Get ready to hear a lot about Venture North, the Chamber’s sister economic development division under TraverseCONNECT. Venture North was created through the recent merger of the Chamber Foundation and the Traverse Bay Economic Development Corp. with $5 million in business lending resources. Led by Executive Director Laura Galbraith, Venture North is administering close to $2 million in business loans to more than 30 local businesses, with some major new transactions to be announced shortly.
Venture North will be launching its own monthly newsletter in the coming weeks. It will provide updates on financing available to the region’s business community through Venture North, along with news on the latest loan deals, business development programs and seminars and related topics. Watch for more information.