©2016 Michigan Economic Development Corporation
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.
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:
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.
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.
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.
October 12, 2016, the MEDC hosted the annual meeting of Corporate and
Interlocal Partners. The goal of the
meeting was to update partners on MEDC programs and initiatives. Presentations and handouts from the meeting
are available through the links below.
Doug Rothwell, chair of the MEDC Executive Committee, and Steve Arwood,
MEDC President & CEO, welcome partner input on MEDC strategic direction and
Presentations, handouts and contact information for
MEDC leadership participating in the annual meeting:
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.
View a larger CDC map image
View a list of CDC contact information
View notes and materials from recent CDC meetings.
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.
Visit the SBDC website to contact an office in your region
Guide to Starting and Operating a Small Business
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 SmartZone details and contact information
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.
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.
Visit the NextEnergy website for more information
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.
Visit the MMTC website for more information
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.
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.
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.
300 N. Washington Sq., Lansing, MI 48913