Ann Arbor economic development officials are hoping that microloans can be an economic jump starter for entrepreneurs thirsting for cash. Local officials have pooled $1.5 million in funds for comparably tiny business loans designed to boost startup companies with few traditional financing routes. Skip Simms, Ann Arbor SPARK’s business acceleration ...
Economic development leaders and governmental officials are collaborating to provide access to $1.8 million in microloan funding for small businesses facing few traditional financing options. Ann Arbor SPARK and Washtenaw County are creating a fourth microloan fund for the region: the Eastern Washtenaw Micro Loan Fund, officials announced today. The ...