Greater Grand Rapids Business Climate
The right business climate can help turn big ideas into big profits. From creative incentives to affordable real estate and trade networks, Greater Grand Rapids supports every aspect of your business venture. The Right Place works with public-sector partners to tailor high-impact incentive packages that include financing, local tax incentives, and workforce development.
Greater Grand Rapids is home to a sophisticated financial and investment network that is eager to foster growth in emerging industries. This network includes such public/private initiatives as the 21st Century Job Fund and the Venture Michigan Fund, both of which make significant investments statewide. In addition, our local government is business friendly and supportive of public policy that encourages capital investment and infrastructure improvement.
Adding to our positive business climate is Greater Grand Rapids’ longstanding tradition of innovation. For decades, we have demonstrated an uncanny ability to create and commercialize new ideas, beginning in lumber and residential future and now seen in knowledge-based industries such as life sciences. Many of our businesses have made public commitments to the concept of sustainability, and our city government employs a full-time Sustainability manager. This region-wide focus makes Greater Grand Rapids an excellent choice for companies employing emerging processes such as industrial biotechnology and green chemistry.
- 4th in regional ratio of knowledge intensity
- 3rd in automotive and mechanical engineering employment sectors per 1,000
- 4th in higher education expenditures per capita
- 7th in research and development expenditures per capita
- 10th in primary and secondary education expenditures per capita
- 16th in patents registered per capita
- 30th in biotechnology and science employment per 1,000
- More square footage per capita under LEED certification than any other U.S. city
- Leading companies committed to sustainable business practices: Herman Miller, Haworth, Cascade Engineering, Steelcase, and others
- Michigan Alternative and Renewable Energy Center, a research and business incubator
- First post-secondary school in U.S. to offer degree in Sustainability (Aquinas College)

