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So far MIBiz has created 45 blog entries.

Grand Rapids Group Seeks To Connect Cannabis Growers With Testing, Distribution, Insurance Needs

GRAND RAPIDS - As Michigan begins to license medical marijuana businesses, a new association seeks to offer an array of financial services to the industry. The Grand Rapids-based Michigan Cannabis Risk and Financial Association LLC wants to connect medical marijuana growers, processors, testing facilities, distributors and sellers with insurance and other professional services they need for their

By |2018-06-25T10:15:05-04:00June 25th, 2018|News|

Spectrum Health Commits $7.5 Million To Back Health Care Tech VC Fund

GRAND RAPIDS — Spectrum Health has committed $7.5 million to a new Chicago-based venture capital fund that backs emerging heath care technologies. The commitment to invest $2.5 million annually over three years into 7wire Ventures’ Connected Consumer Health Fund comes from Spectrum Health Ventures LLC, the $100 million venture capital fund the health system formed in early 2017. By investing

By |2018-06-07T20:08:22-04:00June 7th, 2018|Featured, Life Sciences|

West Michigan Economy Still Growing Despite Steel, Aluminum Tariffs

GRAND RAPIDS - Despite steel and aluminum tariffs, West Michigan’s economy continues to grow a new report from Grand Valley State University contends. Brian Long, director of supply chain management research at GVSU’s Seidman College of Business, said his survey of purchasing managers index tick up by two points over the previous month to 34,

By |2018-04-12T08:56:46-04:00April 12th, 2018|News|

West Michigan Venture Capital Firm Raises $7.2 Million To Invest In Health Care Startups

HOLLAND - A West Michigan venture capital firm closed last week on $7.2 million of the $10 million it seeks to raise to invest in health care startups. Formed last fall by Genesis Innovation Group LLC, a developer of emerging medical device technologies, cultivate(MD) Capital Fund GP LLC netted investments from about 50 individual investors. Many investors are

By |2018-03-15T11:10:28-04:00March 15th, 2018|Entrepreneur, Entrepreneurs|

Auto Suppliers Poised To Weather Any Blip, Analyst Says

GRAND RAPIDS - North American light vehicle sales should dip this year to around 17.1 million units, breaking a streak of seven consecutive year-over-year gains, according to Mike Wall of IHS Markit. But while he expects the market to contract further to around 16.9 million units next year, Wall believes the automotive supply chain is positioned

By |2017-12-28T18:09:13-05:00December 28th, 2017|Auto Tech, New Products / Contracts|

Jool Health Lands $4.5 Million Investment For Health Care Software Developer

ANN ARBOR - A software company that wants to use artificial intelligence to take workplace wellness has closed on a $4.5 million capital round that the company said will accelerate product upgrades and support sales and marketing. The capital round for Jool Health Inc. was led by CVC Jool Investors LLC, a corporate entity based in

By |2017-11-02T19:26:22-04:00November 2nd, 2017|Entrepreneurs|

PNC Bank Business Survey: Michigan Economy To Remain In Good Shape

GRAND RAPIDS - Michigan’s economy should remain in good shape for the foreseeable future, according to results of a semi-annual survey PNC Bank conducts with small and medium-sized business owners. Among respondents, 56 percent said they expect their company’s sales to increase in the next six months and nearly one-quarter expect to hire more full-time employees. The

By |2017-10-13T11:49:36-04:00October 12th, 2017|Politics, Politics/Government|

MSU Opens New $88.1 Million Grand Rapids Research Center

GRAND RAPIDS — The new Grand Rapids Research Center opens this week, anchoring the western end of the city’s Medical Mile cluster of education, health care and research institutions and elevating Michigan State University’s role in biomedicine. The $88.1 million facility initially will house 18 research teams that will relocate from the nearby Van Andel Research Institute. The

By |2017-09-18T11:45:06-04:00September 18th, 2017|Life Sciences|

With Lots Of Money Stashed, Private Equity Players Poised For Significant Investment Activity

GRAND RAPIDS - Private equity investors have more capital to deploy today than they have in years. Statistics from Seattle, Wash.-based Pitchbook show fundraising activity for private equity funds in North America and Europe reached its highest level in a decade, at $212.6 billion through Aug. 1. Meanwhile, a report from the American Investment Council,

By |2017-09-12T17:13:25-04:00September 12th, 2017|Entrepreneur, Entrepreneurs|

Honigman Launches Autonomous Vehicle Practice Group

DETROIT - Honigman Miller Schwartz and Cohn LLP recently launched a formal practice group focusing on the rapidly growing autonomous vehicle industry. The firm, which maintains offices in Grand Rapids, Kalamazoo and Lansing, recently hired Steve Wernikoff to co-chair the practice with Tom Appledorn, a partner in the firm’s intellectual property group. Wernikoff formerly served

By |2017-09-07T12:17:10-04:00September 7th, 2017|Autonomous Vehicles|