Kenneth Kelly on WPHM
Kenneth Kelly joined Paul Miller at WPHM-AM 1380 Port Huron to discuss Grow Michigan Fund II and the $100 million from the fund to support minority businesses on WPHM. Listen to the interview here.
Small Talk with Mark S. Lee
Early edition of the weekly “Small Talk with Mark S. Lee” FB Live/Zoom series is scheduled for Tuesday, 12/22, 2 p.m. Access-to-capital is a challenge, particularly during these challenging times. Where do you look? What’s out there? How do you…
Kenneth Kelly on WXYZ
Kenneth Kelly and Matthew Elliott, Detroit Market President of Bank of America, join Chuck Stokes this Sunday, December 13, at 10:00 a.m. on WXYZ. Kelly will highlight that $100 million from the Grow Michigan Fund II will focus on supporting…
Grow Michigan II Virtually Rings The NYSE Opening Bell®
On Monday, December 14th at 9:30 a.m. the New York Stock Exchange welcomes officials from Grow Michigan II, to highlight the team’s mission to support growth, expansion and succession of small businesses in Michigan.The fund is working with Detroit-based First…
Grow Michigan Starting Second Fund
Grow Michigan was launched in 2012 with the mission to grow Michigan businesses and jobs by providing growth capital to Michigan business owners who do not have the required capital to grow their business. The original Grow Michigan fund (Fund…
Grow Michigan & First Independence Bank Team Up
Grow Michigan 2 announces partnership with First Independence Bank to make mezzanine funds available to minority owned businesses. Hear Pat O’Keefe, CEO from Grow Michigan, and Derron Sanders, board member of First Independence Bank, discuss the collaboration with Chuck Stokes…
Can your clients benefit from Grow Michigan Mezzanine Financing
Grow Michigan mezzanine financing can provide capital when there is insufficient equity from ownership or when a company has maximized its senior debt borrowing capacity. In the capital structure, Grow Michigan mezzanine capital sits between equity and collateralized debt. While…
A Big Week in Washington
It has been a big week for International trade in Washington. The U.S. and China signed phase one of a trade deal and the Senate passed the U.S.-Canada-Mexico trade agreement (“USMCA”). Seemingly great news, but what does it actually mean…
Job Creation: A Year in Review
The U.S. economy added 145,000 jobs in December, which missed analyst expectations of 160,000. Although this number disappointed analysts, 2019 was a remarkable year for job growth. In totality, the U.S. economy had its 111th straight month of job creation…