-
.jpg)
Thursday, June 17, 2021U.S. is the Top Foreign Investment Destination Again!
Global expansion into new markets is the key growth strategy for most companies around the world. Since the start of the pandemic, understanding the factors that influence where and how to invest in a foreign market has never been more critical.Where to Invest According to The 2021 Kearney FDI Confidence Index (Index), global investors remain cautious following the changes to the world economy in 2020 even as vaccines bring some prediction of global economic growth in 2021. Caution by investors is
Thursday, June 17, 2021Brand Application: Détroit Is The New Black. Accelerator Powered by PMBC
Get your brand on Woodward inside Detroit is the New Black! Every two months new brands/makers will be selected to participate in the program. This program is ideal for growing makers who could benefit from testing in a brick-and-mortar space in the downtown Detroit retail market, which has been in business for more than one year. In the end, each retailer will walk away with mentorship for sales training, merchandising and product marketing, actual revenue from their product, and facilitated
Tuesday, June 15, 2021MEDC Partners with Invest Detroit on Small Business Loan Program
MEDC’s Capital Access Program has partnered with Invest Detroit to offer small business loans to businesses across 10 Detroit neighborhoods. The program will provide a guarantee on up to 25 percent of small business loans made by Invest Detroit over the next three years, up to $10 million in lending. Loans generally range from $50,000 to $500,000 and borrowers need to have 2-50 employees and an annual revenue of $3 million or less to qualify. Loan proceeds can be used for working capital, acquisition of
Tuesday, June 15, 2021North America's First Industry 4.0 Accelerator Creates Global Opportunity, Success from Michigan
Industry 4.0, or the Fourth Industrial Revolution, is defined as the convergence of digital and physical technologies—or digitization—within the manufacturing sector and is a collection of six emerging technology sectors including connected factory, data analytics, modeling, augmented and virtual reality, additive manufacturing, advanced robotics and cybersecurity. In order for Michigan to remain competitive—and successful—it must be the most advanced and productive in manufacturing by positioning its
Tuesday, June 08, 2021US Department of Commerce organizes several Trade Missions to South America and Webinar series
Cyber Security Business Development Mission to South America This mission aims to introduce U.S. firms and trade associations to some of South America's most rapidly growing information and communication technology (ICT), security, and critical infrastructure protection markets. It will assist U.S. companies in finding business partners to which they may export their products and services to the region.Dates: October 18-25, 2021Register hereU.S. Environmental Technologies Trade Mission to Latin
Tuesday, June 08, 2021River Rouge Retirement as part of DTE Clean Energy commitment
On June 4th, DTE formally retired the River Rouge coal-fired power plant. The facility was constructed on 100 acres on the banks of the Detroit River in the city of River Rouge and began operations in 1956. The coal plant went into commercial operation in 1958 with two generating units of 260 megawatts each and a third at 320 megawatts. At the time, these generating units were the largest in the world. On May 31, 2021, River Rouge supplied its final megawatt of power. The closure of the River Rouge
Friday, June 04, 2021Celebrating Ainu Heritage: University of Michigan Museum of Art
Artwork Title: Ikupasuy (Prayer Stick) Artist: unrecorded Ainu artist Late 19th century–early 20th century, wood, Gift of Mrs. Caroline J. Plumer, 1991/1.79 The Ainu are an indigenous minority group who are native to Hokkaidō, the northernmost island of Japan, as well as a few Russian territories. During the Meiji Period (1868-1912), as Japan spread and modernized, the Japanese government stripped them of their land and culture, so much so that it even became illegal for the Ainu to speak in their
Friday, June 04, 2021GM Partners with APACC to support AAPI Small Businesses
General Motors is partnering with the Asian Pacific American Chamber of Commerce to support the Asian American Pacific Islander small business community by helping up to 100 AAPI-owned small businesses and individual professionals gain access to APACC membership, resources, and programming. “This partnership delivers upon GM’s efforts to foster the growth and sustainability of diverse small businesses,” said Reginald E. Humphrey, Director, DEI Partnerships at General Motors. “Supporting local business with
.jpg)
Thursday, June 03, 2021International Impacts of President Biden’s Tax Proposals
On May 28, 2021, the U.S. Treasury released its Fiscal Year 2022 explanation of the various proposals included in President Biden’s “Made in America” tax plan, known as the Green Book. While far from being finalized, here is an outline of proposed changes within the proposal impacting international businesses the most.InternationalGILTI tax rate – The proposal increases the tax rate on GILTI from the current 10.5% to 21% and eliminates the exemption from GILTI of a net deemed tangible income return,
.jpg)
Thursday, June 03, 2021Treasury Green Book Offers Look into Biden’s Tax Proposals
Right before the Memorial Day weekend, the U.S. Treasury released its Fiscal Year 2022 explanation of the various proposals included in President Biden’s “Made in America” tax plan. Legislation has yet to be drafted and the proposal and details of the provisions included in what’s known as the Green Book are likely to change during the legislative negotiations. With so many questions resulting from the release, here is an overview of some of the tax proposals.Corporate TaxationIncrease the corporate tax
Monday, May 24, 2021Toyota, Honda, General Motors finish 1-2-3 in annual Working Relations Study
DETROIT, May 24, 2021 /PRNewswire/ -- Results of the 21st annual North American Automotive OEM - Supplier Working Relations Index® (WRI®) Study released today by Plante Moran show that in spite of the serious challenges facing automakers and their suppliers this past year, four of the six major U.S. and Japanese automakers improved their scores. Two automakers worsened. The top three scorers again this year on the WRI® graph were Toyota at 347 and Honda at 316 who gained only two and six points
Monday, May 24, 2021Small Business Support Resources by MEDC: MEDC.Initiate portal
Small businesses across the state now have access to new tools and resources to help them launch and grow in Michigan, including an online small business learning platform called Initiate. The Initiate resource portal covers topics such as money, marketing, management, and COVID-19 resiliency resources. To best position our business community to access these tools, the MEDC is partnering with small business support organizations to work one-on-one with businesses at the local level. Through a “Train the
.jpg)
Thursday, May 20, 2021Retirement and Cash Flow: A Tale of Two Necessities
People throughout the world are dealing with many uncertainties as they learn how to pivot in the face of the pandemic. But one thing at the top of many minds is retirement. It comes fast, and with people living longer than ever many are nervous about whether their cash flow will meet their needs, or whether they will outlive it altogether. Planning early is the best thing you can do to make sure you have the resources you need during your golden years. Retiring is so much more than simply not working.
