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Snapshots: 60 Seconds… With Michael Finney, President And CEO, Michigan Economic Development

Buisness Facilities Contributed Content

Michael Finney, President and CEO, Michigan Economic Development. BF: The Michigan Business Development program offers cash incentives in increments up to $10 million. They are commercializing technology that comes from a spinoff from the FRIB, the Facility for Rare Isotope Beams, at Michigan State University.

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SBA 504: Funding Business Growth with Less Capital

Wolgast Corporation

In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. It is still a nominal rate spanning a longer term than the traditional bank loan. Being able to finance 80-90% of the cost couldn’t be a better deal for these companies.

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Commercial Property Execs’ Mood Brightens, Yet Outlook Clouded by Economic, Fiscal Uncertainties, Interest Rate Risks

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Senior commercial real estate executives are increasingly positive about current and future market conditions—particularly as they relate to top-quality assets in top markets—yet they remain concerned about the slow pace of job creation, sovereign budget deficits (including U.S. pension and 401(k) plans.

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Three Common Misconceptions about Design Build Construction

Wolgast Corporation

Phase I of the Design-Build method establishes preliminary drawings for a nominal fee with enough information to get a preliminary budget, so a business owner can take the information to the bank for financing. While the budget is not exact, it’s in the ballpark.

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Michigan’s URC Contributes $958M, 11,600 Jobs In Detroit

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Michigan’s University Research Corridor (URC) added $958 million in economic activity to the city of Detroit in 2015, or the equivalent of $1,400 per Detroit resident, along with hundreds of programs that improve lives and advance neighborhoods, according to a new report. Click to enlarge. ” Universities Invest In Detroit. .

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COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

The Greenhouse accelerates technology commercialization with seed and early-stage companies; connects investors with its Investment Portfolio companies; expands established life sciences ventures and relocates biomedical companies to Pennsylvania. Twenty-eight Fortune 500 companies operate within the Little Rock Metropolitan Statistical Area.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 CALIFORNIA – updated for 2014.

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