©2016 Michigan Economic Development Corporation

About MEDC

S2Games 800_2

Partners

  • The MEDC partners with businesses and organizations across the state who engage in a variety of activities, including financing, matchmaking, site selection, resources for companies and assisting entrepreneurs.

  • Regional and Local Development Partners

    The Michigan Economic Development Corporation (MEDC) enlists the help of regional economic development partners to expand and attract businesses. These partners engage in a variety of activities, including grant financing, matchmaking and networking, site selection assistance, providing resources to companies, and assisting entrepreneurial endeavors. These partners help to drive economic growth in regions throughout the state, from large metropolitan to rural towns. In addition to serving in an advisory role to MEDC in policy and procedure, these partners also help to retain, attract and grow business in local communities.

    The MEDC cooperates with two types of formal economic development partnerships: 

    INTERLOCAL PARTNERSHIPS

    An Interlocal Agreement is a formal agreement between public agencies to jointly exercise powers. These agreements enable public agencies to work together to provide services, share resources and reach a common goal they may be unable to reach separately. Interlocal Agreements are authorized by the Michigan Constitution and the Urban Cooperation Act of 1967. The MEDC was created through an Interlocal Agreement between the Michigan Strategic Fund and public agencies across Michigan.

    Review the Amended and Restated Interlocal Agreement between the Michigan Strategic Fund and participating public agencies. See the listing of MEDC's Interlocal Partners.

    CORPORATE PARTNERSHIPS

    The MEDC recognizes and appreciates that there are numerous other types of economic development agencies that also work very closely in partnership with the MEDC. These partners include various local agencies, utilities, and non-profit economic development organizations. To recognize these partnerships, the Corporate Partnership agreement was developed, which states that both entities will cooperate and assist each other in implementing economic development strategies that promote economic growth. See the listing of MEDC's Corporate Partners.

    OTHER REGIONAL AND LOCAL ECONOMIC DEVELOPMENT PARTNERS

    There are other county and city organizations, as well as Chambers of Commerce, that function in the role of economic development in a particular region. These champions of economic growth work regionally to expand and attract business.

  • Collaborative Development Council

    In 2011, Governor Snyder challenged the MEDC to develop strategies to engage in regional collaboration among economic and community development organizations. Ten regions were formed and defined by local partners in an effort to align state service providers. Local and regional economic development agencies had already been working in concert with others in multi-county areas and had long been requesting state support for regional efforts and activities.

    The MEDC convened a Collaborative Development Council (CDC), comprised of economic development practitioners around the state. The CDC meets monthly to discuss policy, strategic direction and provide programmatic input. The CDC has 18 members, each representing regions through the state, as well as the Michigan Economic Developers Association. The goal of this alignment is to streamline services from statewide agencies; improve customer service to communities and businesses; coordinate information sharing and resources among community and business development professionals; maximize under-utilized resources; and encourage new regional initiatives.

    Initiatives
    • SALESFORCE SUPPORT: To support collaboration between local and regional economic development agencies, the MEDC has created a statewide data sharing network based upon Salesforce.com. The MEDC’s Salesforce system connects with existing regional Salesforce systems and works with regions to develop a standard Salesforce configuration that can be used by many local and regional agencies. MEDC has committed to reimbursement of licenses and has funded the implementation of regional systems.
    • STAFF DEPLOYMENT: The MEDC has championed the regionalization effort by realigning Michigan Retention and Growth, Community Assistance, Export Strategy and Development Finance teams by region. In addition, MEDC has worked closely with cooperative agencies in their realignment to 10 regions, including the Small Business Technology and Development Center (SBTDC), Michigan Manufacturing Technology Center (MMTC), Michigan Department of Transportation, Michigan State Housing Development Authority (MSHDA), Michigan Department of Environmental Quality (MDEQ) and Michigan Department of Agriculture and Rural Development (MDARD). MEDC’s Business Development Managers, the team which focuses on business retention and growth, are now “hoteled” in regional economic development organizations throughout the state, working alongside our CDC members and their staff.
    • REGIONAL CDC GRANTS: Since 2012, the MEDC has provided grants to support regional projects, as well as assist with the costs related to acting as lead convener and communicator within the region.
  • Michigan Small Business Development Center

    The Michigan Small Business Development Center (SBDC) offers Michigan’s most comprehensive entrepreneur and small business development program. They provide counseling, training, research and advocacy for new ventures, existing small businesses, and innovative technology companies, including technology counselors to provide more in-depth support and a roadmapping tool that helps clients evaluate the direction of their technology, departmentalize concepts, and chart strategic direction.

