Things are popping in Michigan for innovators and entrepreneurs. In November, Fifth Third Bank announced a $5 billion dollar investment in the State's Pure Michigan Business Connect ,(PMBC), campaign. The bank's commitment as a partner more than doubles the original $3 billion capacity of PMBC. As a program partner, Fifth Third Bank has the capacity to make new loans totaling $2.5 billion to Michigan businesses in 2012 alone, and it represents the largest commitment by a financial institution to date. The PMBC program is a public-private initiative that provides Michigan businesses with new ways to buy and sell, raise capital and connect with each other through an alliance of the Michigan Economic Development Corp., state agencies and major Michigan companies and organizations.
Tech Town, The New Enterprise Forum,The Renaissance Venture Capital Foundation and the work of the Michigan Women's Foundation to support women-owned businesses, are just a few of the dozens of reasons Michigan entrepreneurs are positioned to lead the country in new business growth. Indeed, Robert Buderi, Editor and Chief of Xeconomy, was recently quoted as saying, " If Michigan were a stock, I would be buying a bunch of options to it."
Join us tonight as leadership development expert. Lisa Pasbjerg, interviews Lanny White and Mark Reynolds of GrowBiz based in Ann Arbor, about their "take" on the Michigan growth phenomena. What are the most common problems and pitfalls that are encountered by start-ups and early-stage businesses? And, what are the critical tactics and solutions they see that can help entrepreneurs avert or avoid them? Listen in as they share with us insights gleaned from their decades of experience at helping businesses grow and thrive, and why now is the time to be an entrepreneur in Michigan.