Economic Development

The Right Place, Lakeshore Advantage, Southwest First and others


Tourism ROI continues at record pace

Visitors contributed $22.8 billion to state’s economy last year.

March 27, 2015
Visitor spending reached record levels in 2014, with visitors spending $22.8 billion in Michigan, much of that due to the Pure Michigan campaign. Read More

Teaching small biz owners how to get loans

The SBA is funding Getting to Yes! training at GVSU.

March 27, 2015
The U.S. Small Business Administration’s Michigan District Office, in conjunction with the Michigan Small Business Development Center at Grand Valley State University, is bringing “Getting to Yes!” training to West Michigan. Read More

Kent County home values back to pre-recession levels

Now there just isn’t enough inventory to meet buyer demand.

March 20, 2015
The long, deep recession that flattened the residential real estate and home construction industries has finally ended, with an early indication that home prices in Kent County rose an average of 7.25 percent in 2014. Read More

TED’s umbrella covers many of state’s talent initiatives

March 20, 2015
A new organization is reshaping the way the state leverages the ability to build talent. Read More

Battle Creek market ranks high for corporate site selection

March 18, 2015
Battle Creek and Michigan are considered two of the top markets in the nation for corporate real estate projects. Read More

Downtown movie theater project receives extension

March 16, 2015
Jackson Entertainment, an offshoot of the Celebration! Cinema group, is still working to make its proposed downtown movie theater project a reality. Read More

Land bank gets a toxic surprise

The agency now owns an old plating factory containing dangerous chemicals.

March 13, 2015
The Kent County Land Bank Authority owns an old plating factory in southeast Grand Rapids that it is sure it can sell — but only after the vats and drums full of toxic chemicals have been removed and the property cleaned. Read More

Consumers grant fuels ag-tech incubator

Two dozen entrepreneurs with business ideas are talking to the Ottawa County organization.

March 13, 2015
Great Lakes Ag-Tech Business Incubator, the new statewide incubator launched in December in Ottawa County, has received a $25,000 contribution from Consumers Energy to support new businesses that have an invention or technology idea involving agriculture. Read More

Ottawa planners contemplate tapping into crowdfunding tool

March 13, 2015
The Ottawa County Planning Commission is considering leveraging a crowdfunding platform launched by the Michigan Economic Development Corp. as an additional fundraising tool to engage community members in supporting public improvement projects and to earn matching funds from the state. Read More

Better days ahead for middle class

Federal Reserve Bank economist says recovery might finally reach more people.

March 13, 2015
(As seen on WZZM TV 13) In 2015, the economic recovery might finally reach the middle and lower class, according to a Federal Reserve Bank economist who visited Grand Rapids recently. Read More