    As an initiative of the Small Business Administration, the SBDC is a federal, state and local collaboration designed to develop entrepreneurial talent and support the start-up and growth of new ventures in Michigan.

    The SBDC has 12 regional centers and over 30 locations throughout Michigan to serve entrepreneurs statewide, offering training workshops, one-on-one counseling and market research tools at no or low cost. State funded programs include delivering the Kauffman FastTrac series statewide and specialized technology road mapping and commercialization counselors with the expertise to assist in securing equity financing. The Guide to Starting a Small Business is also available for review.

  • Michigan SmartZone Network

    The Michigan SmartZoneSM Network - an innovative, statewide, technology business acceleration strategy to build entrepreneurial talent and infrastructure, is home to 15 SmartZones in distinct geographical locations, each anchored by an academic institution and supported by the local communities. Technology-based firms, entrepreneurs and researchers are clustered and connected to the collective assets of the region and benefit from the collaborative relationships among universities, industry, and government to commercialize novel technologies.

    Michigan’s 15 SmartZones, each unique to their regional needs, include technology business accelerators and incubators that provide the critical entrepreneurial and commercialization support services essential to growing start-up ventures. From clean rooms and wet lab space, to product development guidance, coaching for business plan pitches and access to seed capital, the Michigan SmartZone network is the framework around which the state’s entrepreneurial and innovation ecosystem has blossomed.

  • Michigan Economic Development Foundation (MEDF)

    The mission of the MEDF is to promote economic development efforts in Michigan that create private investments and increase jobs and wages. We also support events that enhance business retention and attraction efforts. The MEDF strives to increase national and international awareness of Michigan’s positive business climate including tax policy, regulatory reform business development incentives, and other measures. 

    Click here for the 2016 MEDF Annual Report. 

    MEDF Annual Report
  • NextEnergy

    NextEnergy, a statewide accelerator of alternative energy technologies, provides technology assessments, management and financial consulting services, access to demonstration and lab facilities, workshops, and matchmaking to alternative energy assets, suppliers and customers. Whatever you need in the alternative energy field, NextEnergy can advance your project or to connect you to the resources you need to succeed.

    Whether you are an inventor with an idea, a federal agency with a problem, a manufacturer trying to capitalize on the growing alternative energy sector, or a professional interested in the emerging alternative energy industry – NextEnergy can provide an array of services and resources.

    NextEnergy

    Visit the NextEnergy website for more information

  • Michigan Manufacturing Technology Center

    Michigan Manufacturing Technology Centers provide Michigan’s small and medium sized manufacturers and food processors with operational assessment, process improvement training, mentoring services, website technical assistance and market diversification tactics.

    MMTC is the Michigan affiliate of federal Hollings Manufacturing Extension Partnership through the National Institute of Standards and Technology.

    Michigan-Manufacturing-Technology-Center

    Visit the MMTC website for more information

  • Michigan Procurement Technical Assistance Centers

    Procurement Technical Assistance Centers (PTACs) and MEDC Procurement Offices are the front line in Michigan’s efforts to bring defense contracts to Michigan companies. Our procurement specialists partner with Michigan companies to demystify government contracting, orient those unfamiliar with the process and help companies obtain and perform on federal, state and local contracts.

    About the Michigan Defense Center

    The Michigan Defense Center is the arm within MEDC that strategically connects defense buyers and prime contractors with Michigan’s capable supply chain. With the goal of creating jobs by bringing more defense contracts to the state, the Defense Center aggressively seeks and identifies Michigan companies to create supply chains, leveraging their unique capabilities to meet defense goals.

  • Colleges and Universities

    Michigan is synonymous with educational excellence

    Michigan’s network of 15 public universities, more than 50 independent universities and colleges and 28 community colleges provides a deep well of potential employees and research know-how. Thanks to the magnetic pull of our excellent universities, companies in diverse industry sectors like alternative energy, automotive R&D, life sciences and homeland security and defense are locating and growing in communities across the state.