Wednesday, May 19, 2021All-in-One Approach Expands What Mendix Makers Can Accomplish
VIRTUAL GLOBAL EVENT – MENDIX WORLD – SEPTEMBER 1, 2020 Mendix, a Siemens business and global leader in low-code application development for the enterprise, today announced the launch of its expanded all-in-one low-code platform. This extends the reach of low-code into new domains, empowering developers of all skill sets to solve an ever-increasing set of business problems. Mendix all-in-one low-code platform builds on its core foundation of model-driven development, enhanced both by product innovation and
Friday, May 14, 2021Confronting COVID-19-Related Harassment of Asian American and Pacific Islander Students in Schools/ A Resource for Families
The U.S. Department of Education and U.S. Department of Justice issued Confronting COVID-19-Related Harassment in Schools, a resource for students and families, to share information about schools’ obligation to investigate and address discrimination, including harassment, targeting students because of their race or national origin. The fact sheet responds to a recent increase in discrimination, including harassment and violence, directed at Asian American and Pacific Islander (AAPI) individuals, including
Monday, May 03, 2021Restaurant Revitalization Fund Webinar Tuesdays & Thursdays
The Small Business Administration’s Vermont District Office is hosting a free webinar at 9 a.m. Tuesdays and Thursdays about the Restaurant Revitalization Fund. RRF is a federal grant program that will provide restaurants with funding equal to pandemic-related revenue loss up to $10 million. Topics will include an overview of the program, eligibility and the application process. To access the webinar, click here. (Direct link: http://ow.ly/YFWn50EswnL) To access the webinar by phone, call 202-765-1264
Tuesday, April 27, 2021Detroit Health System Partners with Tech Companies to Tackle Digital Exclusion and Inequities in Healthcare
Henry Ford Health System launches International Competition to Create Solutions and address the digital/healthcare divide for Detroiters with sponsorship from Google Cloud and Miracle Software Systems.DETROIT (April 27, 2021) – Henry Ford Innovations, in partnership with Google Cloud and Miracle Software Systems, will launch an international competition hosted in Detroit, inviting entrepreneurs to propose their top ideas for reducing health inequities through the use of digital technology. Henry Ford
Thursday, April 22, 2021Michigan: Building the Future of Mobility and Electrification
For more than a century, Michigan has been known globally as the place where automotive technology is developed, built, and refined, and where skilled workers can count on earning a good living. Automotive innovation has helped Michigan’s economy grow and thrive, and today, a new generation of innovators across the state is helping to define the future of transportation around the world. As the world of automotive mobility and electrification continues to grow and develop, investments in manufacturing,
Friday, March 05, 2021MichBusiness Virtual Team Bonding Resource Guide
MichBusiness has always been a platform for dialog, education and employee engagement tools. This guide was created to help executive leadership and organizations with virtual team bonding activities for employees to help amplify a healthy and uplifting culture through these unprecedented times.Internal Best Practices and Policies25/45 Meetings Let meeting times to either be 25 minutes or 45 minutes depending on the importance of the conversation. CEO Q&A Coffee Hour During uncertain times, many
Monday, June 29, 2020ICONMA's COVID-19 Medical Screening Service Helps Companies Get a Safe Start
In an effort to keep the communities of our clients and employees safe, ICONMA recently launched our COVID-19 Medical Screening Service. With the protection of our client's workforce top of mind, our newest service offering will allow for a secure work environment as many companies begin to resume onsite activities. ICONMA's COVID-19 Medical Screeners perform temperature readings, conduct questionnaires, and make pass/fail determinations of all individuals who are screened for COVID-19. With
