From Michigan Economic Development Corporation <[email protected]>
Subject MEDC Daily: Small businesses: The heart of Michigan's economy and communities
Date March 22, 2023 9:58 PM
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medc daily economic news



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"Access to some of the stories in the MEDC Daily Economic News may require a subscription. Please visit individual news outlets' websites for terms and conditions required to access their content. "



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Featured News



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Grand Rapids Business Journal | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Small%20businesses:%20The%20heart%20of%20Michigan>



*Small businesses: The heart of Michigan's economy and communities* [ [link removed] ]

Small businesses help to drive innovation, create jobs and contribute to the growth and vitality of communities everywhere.



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Second Wave media | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=SK%20Siltron%20CSS%20puts%20Bay%20County%20at%20the%20forefront%20of%20nation%E2%80%99s%20growing%20appetite%20for%20semiconductor%20chips&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/baycity/features/sk-siltron-puts-bay-county-at-the-forefront.aspx%0A%0A%0A%0A>



*SK Siltron CSS puts Bay County at the forefront of nation?s growing appetite for semiconductor chips* [ [link removed] ]



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MEDC In the News



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WGRT | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=$10%20Million%20Microloan%20Fund%20For%20Women,%20Veterans,%20and%20Entrepreneurs%20of%20Color%20|%20WGRT&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://wgrt.com/10-million-microloan-fund-for-women-veterans-and-entrepreneurs-of-color/%0A%0A%0A%0A>



*$10 Million Microloan Fund For Women, Veterans, and Entrepreneurs of Color | WGRT* [ [link removed] ]

When it comes to business loans and funding available for start-ups, minorities often get left out of the equation, or are not equally represented in certain cases. A new microloan seeks to provide?



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WNWN-FM | March 21, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Governor%20Whitmer%20announces%20150%20new%20jobs%20with%2051%20of%20them%20coming%20to%20a%20Kalamazoo%20company&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://wincountry.com/2023/03/16/governor-whitmer-announces-150-new-jobs-with-51-of-them-coming-to-a-kalamazoo-company/%0A%0A%0A%0A>



*Governor Whitmer announces 150 new jobs with 51 of them coming to a Kalamazoo company* [ [link removed] ]



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Business Development



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record-eagle.com | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Small%20businesses%20come%20up%20big&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.record-eagle.com/news/business/small-businesses-come-up-big/article_3cc39a6c-c341-11ed-ad42-63e4cd744735.html%0A%0A%0A%0A>



*Small businesses come up big* [ [link removed] ]



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Rural Innovation Exchange | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Stormy%20Kromer%20partners%20to%20make%20portable%20sauna%20tents&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/rural-innovation-exchange/features/stormysaunapartnership_1.aspx%0A%0A%0A%0A>



*Stormy Kromer partners to make portable sauna tents* [ [link removed] ]

Iconic Stormy Kromer partners with Wisconsin tent manufacturer to produce portable sauna tents. ?We think it makes a lot of sense for two Midwestern brands who definitely know winter to jointly put their names on this innovative product,? said Stormy



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Grand Rapids Business Journal | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=West%20Michigan%20metal%20fabricator%20invests%20$15.5M%20to%20diversify%20into%20EV%20space&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://grbj.com/news/manufacturing/west-michigan-metal-fabricator-invests-15-5m-to-diversify-into-ev-space/%0A%0A%0A%0A>



*West Michigan metal fabricator invests $15.5M to diversify into EV space* [ [link removed] ]

Concept Metals Group is making significant investments to bolster its presence in the electric vehicle battery production sector



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Community Development



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mlive | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Ann%20Arbor%20is%20the%208th%20best%20city%20to%20live%20in%20America,%20ranking%20says&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/ann-arbor/2023/03/ann-arbor-is-the-8th-best-city-to-live-in-america-ranking-says.html%0A%0A%0A%0A>



*Ann Arbor is the 8th best city to live in America, ranking says* [ [link removed] ]

The city has fallen two spots from its ranking in 2022.



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DBusiness | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=New%20Corktown%20Multifamily%20Housing%20Complex%20to%20Open%20in%20Fall%202023&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/new-corktown-multifamily-housing-complex-to-open-in-fall-2023/%0A%0A%0A%0A>



*New Corktown Multifamily Housing Complex to Open in Fall 2023* [ [link removed] ]



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DBusiness | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Historic%20Book%20Tower%20in%20Detroit%20to%20Reopen%20Following%20$300M%20Renovation&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/historic-book-tower-in-detroit-to-reopen-following-300m-renovation/%0A%0A%0A%0A>



*Historic Book Tower in Detroit to Reopen Following $300M Renovation* [ [link removed] ]



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Crain's Detroit Business | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Book%20Tower%20apartments%20to%20begin%20pre-leasing%20as%20Gilbert-backed%20renovation%20hits%20home%20stretch&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/real-estate/pre-leasing-book-tower-apartments-begins-next-month%0A%0A%0A%0A>



*Book Tower apartments to begin pre-leasing as Gilbert-backed renovation hits home stretch* [ [link removed] ]



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record-eagle.com | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Maple%20City%20Crossings%20adds%20to%20housing%20in%20Leelanau&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.record-eagle.com/news/maple-city-crossings-adds-to-housing-in-leelanau/article_a9c818ac-c807-11ed-a71a-efba79de16dc.html%0A%0A%0A%0A>



*Maple City Crossings adds to housing in Leelanau* [ [link removed] ]



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mlive | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Plans%20revealed%20for%20new%20arena%20in%20downtown%20Kalamazoo&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/kalamazoo/2023/03/plans-revealed-for-new-arena-in-downtown-kalamazoo.html%0A%0A%0A%0A>



*Plans revealed for new arena in downtown Kalamazoo* [ [link removed] ]

Developers are planning a 320,000-square-foot event center in downtown Kalamazoo for sporting events, concerts and more.



