Latest News & Blogs
The Right Place, Inc. and its regional partners distribute nearly $5M in emergency grant funding
Today The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC) and regional partners, announced that 426 small businesses have been awarded $4.98M in grant funding. These grants were awarded to eligible West Michigan small businesses who have been negatively impacted by the recent Michigan Department of Health and Human Services epidemic orders.
The Right Place 2021 Economic Outlook Recap
In December 2020, The Right Place hosted the 24th Annual Economic Outlook for West Michigan. In light of the COVID-19 pandemic, the event was hosted virtually for the first time since the series began.
New Grand Rapids venture fund closer to making first investments in companies owned by people of color
One year after announcing a venture fund aimed at boosting businesses owned by people of color in West Michigan, New Community Transformation Fund (NCTF) is nearing the first organizational milestone of raising $10 million, thanks to a substantial investment Bank of America announced today that it will make.
MDHHS new epidemic order allows for reopening of indoor dining and other services
The Michigan Department of Health and Human Services (MDHHS) has released its next epidemic order, which continues the department’s fact-based approach to reopening activities, and goes into effect on Monday, Feb. 1. The order will allow for indoor dining at restaurants with certain requirements; concessions at casinos, movie theaters and stadiums; personal services requiring mask removal; and non-residential gatherings of up to 10 people from two households.
The Right Place, Inc. announces promotion of Business Development team member
Today, The Right Place, Inc., announced the promotion of its business development team member, Julie Burrell.
Michigan Small Business Survival Grant Program to provide $55 million in grants for COVID-19 relief efforts
The Michigan Strategic Fund today approved two grant programs – the Michigan Small Business Survival Grants and the Michigan Stages Survival Grants – totaling $58.5 million in relief to help meet the urgent needs of small businesses and live event venues impacted by the COVID-19 virus, the Michigan Economic Development Corporation announced.
MDHHS new epidemic order allows indoor group exercise, non-contact sports
The Michigan Department of Health and Human Services (MDHHS) has updated its epidemic order today to allow re-opening of additional activities where Michiganders can remain masked and socially distanced, as this has been scientifically shown to slow the virus. This includes indoor group exercise and non-contact sports. The new order is effective Saturday, Jan. 16 and will last until Sunday, Jan. 31.
SBA reopens Paycheck Protection Program
The US Small Business Administration (SBA) has reopened the Paycheck Protection Program (PPP) the week of January 11, 2021 for new borrowers and certain existing PPP borrowers.
The Right Place board of directors changes for 2021
The Right Place, Inc. has appointed five new board members to the 2021 Right Place board of directors and accepted the retirement of five others.
Grand Rapids neighborhoods highlighted among 'hottest' real estate markets in the US
Real estate brokerage Redfin has published its findings of the Most Competitive Neighborhoods of 2019, and two Grand Rapids locations were slated among the top 10.