Northern Michigan Angels (NMA) is driving Traverse City’s evolution as an epicenter for technology, innovation and entrepreneurship. The angel investing group formed in 2012, with the mission of helping to “grow the economic base of the northern Michigan region through investment in scalable early stage companies,...
Two senior living facilities in Traverse City are turning the page on a fresh start. The properties, owned by local real estate developer Bill Clous, have operated for the past five years as Traverse Victorian Senior Living and Water’s Edge Senior Care, respectively. Clous still owns...
Is blockchain poised to change the world of banking and finance? According to most industry experts, the answer is yes – but with a caveat. In all likelihood, blockchain technology will eventually bring huge changes to the banking industry. How long it takes to reach that...
Satellites, spaceports, and heat-treated aircraft parts: these are a few elements of Traverse City’s growing aerospace industry. Up until a couple years ago, no one would have mentioned “Traverse City” and “space technology” in the same breath. Now, northern Michigan is a growing epicenter for activity,...
Traverse City is a known major destination for tourists, but what about business groups? In recent years, more meeting planners and associations have been looking at Traverse City for their annual meetings, conferences, trade shows, seminars or events. Local hotels and resorts like the Grand...
If you’ve been in a brewpub or craft beer bar in the past few years, chances are you’ve seen a least a few barrel-aged beers on the menu. Barrel aging is a growing niche in the beer world, spurred forth in part by Michigan’s own Founders...
Local entrepreneur Sebastian Garbsch got the idea for his latest startup business in the least likely of places: an airport bathroom. As Garbsch recalls it, he was catching a connecting flight at O’Hare International Airport in Chicago about six years ago. While washing his hands in...
What is northern Michigan’s most valuable asset? According to Kevin Query, of local commercial real estate company Three West, the answer might just be farmland. There are many reasons that Michigan’s arable land is so inherently valuable. Statistically, Michigan’s fruit-producing regions – including the Traverse City...
Not so long ago, the idea of robotic surgery would have seemed alien. Today, though, there are two robotic surgical machines right here in Traverse City, and Munson Medical Center wants to add a third. The da Vinci Surgical System is a $2 million piece of...
According to data from Thomson Reuters, mergers and acquisitions (M&A) hit an all-time global high during the first half of 2018 at $2.5 trillion. The United States alone tallied $1.03 trillion. Northern Michigan has had its own trend this past year. The Grand Traverse area has...
