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DETROIT BUSINESS MAIN 11-13-06 a 1 CDB.Qxd DETROIT BUSINESS MAIN 11-13-06 A 1 CDB 11/10/2006 6:50 PM Page 1 ® http://www.crainsdetroit.com Vol. 22, No. 46 NOVEMBER 13 – 19, 2006 $1.50 a copy; $59 a year ©Entire contents copyright 2006 by Crain Communications Inc. All rights reserved THIS JUST IN Bizdom U. United Way campaign officially ends Wednesday United Way for Southeast- set to teach ern Michigan will officially end its campaign Wednes- day Nov. 15 with a victory celebration, but continue next gen to raise funds for the cam- paign through the end of February. To date, the Detroit- based agency which serves of startups Wayne, Oakland and Ma- comb counties, has BY SHEENA HARRISON brought in $39.7 million or CRAIN’S DETROIT BUSINESS 65 percent of its $61 million goal, said Beth Noble, vice Dan Gilbert believes entrepreneurism is president, resource devel- a profession best taught by entrepreneurs opment. — people who have experienced the suc- But many companies are cesses and failures of growing their own in the process of running companies. their campaigns and have Biz leaders In fact Gilbert, chairman and founder of yet to report their Livonia-based Quicken Loans/Rock Financial progress. Noble said the Inc., is so confident in agency believes it’s about want quick that idea, he’s putting up $800,000 shy of its goal. $10 million of his own Livingston County United action on SBT money to start Bizdom U., Way and Washtenaw United a two-year entrepreneur- Way are still wrapping up ial institute that he workplace campaigns. replacement hopes will generate As of Friday, the Liv- metro Detroit’s next ingston County agency had BY AMY LANE SETTING class of, well, Dan raised about $500,000 from CAPITOL CORRESPONDENT Gilberts. its drives in the county, PRIORITIES Gilbert “It comes down to cre- said Executive Director ANSING — Gov. Jennifer Last week, ation of wealth,” Gilbert Nancy Rosso, adding that it Granholm has gotten a new Crain’s asked Biz hopes said at a Crain’s roundtable discussion ear- L four-year job contract and readers to e-mail lier this month about his hopes for Bizdom’s will be several months be- from the start, businesspeople fore it finds out how much priorities for Gov. impact in metro Detroit. want to see results. Jennifer Granholm. its residents have designat- long-serving “We have to get the area Executives say Granholm and Here’s a sampling: INSIDE thinking that wealth is cre- ed for it in United Way dri- the now-split Legislature need to ■ Replace the SBT. Rock Financial, ated.” ves at their employers in act swiftly and decisively to enact Pronto. JA program As many as 20 students other counties, she said. Dems can starts training a new business-tax structure and ■ Get better advisers are expected to be selected As of Nov. 8, Washtenaw and act more even younger other measures to improve Michi- entrepreneurs. for the first class of Biz- United Way had raised decisively. gan’s economy. What business help state See Metro, dom, which starts in Jan- nearly $4.4 million or doesn’t want is gridlock. ■ Provide incentives Page 23. uary and will be located in about 55 percent of its $8 “The state’s economy can’t con- to help industries such leased classroom space on BY BRENT SNAVELY million goal, according to tinue to wait for results. We can’t as biotech and Wayne State University’s campus. For the alternative energy. CRAIN’S DETROIT BUSINESS its campaign update E- wait for the politicians in Lansing next two years, the students will each de- mail. to agree,” said John Bailey, presi- Excerpts from some of velop business plans for companies that the e-mails appear on hile some local business — Sherri Begin dent of Troy-based public-relations they will open in the city of Detroit. Pages 40 and 41. leaders are concerned Science Center to get firm John Bailey & Associates Inc. For more, see W about the Democrats’ Students will attend class 25 hours a “I think that now that she does crainsdetroit.com. broader business agenda, they are week and receive training from entrepre- $1M gift from U.S. Steel have one chamber in her corner, Click on “This Week’s optimistic that business issues af- neurs in practical subjects such as account- that the two of them ought to get Crain’s.” fecting Michigan will get more at- ing, business etiquette, ethics, customer United States Steel Corp. some things moving. But you’ve tention in Washington as the service and public speaking. is scheduled to announce a got to work with the three to make state’s congressional delegation Each student who completes the two- $1 million gift to the New NSIDE things happen.” I