Michigan Economic Development Corporation (MEDC) works to increase the availability of capital for companies in Michigan at every stage of company development. MEDC can help connect your business with capital providers - federal grants, venture capitalists, banks, and others - as well as offer programs that can expand the reach of those capital providers.
Nearly everyone who has ever started a business has underestimated the costs, and then faced the danger of running with inadequate capital reserves. The key to avoiding this pitfall is to adopt a rigorous approach to your research and planning. The SCORE Startup Expenses worksheet will lead you through the process.