Eastern Leaders group has ambitious plans for 2009

Hoping to build on the success of the Spark East business incubator, the Eastern Leaders group unveiled an ambitious plan Thursday for 2009 that includes training workers for new jobs, launching a micro-loan program and developing a land bank. Read the Ann Arbor News article  Read More →

MI Pre-seed Capital Fund changes announced

The state of Michigan, through the 21st Century Jobs Fund, has re-capitalized the Michigan Pre-seed Capital Fund.  The award of $6.8 million was approved by the SEIC board in March.   There are two significant changes affecting distribution of this new money.  One is the match for an investment is lowered to one-half to one.  In other words to ask for a $200,000 investment from the fund a company only needs $100,000 of matching investment from... [Read More...]