From: Whipple, Deb (GOV)
Sent: Wednesday, March 03, 2010 6:05 PM
Subject: What the Governor's Talking about Today

Importance: High
What the Governor’s Talking about Today

Wednesday, March 3, 2010

 

Governor Participates in Lansing Roundtable on Entrepreneurship

The governor today participated in a roundtable on entrepreneurship at Lansing Community College.  Joining the governor were small business owners and representatives from the Michigan Small Business and Technology Development Centers (MI-SBTDC) and the Michigan Credit Union League (MCUL). This was the fourth in a series of entrepreneurship events around that state that the governor has participated in recently.

 

In her 2010 State of the State address, the governor announced several small business financing and entrepreneurship initiatives to help grow Michigan’s economy and create new jobs.  One is the Michigan Small Business Financing Alliance, a partnership between the Granholm administration and the MCUL.  More than 30 credit unions have pledged at least $43 million for eligible small business loans.  The MCUL is working on coordinating the credit unions with the 12 MI-SBTDCs.

 

Another initiative is expanding the state’s offering of the Ewing Marion Kauffman Foundation’s FastTrac® NewVenture™ program in which entrepreneurs and displaced workers learn how to successfully launch and grow a small business.  The Michigan Economic Development Corporation is helping with funding to make the NewVenture program available to all 12 MI-SBTDCs and 1,000 prospective entrepreneurs.  

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