Ann Arbor DDA moves forward on Near North, Library Lot
A lot of people took the holidays off this year. Not the Ann Arbor Downtown Development Authority, as it spent more than half a million dollars on developments in the college town’s downtown area. The big ticket item is $500,000 for the Near North project on North Main Street, a few blocks north of downtown. The grant will help get the affordable housing project off the ground. The development would build 40 apartments for entry-level workforce... [Read More...]
No Word on 2009 21CJF Competition
SEIC Board did not mention next round of competition at meeting The SEIC Board at their meeting last Friday never mentioned the next round of the 21st Century Jobs Fund competition. What they did discuss was how to handle the available $6.7 million that isn’t getting claimed from the most recent round of competition. Two more companies, Avidimer Therapeutics and Accuri Cytometers joined Cielo Med Solutions in not agreeing or unable to take the... [Read More...]
21CJF Update
New information about application content Have you read the FAQ regarding the 21st Century Jobs Fund competition recently? Here’s the link: http://ref.themedc.org/cm/attach/18efd0c7-95d3-4a2f-89e4-cae672d8ecd2/20080428_FAQs.pdf Here are some highlights that shed more light on the RFP. You already know there will be 2 types of loans, a straight loan and a convertible note. Which will apply to you? The MEDC says this will be negotiated... [Read More...]
SEIC Meeting Review
Summary of meeting of SEIC Board on April 9 The SEIC Board met on April 9, 2008 to approve the RFP for the next round of the 21st Century Jobs Fund, officially launching the competition for $30 million to be loaned to technology companies in Michigan. There was discussion about the RFP and the competion, and the RFP for peer review organizations to judge the competition. Our friend David Havilland with Shepherd Advisors was there and has summarized... [Read More...]