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Second Wave media | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=New%20development%20coming%20to%20Downtown%20Zeeland&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/lakeshore/features/downtownzeelanddevelopment.aspx%0A%0A%0A%0A>



*New development coming to Downtown Zeeland* [ [link removed] ]



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Second Wave media | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=How%20some%20Michigan%20communities%20spent%20ARPA%20dollars&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/rural-innovation-exchange/features/rixarpafunds.aspx%0A%0A%0A%0A>



*How some Michigan communities spent ARPA dollars* [ [link removed] ]



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Mobility & Automotive



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DBusiness | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=U-M%20Taps%20AI%20to%20Make%20Autonomous%20Vehicle%20Testing%2099%25%20More%20Efficient&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/u-m-taps-ai-to-make-autonomous-vehicle-testing-99-more-efficient/%0A%0A%0A%0A>



*U-M Taps AI to Make Autonomous Vehicle Testing 99% More Efficient* [ [link removed] ]



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Rural Innovation Exchange | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=On%20the%20horizon:%20The%20first%20electric%20Mackinac%20Island%20ferry&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/rural-innovation-exchange/features/electricferry.aspx%0A%0A%0A%0A>



*On the horizon: The first electric Mackinac Island ferry* [ [link removed] ]

The electrification of the first Mackinac Island ferry is underway, part of a bold initiative to modernize the fleet and other ships serving the region. It's also part of an ambitious plan to bolster the economy of the Straits of Mackinac.



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Entrepreneurship



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Shoreline Media Group | March 21, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Deadline%20extended%20for%20food-based%20business%20pitch%20challenge&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.shorelinemedia.net/ludington_daily_news/community/deadline-extended-for-food-based-business-pitch-challenge/article_4593ec29-d497-5422-8810-76db6cb18551.html%0A%0A%0A%0A>



*Deadline extended for food-based business pitch challenge* [ [link removed] ]



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WLNS-TV | March 21, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=%0A%09%09%09%09Whitmer%20awards%20$3%20million%20to%20Young%20Professionals%20grants%09%09%09&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.wlns.com/news/local-news/whitmer-awards-3-million-to-young-professionals-grants/%0A%0A%0A%0A>



*Whitmer awards $3 million to Young Professionals grants * [ [link removed] ]



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DBusiness | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=EO%20Detroit%20Announces%20Cassandra%20Worthy%20as%20Keynote%20Speaker%20for%20XCentric%202023&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/eo-detroit-announces-cassandra-worthy-as-keynote-speaker-for-xcentric-2023/%0A%0A%0A%0A>



*EO Detroit Announces Cassandra Worthy as Keynote Speaker for XCentric 2023* [ [link removed] ]



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Flintside | March 21, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=100K%20Ideas%20showcases%20three%20Flint%20entrepreneurs%20in%20sixth%20episode%20of%20storytelling%20series&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.flintside.com/features/100k-ideas-sixth-episode-storytelling-series.aspx%0A%0A%0A%0A>



*100K Ideas showcases three Flint entrepreneurs in sixth episode of storytelling series* [ [link removed] ]



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Travel



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Second Wave media | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Raising%20the%20hotel%20bar%20in%20the%20U.P.&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/upword/features/thevaulthoughton.aspx%0A%0A%0A%0A>



*Raising the hotel bar in the U.P.* [ [link removed] ]



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MLive.com | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=First-ever%20Upper%20Peninsula%20Dark%20Sky%20Festival%20coming%20to%20Copper%20Harbor%20in%20April&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/2023/03/first-ever-upper-peninsula-dark-sky-festival-coming-to-copper-harbor-in-april.html%0A%0A%0A%0A>



*First-ever Upper Peninsula Dark Sky Festival coming to Copper Harbor in April* [ [link removed] ]



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WFGR-FM | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=8%20Must-See%20Destinations%20to%20Visit%20In%20Michigan%E2%80%99s%20U.P.%20This%20Spring&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://wfgr.com/ixp/689/p/spring-destinations-michigan-upper-peninsula/%0A%0A%0A%0A>



*8 Must-See Destinations to Visit In Michigan?s U.P. This Spring* [ [link removed] ]



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WSJM-AM | March 21, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=2023%20Could%20Be%20Record-Breaking%20Year%20For%20Great%20Lakes%20Cruises&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.wsjm.com/2023/03/16/2023-could-be-record-breaking-year-for-great-lakes-cruises/%0A%0A%0A%0A>



*2023 Could Be Record-Breaking Year For Great Lakes Cruises* [ [link removed] ]



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Arts & Lifestyle



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DBusiness | March 22, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=DBusiness%20Daily%20Update:%20The%20John%20Shippen%20National%20Invitational%20Golf%20Series%20Sets%202023%20Schedule,%20and%20More&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/dbusiness-daily-update-the-john-shippen-national-invitational-golf-series-sets-2023-schedule-and-more/%0A%0A%0A%0A>



*DBusiness Daily Update: The John Shippen National Invitational Golf Series Sets 2023 Schedule, and More* [ [link removed] ]



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