assumes more powerful roles. year program successfully will be eligible Detroit Science Center on Capitol Briefings: Gap Tuesday’s election retained Re- U.S. Rep. John Dingell, D-Dear- to receive an initial investment of at least Wednesday morning. between revenue, publican control of the state Sen- born, is in line to become the next $25,000 from Bizdom to start their business- The donation will help spending grows. ate but put Democrats in charge of Page 6. chairman of the House Energy and es. The graduates can receive an invest- fund a collection of new ex- the House of Representatives, giv- Commerce Committee and John ment of up to $500,000 for meeting mile- hibits which will be known Proposal 2 fallout: ing Granholm stronger negotiat- Some retool policies; Conyers, D-Detroit, is poised to be- stones within their businesses. as the “United States Steel ing power and a new ally. others get ready to come chairman of the House Judi- Bizdom will pay for students to live at Fun Factory,” said Kelly For business, the most urgent fight. Page 7. ciary Committee. The Towers, Wayne State’s newest resi- Fulford, director of public matter atop most lists is for College boards: “Having Mr. Conyers and Mr. dence hall, and the student’s meals. The in- relations and marketing at Granholm and lawmakers to find a Democratic sweep Dingell having such important po- stitute also will lend each of them a laptop the science center. puts Domino’s CEO off and Blackberry for their academic use. See This Just In, Page 2 UM board. Page 40. See SBT, Page 41 See Impact, Page 40 See Bizdom, Page 38 Cerenis to The $73 million New donors power $5.3B in receive record pennant, capital campaigns, Page 11; NEWSPAPER VC deal, Page 3 Page 3 Campaign list, Page 18 DETROIT BUSINESS MAIN 11-13-06 A 2 CDB 11/10/2006 6:51 PM Page 1 Page 2 CRAIN’S DETROIT BUSINESS November 13, 2006 expects to step down once a re- North America,” Cooper Stan- Triangle Development Vice Shores on Thursday was OK’d by THIS JUST IN placement is named in the first dard President and COO Ed Hasler President Pierre Nona said if ap- the planning commission, City quarter of 2007. said in a statement. proved, construction could start Council and zoning board. ■ From Page 1 The bank has increased its as- — Brent Snavely early next year. The first phase Robert Liggett, owner and chair- sets from about $2 billion when he would involve three buildings: a man of Big Boy Restaurants Interna- The Science Center expects to joined the company as president medical office, a retail/office tional L.L.C., bought the communi- open the exhibits to the public dur- in April 2001 to about $4 billion. Award program announced building and the parking deck. ty movie theater in 2004, said ing the North American International — Tom Henderson Nominations and applications — Anjali Fluker Bruce Ferguson, CFO of Liggett Auto Show in January, she said. are being accepted for Michigan Management L.L.C.. — Sherri Begin HUD gives $5.2M grant 50 Companies to Watch, an award Homes, sites to be auctioned Shores Theater was expected to program that recognizes fast- close Sunday to begin construc- Neumann Homes is selling 23 to Lutheran Social Services growing small businesses that tion, Ferguson said. New VP/GM for TV stations homes, 24 condominiums and 40 — Anjali Fluker Detroit-based Lutheran Social have passed the startup phase. Trey Fabacher on Friday was home sites in a large auction Nov. Services of Michigan last week won The program is sponsored by named vice president and general 19. According to the brochure a $5.2 million grant from the U.S. the Edward Lowe Foundation. Win- Novi bank sells stock manager of Detroit CBS affiliate ners will be recognized at a din- from Benj. E. Sherman & Sons Auc- Department of Housing and Urban tion Services Group, Warrenville., The Main Street Bank in WWJ-TV62 and CW network affili- Development. The grant will fund ner April 12 at the Kellogg Hotel Northville has begun selling $3.5 ate WKBD-TV50. The stations oper- and Conference Center in East Ill.-based Neumann plans to hold a 46-unit apartment building on the auction at the Somerset Inn in million worth of common stock to ate as a CBS-owned duopoly in the site of the now-closed Calvary Lansing. Troy. The homes are in 12 com- fund loan growth. Previously, the Southfield. Senior Center on Detroit’s east The deadline for nominations munities around metro Detroit. bank, founded in 2004, had raised Fabacher most recently was side. Lutheran Social Services is Nov. 17 and the deadline for ap- Opening bids begin at $150,000 for $15.5 million in several rounds.
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