From: Midland Tomorrow [richards@midlandtomorrow.org]
Sent: Friday, September 29, 2006 4:26 PM
To: richards@midlandtomorrow.org
Subject: Growing Our Future, Sept. 2006: Awards, Grants and Plans
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Growing Our Future
Volume 2, Issue 9 September 2006

In this issue...

News in Brief

Midland Tomorrow Awards Breakfast October 16

Federal Monies Slated for Midland Tomorrow Client Companies

Solidica Receives 21st Century Jobs Fund Grant

MidMichigan Health Named One of America’s Best Employers

Small Business Federal Grant (SBIR/STTR) Seminar at Northwood October 18

Free Business Plan Basics Seminar October 5

The Truth About Loans Financing Roundtable on October 5

Fall 2006 New Business Tax Seminar

Three-Session Business Plan Workshop at Delta College

Small Business Custom Consultation Dinner Meeting October 17


 

News in Brief

Do you know a high-performing, second-stage Michigan company worth watching? Nominations are being accepted for the 2007 Michigan 50 Companies to Watch awards. A joint program of the Michigan Economic Development Corporation and Michigan Small Business and Technology Development Center with support from the Edward Lowe Foundation, these awards celebrate companies whose performance in the marketplace, innovative products, unique processes or philanthropic actions make them worth watching as the next generation of successful companies in Michigan. The nomination form is online if you have a company to nominate - the deadline is November 3.

Dow Corning Corporation recently received tax abatements from the City of Midland on a combination of new projects and infrastructure improvements at the Midland site. In total, the projects will invest $52.7 million in Midland and will create and retain 290 jobs. The projects are expected to create 803 spin-off jobs with a total estimated income generation of $24.1 million. Congratulations to Dow Corning as they continue to grow their operations, and many thanks to the City of Midland for their pro-business focus and dedication to retaining quality jobs in Midland.

It's official: The Great Lakes Loons, Mid-Michigan's minor league baseball team, are the Class A affiliate of the Los Angeles Dodgers. The Dodgers are known for their superior player development in the Minor League Baseball system, having been ranked second among 30 teams in organizational talent rankings by Baseball America for the last three years. They are considered one of the greatest Major League Baseball franchises of all time. Visit the Loons' Web site for more information!

MidMichigan Medical Center has received state approval to offer open-heart surgery and elective angioplasty by next summer, bringing 50 to 100 new jobs to the hospital for doctors, nurses, technicians and office staff. MidMichigan began offering angioplasty on an emergency basis last year, but now may offer it as an elective procedure. The new services are expected to be up and running by next July. Visit the MidMichigan Medical Center Web site for more information.

The WE-DO (Women's Economic Development Outreach) tour across Michigan will begin with an October 16 stop in Troy. The $25 seminars are great events for creating connections and building business among women entrepreneurs. Click here for more information.

If you're an individual with a business idea utilizing food, fiber, or a natural resource, check out the Road to Independence, a half-day workshop offered by Michigan State University’s Product Center. The workshops will be held in five different locations throughout the state of Michigan beginning in November.

Midland Tomorrow has completed over 70 retention calls with local businesses using the Synchronist Business Information System, a powerful tool to standardize the information we receive on the calls and identify trends to focus our economic development efforts. If your business would be interested in receiving a retention call to discuss your operations and learn about our services, please contact Jess Atwell, Economic Development Manager at Midland Tomorrow.

Upcoming technology-related seminars and events at TheGlance.com




 Midland Tomorrow Consultant
Dear Ryan,

Midland Tomorrow's annual Awards Breakfast is only two weeks away! Come celebrate with us on October 16 as we honor nine local businesses and entrepreneurs that have made significant and lasting contributions to Midland's economic development and quality of life. See the article below for registration information!

We are pleased to share that Solidica, Inc., has received a grant through Michigan's 21st Century Jobs Fund. Although Solidica is based in Ann Arbor, the grant is a win for our region as well, since Solidica is collaborating closely with Saginaw Valley State University and Michigan Molecular Institute to put the grant to use developing medical device technology. In addition, Solidica is funded through Midland's venture capital firm, North Coast Technology Investors. Also, don't miss the Midland companies that have received Department of Defense grants (detailed below) as well as the SBIR/STTR grant seminar on October 18 offered by Biotechnology Business Consultants.

For those people eager to learn about business planning and financing, the Michigan Small Business and Technology Development Center is once again holding multiple seminars in the early part of October. Take good note of the articles below and be sure to register early for the seminars that interest you.

And last but not least, in the wake of MidMichigan Health's announcement of their new cardiac capabilities (see News in Brief), we are pleased to share information about their being named one of the best employers in America for retirees. Congratulations to MidMichigan on another in an ever-growing list of distinctions!


