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Michigan groups launch $10M business microloan program

Applications are now open for a new business microloan program for women and entrepreneurs of color, according to an announcement Thursday. The program, called the Michigan Economic Opportunity Fund, holds a pool of $10 million managed by Michigan Women Forward, a nonprofit organization that recently became a community development fund institution. The program’s partners include:

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From gatekeeper to innovator: How finance teams are using technology to drive strategic innovation

Chief financial officer (CFO) and finance teams are typically known for their fiscal duties – accounting, expenses and financial planning – that help ensure an organization is compliant and runs smoothly for long-term financial health. Over the past few years, the role of finance teams has drastically evolved to include driving innovation. During the pandemic,

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Applications open for Comerica Hatch Detroit with $100K prize

Applications are now open for the $100,000 Comerica Hatch Detroit Contest by TechTown. The contest awards $100,000 to startups hoping to open a brick-and-mortar business in either Detroit, Hamtramck or Highland Park. Entrepreneurs can submit their business plans on the Hatch Detroit website through Feb. 21, and the four-month contest will include two rounds of

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