News & Articles

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 […]

USDA Expands Venture North Support

The USDA funds are in the form of a one percent loan with a 30-year payback period. To receive the USDA funding, Venture North will make an additional commitment of $54,000 from existing funds. Venture North also receives support from other organizations including Consumers Energy. “We’re extremely grateful to the USDA for its ongoing support […]

Consumers/DTE Energy Boost Venture North

Contributions from the Consumers Energy Foundation and DTE Energy Foundation totaling $120,000 toward operations at Venture North Funding & Development were presented at the organization’s recent annual meeting. Representatives of the Consumers Energy Foundation announced a $30,000 annual commitment to Venture North for each of the next three years, while DTE Energy Foundation officials also […]

Keeping Kids Bodies Busy

Garms said while there are numerous outdoor play sites for children locally when the weather is good. But those options are much more limited during inclement weather or over our winters. “There are a lot of outdoor places around here,” Garms said. “But when it rains or snows, it shuts a lot of those places […]

Consumers Energy Foundation Grant Strengthens 5toONE

A first-of-its-kind early childhood development network that continues to expand across the 5-county region received another major boost from the Consumers Energy Foundation. David Mengebier, Senior Vice President of Consumers Energy and President of the Consumers Energy Foundation, recently presented the Great Start Collaborative Traverse Bay a $60,000 to support continued implementation of its 5toONE […]

Beverage Company Secures Energy Loan

A $31,430 Energy Efficiency Loan from Venture North and Traverse Light and Power Co. will help the Doblers make several energy saving upgrades throughout their store, located at 1116 Carver Street in Traverse City. Specifically, new high-efficiency LED lighting will be installed throughout the store, new refrigeration coils are being installed in the stores coolers […]

Venture North Makes First Missaukee Loan

The first business loan in Missaukee County from Venture North Funding & Development is helping a local automotive service garage start and grow its operation. A $30,000 loan from Venture North’s Working Capital Fund to 1st Chance Garage LLC south of Lake City helped launch the business in late November. Venture North is a regional […]