  • Midland Tomorrow Awards Breakfast October 16
  • Midland Tomorrow logo

    This year will be the fourth that Midland Tomorrow hosts its Annual Awards Breakfast. Come join us on October 16 as we recognize and celebrate individuals, organizations, and businesses that have made outstanding contributions to Midland's economic development and quality of life - and witness firsthand the exciting new ways they are developing our technology industry to move Midland toward the future.

    Learn more and register!
  • Federal Monies Slated for Midland Tomorrow Client Companies
  • Four Midland Tomorrow client companies and partners are set to receive grants through an annual Department of Defense appropriations bill that is set to be approved by both the House and Senate this week. The bill contains millions of dollars in project monies. Central Michigan University, Dow Corning Corporation, Michigan Molecular Institute and Pilgrim Technology are among the local companies receiving grants.

    Learn more...
  • Solidica Receives 21st Century Jobs Fund Grant
  • Solidica, Inc., a rapidly growing, venture capital-backed technology company based in Ann Arbor, has received $1.3 million in funding over three years through Michigan’s 21st Century Jobs Fund, an initiative of the Michigan Economic Development Corporation. The funding will allow them to adapt their ultrasonic consolidation technology to manufacture embedded, sensor-based medical devices. Backed by North Coast Technology Investors, a venture capital firm with offices in Midland and Ann Arbor, Solidica will work closely with the Rapid Prototyping Center at Saginaw Valley State University to carry their medical device program to fruition.

    Learn more...
  • MidMichigan Health Named One of America’s Best Employers
  • MidMichigan Health has been named one of America's best employers for mature workers, according to AARP's annual survey of "Best Employers for Workers over 50." MidMichigan, which ranked 34 among the 50 companies listed, is one of four Michigan employers to be honored with this distinction by AARP this year.

    Learn more...
  • Small Business Federal Grant (SBIR/STTR) Seminar at Northwood October 18
  • Each year, the Small Business Innovation Research program (SBIR) and Small Business Technology Transfer program (STTR) provide more than $2 billion to small businesses developing technology throughout the country. In partnership with the Mt. Pleasant Smart Zone, Ann Arbor-based Biotechnology Business Consultants (BBC) is holding a 90-minute SBIR/STTR familiarization seminar on October 18th in Midland. The seminar will be held at Northwood University to attract attendees from across the Mid-Michigan region. You will leave with enough information to determine if you want to pursue this funding and attend subsequent intensive training with BBC.

    Learn more...
  • Free Business Plan Basics Seminar October 5
  • A free Business Plan Basics Seminar will be held Thursday, October 5, 2006, at the Grace A. Dow Memorial Library, 1710 W. St. Andrews, Midland, from 6:00 – 8:30 p.m. Attendance is recommended for those who would like to start a small business or those in business that would like to be acquainted with community and business resources.

    Learn more...
  • The Truth About Loans Financing Roundtable on October 5
  • If you are serious about seeking financing for your business, you owe it to yourself to attend a Financing Roundtable presented by TEAM SBA. TEAM SBA is a preferred SBA lender, a business consultant, SBA economic development staff, and business owners like you. We’ll debunk the myths and demystify the process of bank financing – in plain English. You will learn how your loan application will be analyzed, what underwriting criteria is used, and how banking regulations affect the decision. We will answer your questions based upon your business model. Please note: The SBA does not provide loan guarantees to real estate investment firms and this type of financing is not discussed at the roundtables.

    Learn more...
  • Fall 2006 New Business Tax Seminar
  • Back by popular demand, The Michigan Department of Treasury Presents Fall 2006 New Business Tax Seminars. These seminars acquaint new business owners with their rights and responsibilities relative to Michigan Sales, Use and Withholding taxes. The technical aspects of the taxes as well as tax audits, assessments, collection procedures, appeal options, penalty waivers and protection of your confidential tax information will be discussed. Speakers from the Michigan Department of Treasury will be available to answer your questions.

    Learn more...
  • Three-Session Business Plan Workshop at Delta College
  • The Michigan Small Business & Technology Development Center is pleased to present a three-session workshop designed to help you build your business plan. The sessions are designed to discuss and develop an in-depth Business Plan for entrepreneurial ventures. The workshop is appropriate for both the expansion of an existing business and the start of a new enterprise. The workshop provides information and thoughts on the details necessary to develop a business plan that will help focus your attention and provide guidance in starting, expanding and maintaining a small business.

    Learn more...
  • Small Business Custom Consultation Dinner Meeting October 17
  • The Center For Manufacturing Improvement, Saginaw Valley State University and the Michigan Manufacturing Technology Center, in conjunction with the Center for Automotive Research of Ann Arbor, are hosting a dinner meeting on October 17. Mr. Tom Hasse of MMTC will present details of how our Michigan economy is affected by the on-going market share loss of Ford and General Motors and the impact those reductions are having, and will continue to have, on the supplier base. You will see how a three-point program of Assessment, Training, and Custom Consultation can launch a market diversification program that will result in at least 25 potential new customers for each manufacturer that takes advantage of this program.

    Learn more...
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