Business watchers in Michigan are heralding some good news in the start-up world. A new report released by the National Venture Capital Association and PricewaterhouseCoopers LLP finds venture capital investment in Michigan was up nearly 100-percent in 2014 from the previous year.
A national organization designed to inspire and educate entrepreneurs is coming to Lansing. It’s called Startup Grind. The Lansing Startup Grind will hold its first meeting on Thursday night. Startup Grind was formed in 2010 and has grown to 150 cities in 65 countries.
Social entrepreneurship, where for-profit businesses seek to offer creative solutions to our society’s biggest needs, has become a rising trend across the country. Last year, Detroit was home to the nation’s first social entrepreneurship competition, which attracted more than $1-million in new investment for a diverse group of new businesses that focus on such issues as energy efficiency, affordable medical devices, and coffee roasting.
A new program is offering talented college grads the chance to learn entrepreneurialism on the front lines. It also aims to help perk up job creation in some of America’s most economically challenged cities, including Detroit.