UTILITY unveils pilot carbon-offset plan.
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FEB 8, 2021 VOL. 39, NO. 3
The Business Newspaper of Metro Grand Rapids, Holland, Muskegon & West Michigan
THIS WEEK
CREATING LEADERS WORTH FOLLOWING
Leading by DESIGN partner Elizabeth Rolinski spends a year working with executives from top West Michigan corporations. Page 13
All in Legal online sports betting and gambling takes off during first weeks in Michigan. PAGE 3
Filling a need Black-owned design and manufacturing company makes protective cases for cellphone accessories. PAGE 4
SAFETY FIRST Construction company logs more than 5,000 days without time lost to injury. Page 7
THE LISTS
The area’s top general contractors. Page 8 The area’s top specialty contractors. Page 9
Employers granted $11.4M in Going PRO funds Awards will provide training opportunities for thousands of workers in a sevencounty region. Rachel Watson
rwatson@grbj.com
The Michigan Department of Labor and Economic Opportunity (LEO) last month unveiled its Going PRO Talent Fund awards for fiscal year 2021, and employers in West Michigan will receive nearly a third of the total sum. Since the program’s launch in 2014, over 3,000 Michigan businesses have received Going PRO awards to assist in training, developing and retaining newly hired and current employees. Training must fill a demonstrated talent need experienced by the employer and lead to a credential for a skill that is transferable and recognized by industry. This year, employers in the
West Michigan region of Allegan, Barry, Ionia, Kent, Montcalm, Muskegon and Ottawa counties have been awarded $11,414,508 in training funds. Statewide, $39,016,692 was awarded to 850 Michigan businesses. West Michigan Works! is working to notify 283 employers receiving $12,047,230 — which includes awards going to a few out-of-region companies that West Michigan Works! administered grants for — that their applications are being funded in amounts ranging from $1,500 to $498,284. As of Jan. 22, four applications totaling $240,494 were pending. “The availability of training grants in 2021 is more important than ever before,” said Amy Lebednick, director of business solutions for West Michigan Works!. “The COVID-19 pandemic has made an existing shortage of workers more acute, as we’re seeing low numbers of individuals looking to enter the workforce. The state of Michigan’s (Going PRO) investment will allow our employers to invest in workers, allowing them to contin-
ue operations and fill vacancies.” Gov. Gretchen Whitmer said the state’s investment in its businesses and training workers will be part of what leads to a strong economic recovery. “Programs like the Going PRO Talent Fund allow us to put Michiganders on the path to good paying Whitmer jobs while helping Michigan employers develop the critical talent they need to compete in the global economy,” she said. The Going PRO Talent Fund has supported more than 94,000 workers with training over the years, including new hires and current workers. “With 545,000 professional trades job openings expected through the year 2026, this fund plays a vital role in helping Michigan employers meet their talent needs by investing in homegrown
workers,” said Susan Corbin, acting director of LEO. LEO makes Going PRO Talent Fund awards to employers through Michigan Works! agencies. Participating employers play an integral role in defining their key training needs, then work with the local agencies and other partners to develop appropriate, realistic training plans. Jacob Maas, CEO of West Michigan Works!, said the agency is grateful to Whitmer, state legislators and area chambers of commerce for their work in advocating to restore the funding, which had been cut in the fiscal year 2020 state budget. Maas “Since the inception of the program, the average annual earnings of trainees have increased by CONTINUED ON PAGE 18
Transformation fund approaches $10M Grand Rapids venture fund prepares to make first investments in companies owned by people of color. Rachel Watson
rwatson@grbj.com
One year after it was announced, the New Community Transformation Fund has secured $8.5 million from stakeholders looking to invest in Grand Rapids-area companies owned by people of color and is on its way to hitting the $10 million mark. The venture fund NCTF, announced by The Right Place on Jan. 23, 2020, is aimed at boosting businesses owned by people of color in West Michigan, and it is nearing the first organizational
Organizers, from left, Skot Welch, Birgit Klohs, Garrick Rochow, Renee Tabben and Kwame Anku. Courtesy of The Right Place
milestone of raising $10 million, thanks to an investment of an undisclosed amount from Bank of America announced Jan. 26. The $10 million figure is im-
portant, NCTF said, as it is the amount of capital raise necessary for the fund to make its first investments in businesses owned by people of color.
GRBJ.COM Vol. 39, No. 3 $2.00 a copy. $59 a year © Entire contents copyright 2021 by Gemini Media. All rights reserved.
Inside Track ...... 13 Guest Columns.. 16 When to terminate
GRAND HAVEN ordinance encourages new housing developments.
Change-Ups ..... 20 Calendar .......... 20 Public Record .... 21 Street Talk ...... 22
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First-year highlights The first-year investments and general updates on NCTF’s activities were highlighted to NCTF investors and the media during a Zoom call on Jan. 26. Successes shared on the call included: •Securing $8.5 million in committed investments •Obtaining a “substantial” Bank of America investment, in addition to the bank’s contribution of $200,000 in seed funding provided in 2020 •Securing $1 million investments from Spectrum Health Ventures, Mercantile Bank and the Consumers Energy Foundation, which also provided $200,000 in seed money in 2020 •Securing $100,000 in seed money from DTE The fund hopes to hit the following goals in 2021: CONTINUED ON PAGE 18