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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.
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.
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.
A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).
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.
Navy Federal Credit Union, Bristol-Myers Squibb and Deutsche Bank. The Michigan Economic Development Corporation (MEDC) is helping to transform the Michigan economy by growing and attracting business, keeping talented residents in the state and revitalizing urban centers. billion in investments and add 4,590 jobs in Michigan.
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. .
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.
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.
Residential firms saw healthy gains, providing further evidence that the residential construction sector is in recovery, however, commercial/industrial firms reported their fourth straight monthly decline. and Commercial/Industrial is up 47.9 This was a surprise after eight straight months of improvement. South is down 52.2 from 44.3,
The Tourist Game Is Growing | With more than 450 commercial casinos across 24 states, the $261 billion U.S. A Sunny Outlook In Florida | Commercial real estate projects brought $20 billion into Florida’s economy in 2018 and similar to the state’s population, the growth will continue. Special Reports. casino industry supports 1.8
Architecture firms in the Northeast, Midwest, and South all reported increases, along with firms specializing in residential, commercial/industrial, and institutional projects. Real estate markets saw only modest activity in most regions, but commercial markets showed signs of ongoing improvement in several districts. West is down 45.1
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
Several area private employers have sponsored WorkIT Nashville, including Asurion, Bank of New York Mellon, Caterpillar Financial, Emdeon, HCA, Ingram Content Group, UBS and Vanderbilt University. BF: Hatch Stamping, a Michigan-based auto components maker, is investing $17 million in a new plant in Robertson County.
Airco Commercial Services, inc. Bank of America. Cassidy Turley Commercial Real Estate Services. CBRE Commercial Real Estate Services. Armstrong Commercial Ceilings. Commercial Flooring Distributors. Advanced Furniture Services. Advanced Home Energy Solutions. Aedis Ince. Affiliated Engineers, Inc.
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