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Area improves for entrepreneurs

12:25 PM, Jun 24, 2013   |    comments
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GRAND RAPIDS (WZZM) - Entrepreneurs should be getting a boost in West Michigan.

According to a 2013 climate report from the Grand Valley State Unversity Seidman College of Business and Center for Entrepreneurship and Innovation, the culture for entrepreneurship has improved in West Michigan. 

"The culture has improved and changed for entrepreneurship," said Paul Isely, professor of economics, and one of the authors of the report. "We are now embracing entrepreneurship as a goal. That wasn't the case four years ago. This change in culture means another improvement, which is we're attracting more capital to West Michigan and there is more access to venture capital and more professionally controlled venture capital."

Isely added that while the availability of capital and the business climate has improved, a better job needs to be done educating the workforce and retaining young workers.

 

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