Michigan Affordability in Starting a Business

A new study ranks Michigan as the 13th least expensive state to start a business this year. With low LLC filing fees and reasonable commercial rent, the state offers an affordable environment for new businesses. However, rising costs like wages and corporate taxes can add up, with labor costs increasing by 3.8% and rent rising 3.2% over the past year. Despite these challenges, Michigan’s strong SBA lending and low regulation rates make it an attractive option for entrepreneurs.

Reporting for WGRT – JP bZet

EDA Holds Semi-Annual Meeting

At the Economic Development Alliance’s Semi-Annual meeting last week, over 150 attendees learned about St. Clair County’s strong ’24 economic growth, which saw 468 new jobs and $173.8 million in private investment. CEO Dan Casey highlighted the support provided to 220 businesses, not including small ones. Looking ahead, the EDA will focus on retaining businesses, boosting affordable housing, and strengthening local programs. Several companies were also honored for their contributions to local growth.

Reporting for WGRT – JP bZet

Yale Wrestling Historic Run

Yale’s wrestling team made history, reaching their first-ever MHSAA state final in Kalamazoo. Although they lost 74-0 to the eight-time champion Dundee, the Bulldogs’ journey was a major achievement. They finished the season with a 33-3 record, becoming the first Blue Water Area team since ’20 to make it to a state final. The Bulldogs fought hard in the semifinals, defeating Lakewood 43-25, with key victories from wrestlers like Cole McLaughlin and Logan Rhodes.

Reporting for WGRT – JP bZet

Rainbow Park Encampment Cleared

Sarnia Police confirmed that the Rainbow Park encampment was cleared on February 20th, with a 13-second drone video showing the cleanup. Police, city bylaw, and security teams worked to remove debris and property, following the voluntary vacating of the park. The move sparked debate online, with some criticizing the lengthy process and others urging for lasting solutions. Sarnia’s Chief Derek Davis emphasized the need for collaboration to address the city’s homelessness issues. Fencing will remain to prevent future encampments.

Reporting for WGRT – JP bZet

Employer-Assisted Housing Fund

The Michigan State Housing Development Authority, along with the Small Business Association of Michigan and the Grand Rapids Chamber, held a press conference on Monday to announce the launch of the Employer-Assisted Housing Fund. This new initiative aims to help Michigan businesses invest in local housing for their employees. The event highlighted how businesses can apply for funding, available on a first-come, first-served basis. The initiative aims to address Michigan’s housing shortage, supporting both workers and the community.

Reporting for WGRT – JP bZet

Croswell City Council

At the recent Croswell City Council meeting, City Administrator David Tait updated residents about a water main break caused by the cold weather. Crews have pinpointed the issue in a 12-inch pipe, with minimal disruption expected. Two homes will be without water, but they’ve been notified, and repairs are underway. Meanwhile, job openings for police chief, officers, and other city positions are still accepting applications. Tait is reviewing submissions to streamline the process.

Reporting for WGRT – JP bZet