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ARTICLES

Huntington Bank commits $5B to state

Michigan will receive the lion’s share of Huntington Bank’s recent $20 billion pledge to its seven-state footprint, and the bank’s West Michigan region president sees it as a fitting move given the level of need.

Ford airport breaks ground on phase one of federal inspection station

Gerald R. Ford International Airport entered phase one of its goal to welcome nonstop international commercial passenger flights.

Hispanic Chamber creates pilot student fellowship

Building Bridges Through Education, an initiative of the West Michigan Hispanic Chamber of Commerce, launched BBTE Fellows, a pilot fellowship for Latinx students across Michigan.

US Department of Commerce invests $68K in CARES Act recovery funds

The U.S. Department of Commerce’s Economic Development Administration awarded a $68,250 CARES Act Recovery Assistance grant to the West Michigan Shoreline Regional Development Commission.

Rapid schedules three community-building events along Division Avenue

The Rapid, in partnership with Downtown Grand Rapids Inc. and the cities of Grand Rapids, Kentwood and Wyoming, will host three community events in early October as part of the Division United project.

Comerica, GROW partner on Business $ense Boot Camps

Comerica Bank is contributing $112,000 to Grand Rapids Opportunities for Women to aid West Michigan entrepreneurs and small businesses.

United Way, Kent County announce first-round nonprofit grant recipients

Heart of West Michigan United Way and Kent County selected the first wave of recipients for the Kent County Nonprofit Organization COVID-19 Grant Fund established this summer.

RPC creates RACE4Progress loans for women of color

Rende Progress Capital is deploying three more loans through its RACE4Progress Loan Fund for entrepreneurs of color impacted by COVID-19.
AP

Funding OK’d for jobless benefit, flood costs, carp project

LANSING — Gov. Gretchen Whitmer on Tuesday signed a budget bill that will fund a federal $300-a-week unemployment benefit, flood cleanup costs in the Midland area and Michigan's contribution toward a project to keep Asian carp out of the Great Lakes.

Downtown hotel opens at Studio Park

The long-awaited Canopy by Hilton hotel at Studio Park is ready to welcome guests to downtown Grand Rapids.

Survey: Many U.S. CEOs are confident

Despite challenging business environment, KPMG audit/tax firm finds mostly positive outlook.

Study: Education, occupation major factors in racial income gap

A pair of economics professors did a deep dive into the racial wealth gap in the U.S. during the past 40 years, and the findings are not encouraging, especially for Black workers in Michigan.

Wyoming turns over new master plan to public

After multiple community outreach sessions, the Wyoming Master Plan is now open for public comment.

County launches progress tracker for strategic plan

Kent County recently launched its 2019-2023 Strategic Plan Performance Dashboard, which tracks progress in achieving the goals of the county's strategic plan.

New $50M fund set up to acquire West Michigan businesses

A private investment firm with ties to Western Michigan University recently launched a fund that will help aspiring owner-operators acquire small businesses in West Michigan.

MEDC, partners launch crowdfunding campaign for After Dark Grand Rapids

Grand Rapids is undergoing a creative, community-driven placemaking project through a new crowdfunding campaign.

Boston Square developers receive rezoning approval

The Grand Rapids City Commission granted approval to a trio of nonprofits seeking to rezone a site in the Boston Square neighborhood to boost equitable opportunities for residents.

Waséyabek Development Company acquires Re-source Industries

A tribally owned holding company and economic development organization acquired a family-owned manufacturer in Muskegon.

Working groups to explore Michigan-Israeli economic partnerships

The Michigan Israel Business Accelerator this month will bring together business leaders from Israel and Michigan — including The Right Place — to leverage Israeli innovation for Michigan’s economic restart.

Panel: Cannabis industry needs to improve equity, prosperity

Despite the legal status of cannabis in Michigan, a panel of experts recently said the fledgling industry is still struggling to translate its promise into prosperity, equity and sustainability.

Report: Employer Resource Networks yield 510% ROI

A new report shows companies that provide an Employer Resource Network (ERN) success coach at the workplace experience an average of 510% return on investment toward the goals of stabilizing households and growing businesses and vibrant communities.

Consultant: Businesses can increase diversity using data

A local consulting firm says it can help create true diversity, equity and inclusion (DEI) in the talent pipeline through data-driven assessment tools and benchmarking.

BLM survey reflects ongoing ‘uncertainty’

The leaders of Michigan’s largest employers anticipate the state and federal economies will worsen in the coming months as a result of the COVID-19 pandemic, although bright spots remain, according to results of a Business Leaders for Michigan (BLM) survey conducted this month.

Ada Township appoints first full-time township manager

Ada Township appointed Julius Suchy to the newly created position of township manager effective mid-September.

Wyoming reopens Ideal Park after $1.8 million redevelopment

The city of Wyoming announced the grand reopening of Ideal Park.

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