Items Tagged with 'Michigan Strategic Fund'


Jackson Entertainment receives state loan approval

The $5.5 million will go toward Studio Park residential development, parking deck, piazza, theater and site improvements.

May 4, 2018
Jackson Entertainment recently received approval for a multimillion-dollar loan for Studio Park. Read More

Downtown Market buys more time

State approves fourth loan extension while market sources $1M from foundations for 25-percent payment.

February 2, 2018
The grace period for Grand Rapids Downtown Market’s debt repayment has stretched into a sixth year. Read More

State approves $1.1M for industrial project

October 30, 2017
The state has approved more than $1 million in brownfield funding for a two-building industrial project in Grand Rapids. Read More

Legislature approves tax breaks for companies that add jobs

July 13, 2017
Qualified companies that create hundreds or thousands of Michigan jobs will receive tax incentives under bills approved by lawmakers, six years after Gov. Rick Snyder and fellow Republicans replaced such breaks with a scaled-back economic development program. Read More

State approves funding for two Grand Rapids projects

June 19, 2015
Two Grand Rapids real estate projects that will result in more than 30 jobs have been approved by the Michigan Strategic Fund. Read More

616 project gets loan from state

May 9, 2014
The Lofts on Michigan, a 616 Development project on Michigan Street NE in Grand Rapids, has been awarded a $2.45 million Michigan Community Revitalization Program loan from the Michigan Strategic Fund. Read More

Grow Michigan loans $20M in first year

West Michigan banks are involved in helping small businesses expand.

February 21, 2014
Grow Michigan LLC approved a dozen loans its first year worth $20.1 million, and small business borrowers include a Grand Rapids brewpub business that has opened a new pub in East Lansing. Read More

Audit: Michigan fund reports erroneous job-creation data

September 26, 2013
| By AP
LANSING — The state’s Michigan Strategic Fund overstated job-creation data by companies that have received grants through government incentive programs, according to a state audit released this week. Read More

Grow MI has money for small businesses

February 22, 2013
Grow Michigan LLC has hung out its shingle and is ready for small business borrowers. Read More

State money encourages new high-tech startups

Grand Rapids’ Smart Zone is right in the thick of things.

December 8, 2012
LANSING — With $8.5 million in grants to award, the state is encouraging local programs to support high-tech startup companies. Read More