LANSING — Lansing-based Neogen Corp. will spend $1.3 million on a new home for its Ideal Instruments subsidiary in a building at 1000 S. Hosmer St.
LANSING – The U.S. Environmental Protection Agency (EPA) announced that the Lansing Regional Brownfields Coalition has received the maximum available grant award of $500,000 through the 2015 EPA Brownfields Program.
The coalition is led by the Lansing Economic Area Partnership, the economic development agency for the state capital region. Coalition partners include the cities of Lansing and East Lansing, and Clinton, Eaton, and Ingham counties.
LANSING — Steve Curran, President and Creative Director of Harvest Creative Services, has been named as 2016 chairman of the board of the Lansing Economic Area Partnership, the state capital region’s economic development agency.
LANSING — Four Lansing-area business incubators will receive from the New Economy Division of the Lansing Economic Area Partnership.
The incubators responded to a request for proposals earlier this year and will receive $5,000 to support their unique programming and operations.
The awarded incubators are:
* The Allen Neighborhood Center, an agriculture-based incubator on the east side of Lansing.
* The Technology Innovation Center, a tech business incubator in East Lansing.
* The Fledge, a youth-focused incubator in downtown Grand Ledge.
* The Runway, the state’s first fashion and design incubator located in the former Knapp’s department store building in downtown Lansing.
Each have completed a memorandum of understanding to solidify the adoption of best practices in business incubation to ensure long term sustainability.
“Each incubator is unique and offers a plethora of support resources to their tenants,” said LEAP business incubation manager Quin Stinchfield. “We want to ensure the sustainability of these incubators as they continue on their trajectory for success in creating ideas, jobs, and new wealth for the Lansing region.”
Added LEAP president and CEO Bob Trezise: “The global Lansing
region continues to rapidly build a brand new, entrepreneurial, and
business startup culture. This is the number one way to convince
younger talent, especially that of Michigan State University, that the
Lansing region is the kind of creative, fun metropolitan climate they
seek. Support of our incubators is one key piece to a very big puzzle.”
For more information about LEAP, visit http://www.purelansing.com.
LANSING — The Lansing area’s economic development agency has launched a new initiative to support product-based startups.
The program, called Lansing Proto, will provide equity funding of $15,000 to each of three product-based startup companies that will be selected to participate in an eight-month-long development program to begin in February.
The Lansing Economic Area Partnership, or LEAP, says it developed the program to support physical product-based companies specifically, as they move from concept to market.
LANSING — Calling all student entrepreneurs and innovators — the Lansing Economic Area Partnership has started its Third Annual Lansing Youth Startup Challenge.
LEAP has partnered with 5 Minutes Tops, a “Shark Tank”-like student business idea competition, to offer local “prep” competitions to student entrepreneurs looking to refine their ideas in an effort to compete at the Lansing Youth Startup Expo, which is scheduled for March 25 at the Lansing Center.
LANSING — The Lansing Economic Area Partnership, the capital area’s economic development agency, has rolled out a new strategy for business recruitment surrounding Michigan State University’s current National Superconducting Cyclotron Laboratory and the Facility for Rare Isotope Beams, its successor, which is now under construction.
LEAP has received a grant from the Michigan Economic Development Corp. to conduct a study of this growing new industry and the opportunities to develop it in the Lansing region. LEAP worked closely with many regional officials as well as Grand Ledge-based business management consultants Kuntzsch Solutions to develop the strategy, which was presented to the Accelerating Capital Task Force Tuesday morning.
Through LEAP’s Accelerating Capital Task Force, efforts have been made to expand on the potential economic activities that would and will potentially spin out of the NSCL as well as the future FRIB. LEAP will recruit and grow private companies as well as manufacturers and suppliers to the Lansing region.
LANSING — The Lansing Area Economic Partnership Tuesday announced a $50,000 grant from the Michigan Economic Development Corp. to launch a new initiative to improve the economy of southwest Lansing.
LANSING — A new report from the Miami-based business consulting Hackett Group found that Lansing was the top Midwest city for luring back service industry jobs that had been offshored.
Syracuse, N.Y. was No. 1 on the list, followed by Jacksonville, Fla. and Tampa, Fla. Grand Rapids was fifth, just behind Lansing.
The report ranked communities whose environments are the most supportive for service industry companies and jobs that are being “in-shored” from other countries to the United States. The study used a site selection methodology of more than 30 indicators, including business climate, workforce quality and cost, and infrastructure availability.
LANSING — The Lansing Economic Area Partnership, the economic development organization for the state’s capital region, Tuesday announced what it called a “reconfiguration” of its New Economy Division.