Michigan business news

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Downtown Michigan with small businesses and community interaction
Michigan Business News

Michigan Grants $2 Million to Small Businesses for Growth

News Summary On Tuesday, Governor Gretchen Whitmer announced that 63 small businesses in Michigan received nearly $2 million in grants through the Match on Main program. This initiative, aimed at supporting businesses in downtown areas, allocated grants of up to $25,000 to help local enterprises launch, expand, and thrive. Among

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A lively downtown area in West Michigan with small businesses and community members enjoying the atmosphere.
Michigan Business News

West Michigan Businesses Receive State Grants for Growth

News Summary Over 20 businesses in West Michigan, including Leaping Panda Hobbies, have been awarded $25,000 grants through Michigan’s Match on Main program. This initiative aims to support local businesses with funding for expansion and improvements, fostering economic development in the region. By assisting businesses that contribute positively to their

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Vibrant community scene showcasing small businesses in Michigan.
Michigan Business News

Michigan Governor Announces $1.49 Million in Grants for Local Businesses

News Summary Michigan Governor Gretchen Whitmer has unveiled $1.49 million in grants for 63 local businesses under the state’s ‘Match on Main’ program. This initiative aims to support small businesses, foster job creation, and stimulate the local economy. The program, which has seen a record number of applicants this year,

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A view of a semiconductor manufacturing site with construction activity.
Michigan Business News

SanDisk Cancels $55 Billion Semiconductor Project in Michigan

News Summary The planned $55 billion semiconductor manufacturing facility by SanDisk in Mundy Township, Michigan, has been canceled due to significant uncertainty surrounding federal economic policies and tariffs. This decision, which was expected to generate up to 10,000 jobs in the region, has raised concerns about the local economy. Despite

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The Palisades Nuclear Power Plant nestled in a green landscape
Michigan Business News

Palisades Nuclear Power Plant Set to Restart Operations

News Summary The Palisades Nuclear Power Plant in Michigan is preparing to become the first U.S. nuclear facility to restart after being decommissioned, with the NRC granting approval for reactivation. The plant has been offline since May 2022, and Holtec International plans to conduct tests and maintenance to resume operations

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Drone delivering medical supplies over healthcare facility in Michigan
Michigan Business News

Michigan Allocates $2.55 Million for Drone Technology Growth

News Summary The Michigan Economic Development Corporation has awarded $2.55 million in state grants to enhance entrepreneurship and drone technology in northern Michigan. 20Fathoms receives $1.6 million to support early-stage companies, while Traverse Connect gains $949,000 to advance drone applications in healthcare. The funding aims to stimulate local economic growth

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Aerial view of Detroit showing urban development
Michigan Business News

Michigan Experiences Population Growth Amid Relocation Trends

News Summary Michigan is witnessing notable demographic shifts in 2025, with residents relocating mainly within the Midwest and a surprising influx into Detroit. U-Haul’s analysis indicates that summer moves account for a substantial portion of relocations, reflecting a rebound in population growth. Despite some out-migration, Detroit is seeing an increase

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Courtroom scene with legal documents and gavel
Michigan Breaking News

Michigan Supreme Court Allows $3 Million BetMGM Lawsuit to Proceed

News Summary The Michigan Supreme Court has ruled that Jacqueline Davis can continue her $3 million lawsuit against BetMGM over a disputed gambling win attributed to a software malfunction. Davis won nearly $3.3 million playing ‘Luck O’ The Roulette’, but her account was suspended due to a claimed technical error.

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A view of a cannabis dispensary in Michigan with products displayed.
Michigan Business News

Michigan’s Cannabis Market Faces Significant Slowdown

News Summary Michigan’s marijuana market is experiencing a downturn, with sales dropping by 4.2% statewide in June, following a period of growth since legalization. The average retail price for cannabis flower has plummeted by 70% from 2021 levels, contributing to intensified competition among over 850 businesses. Despite 76 new business

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Celebration at the Sheetz grand opening in Romulus, Michigan.
Michigan Business News

Sheetz to Open Second Michigan Store in Romulus

News Summary Sheetz is set to celebrate the grand opening of its second store in Michigan on July 22, 2025. Located at 29225 Smith Road in Romulus, the event will feature activities, including gift card drawings and a food drive. Sheetz aims to invest heavily in the Michigan market, planning

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