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Economic Development Economic & Industrial Development Resources

Economic Development Resources

Certified Development Companies (CDC), Industrial Development Corporations (IDC) and Local and Regional Development Corporations (LDC & RDC), exist to support business development and growth within their community or region. Types of assistance offered include low cost financing, such as the SBA 504 Loan Program, site finding and statistical research.

Small Business Resource Partners

Program Description Location
CENTER FOR EMPOWERMENT AND ECONOMIC DEVELOPMENT

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Michelle Richards View details

Ann Arbor

METROPOLITAN GROWTH AND DEVELOPMENT CORP

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. View details

Detroit

RESOURCE CAPITAL

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. View details

Detroit

SMALL BUSINESS ADMINISTRATION (SBA) MICHIGAN DISTRICT OFFICE

Works to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. View details

Detroit

COMMUNITY CAPITAL AND DEVELOPMENT CORPORATION

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Bobby Wells View details

Flint

KENT AREA MICROBUSINESS LOAN SERVICES

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Edward L. Garner View details

Grand Rapids

LAKESHORE 504

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.... View details

Holland

GROWTH FINANCE CORPORATION

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. View details

Howard City

MICHIGAN CERTIFIED DEVELOPMENT COMPANY

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. View details

Lansing

NORTHERN ECONOMIC INITIATIVE CORP

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Micro-Loan Contact: Todd Horton View details

Marquette

OAKLAND COUNTY BUSINESS FINANCE CORPORATION

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. View details

Pontiac

SAGINAW ECONOMIC DEVELOPMENT CORPORATION

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Leslie Weaver View details

Saginaw

ECONOMIC DEVELOPMENT FOUNDATION

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.... View details

Statewide

RURAL MICHIGAN INTERMEDIARY RELENDING PROGRAM, INC

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Michael Haddad Micro-Loan Contact:... View details

Traverse City

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page updated: July 17 2008
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