News & Articles

How Venture North Fuels Small Business Savings Through Energy Efficiency Financing

“It’s a very simple message: you can save cash and we can help to make the investment painless.” — Laura Galbraith, Executive Director, Venture North How Venture North Fuels Small Business Savings Through Energy Efficiency Financing Every small business is spending money on energy costs; the real question is whether those dollars are all going […]

Bottling Business Success in Bellaire

Bringing Northern Michigan’s natural resources to consumers in an environmentally responsible manner is generating business success to a company in Antrim County. Nate Rook of Bellaire Water Co. is rapidly building his business by bottling high-quality water from an artisan well at the company, and handling the product in an environmentally responsible manner by offering […]

Radio Centre, East Bay Plaza Net Energy Savings

Office buildings and shopping centers use large amounts of energy – but also represent major opportunities for energy saving measures. Venture North recently approved two more loans from its Energy Efficiency Loan Fund with Traverse City Light and Power Co. for Radio Centre in downtown Traverse City, and the East Bay Plaza Shopping Center along […]

Pangea’s Pizza Plans Major Expansion

Chris Mohrhardt bought Pangea’s Pizza in downtown Traverse City to complement the operations at his popular Incredible Mo’s family entertainment center and restaurant south of town. Now Mohrhardt is tapping a $100,000 business expansion loan from Venture North to help fund a major expansion project at Pangea’s that’s scheduled to open next summer. The funds […]

Hague Equipment Expand Exploration Work

One of the great stories in U.S. business is the resurgence of the domestic oil and gas industry and its role in creating more energy independence in the country. Venture North is helping one local company increase its oil and gas exploration efforts as part of the trend. Hague Equipment Co. of Michigan Inc. and […]

Thimbleberry Kids Adds Operational Tools

Lee Perry purchased Thimbleberry Kids – a children’s and infant clothing and accessory re-sale shop in Traverse City – two years ago. With the help of Venture North, she’s planning to significantly raise her businesses’ profile. Perry’s $35,000 loan from Venture North’s USDA fund will be used for a variety of steps to heighten visibility […]

Bergs Drill for Business Growth

Northern Michigan’s growing economy means new homes and commercial buildings going up across the region. Many of those structures – especially in rural areas – need water service – and that’s where Berg Well Drilling steps in. Doyle Berg is a third generation owner of the business, who recently secured two Venture North loans totaling […]

45th Parallel Lighting Heads for Phase Two

It’s also the second time Dakota Porter and his brother, Garrett, have turned to Venture North to support their business. They received a $2,500 Sub Micro Loan in Fall 2013, to help launch their business. Their latest financing will help them continue to expand and market their growing product line. Dakota said the “second generation” […]

Local Resort Reduces Energy Costs

This Energy Efficiency Revolving Loan Fund is available to TCL&P commercial and industrial customers to make their businesses more energy efficient by investing in infrastructure upgrades. Applicants complete a pre-qualification application through Venture North’s website and a Loan Review Committee will scores applications based on criteria that includes proven reduction of electric demand at peak […]