The Next Idea

West Michigan organization turns to microlending to boost minority-owned business


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The Next Idea Among small business owners in Michigan, access to capital remains one of the most significant challenges, especially for people in underserved communities. This seems to be true even in places with improving economies, like West Michigan. The area has seen a strong post-recession recovery in recent years, and ranks highly in the prevalence of investors. WalletHub named Grand Rapids #2 in its 2016 rankings of “Best Large Cities to Start a Business,” yet it was ranked 43rd out of
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The Next IdeaBy Mark Brush