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  1. About MEDC
  2. Michigan Strategic Fund

Michigan Strategic Fund

The Michigan Strategic Fund (MSF) was created by P.A. 270 of 1984 and has broad authority to promote economic development and create jobs.

MSF Board

Governor Snyder signed Executive Order 2012-9 on June 26, 2012 abolishing the MEGA Board and transferring the various responsibilities of the MEGA to the Michigan Strategic Fund effective August 25, 2012. The MSF board has the following responsibilities: 

  • Approve grants and loans under the Michigan Business Development Program;
  • Approve grants and loans under the Michigan Community Revitalization Program;
  • Approve the use of Private Activity Revenue Bonds;
  • Authorize the submittal by local units of government of Community Development Block Grant applications;
  • Recommend to the State Administrative Board Agricultural Processing, Renewable Energy and Forest Products Processing Renaissance Zone designations;
  • Approve Tool and Die Renaissance Recovery Zones; and
  • Act as the fiduciary agent with respect to the 21st Century Jobs Fund investments;
  • Pursuant to statute, the Chief Compliance Officer provides advice and guidance in regard to the 21st Century Jobs Fund.

COVID-19 Response:
MEDC continues to provide vital economic support across Michigan.

Learn More

MSF Board Members

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Quentin L. Messer, Jr.

Chair, Chief Executive & Economic Competitiveness Officer , Michigan Economic Development Corporation

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Dr. Britany L. Affolter-Caine

Executive Director, Michigan’s University Research Corridor

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Paul Ajegba

Director, Michigan Department of Transportation (MDOT)

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Ronald W. Beebe

CEO, Euclid Industries, Inc., Brinn Performance, Inc., Awrey Bakeries, Griffin Thermal Products, and Milling Precision Tool Corporation

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Susan Corbin

Acting Director, Michigan Department of Labor and Economic Opportunity (LEO)

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Rachael Eubanks

State Treasurer, Michigan Department of Treasury

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Paul V. Gentilozzi

President, Gentilozzi Real Estate

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Charles P. Rothstein

Founder and Senior Managing Director, Beringea, LLC

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Susan Tellier

President, JetCo Packaging Solutions

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Cindy L. Warner

Founder, 360ofme

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Dimitrius Hutcherson

Executive Vice President, Chief Administrative Officer & Chief Technology Officer, First Independence Bank

MSF Meeting Agenda

The Michigan Strategic Fund meets monthly in Lansing and continues to help fuel new economic activity across Michigan, strengthening our communities and creating good jobs for our residents. 

An 11-member board has statutory authority to direct state appropriations to support business development, community development, talent enhancement and state marketing activities, including the promotion of tourism, film industry, arts and cultural affairs.

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View the most current meeting agenda document

Click here

Find Additional Reports
Browse for MSF and other reports in the Reports & Data section

View Reports
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View all TEFRA notices

Click here

Tax Equity and Fiscal Responsibility Act (TEFRA) Notices

On December 31, 2018, the U.S. Department of Treasury published final regulations amending the public approval requirements for tax-exempt private activity bonds. The Tax Equity and Fiscal Responsibility Act of 1982 ("TEFRA") provided for public notice, hearing and approval requirements set forth in Section 147(f) of the internal revenue code of 1986, as amended. The TEFRA Requirements must be satisfied as a precondition to the issuance of tax­ exempt private activity bonds, including exempt facility bonds and qualified 50l(c)(3) bonds. The Final TEFRA Regulations apply to all tax-exempt private activity bonds issued on or after April 1, 2019, by the Michigan Finance Authority, Michigan State Housing Development Authority, and Michigan Strategic Fund.

2022 MSF BOARD MEETING DATES

All meetings are held at the MEDC Lansing Office, Lake Michigan Conference Room, at 10:00 a.m. unless otherwise noted.

  • Tuesdsay, January 11, 2022*
  • Tuesdsay, January 25, 2022 at 8:30 a.m.**
  • Tuesday, February 22, 2022
  • Tuesday, March 22, 2022 at 9:00 a.m.
  • Tuesday, April 26, 2022
  • Tuesday, May 24, 2022
  • Thursday, June 2, 2022 at 8:30 a.m.*

  • Tuesday, June 28, 2022

    Zoom Weblink & Dial-In information:
    Weblink: https://michiganbusiness.zoom.us/j/81039761790?pwd=UVJacTBjOEJYTHBXMnhtcFMweEdGUT09
    Dial-In: (312) 626-6799
    Meeting ID: 810 3976 1790
    Passcode: 065416

    For those who would like to make a public comment, you may now register prior to the meeting by clicking on the button below. The meeting moderator will call on the last 4 digits of your phone number to signal your turn to speak. All comments should be kept to three minutes or less. You may also email your public comments directly to the board liaison at wilcoxk5@michigan.org.

    REGISTER ONLINE TO MAKE A PUBLIC COMMENT

    Please Note: Pre-registration is not required to provide public comment at the board meeting. Members of the public may address the Board during the public comment portion without submitting a request online. A member of the public who submits written public comments via email is not precluded from also speaking during the public comment period of the board meeting.

    If any person with a disability needs accommodations to participate in this meeting, please contact Katelyn Wilcox Surmann at (517) 899-9070 at least one day prior to the meeting.

  • Tuesday, July 26, 2022
  • Tuesday, August 23, 2022
  • Tuesday, September 27, 2022
  • Tuesday, October 25, 2022
  • Tuesday, December 13, 2022***

*Special meeting scheduled
**Meeting time changed to 8:30 a.m.
***Combined November/December Meeting

 

MSF BOARD MEETING MINUTES

  • May 24, 2022
  • April 26, 2022
  • March 22, 2022
  • February 22, 2022
  • January 25, 2022
  • January 11, 2022
  • December 7, 2021 
  • October 26, 2021
  • September 28, 2021
  • August 24, 2021
  • July 27, 2021
  • June 22, 2021
  • May 25, 2021
  • April 27, 2021
  • March 23, 2021
  • February 23, 2021
  • January 26, 2021
  • January 14, 2021
  • December 8, 2020
  • November 30, 2020
  • October 27, 2020
  • September 22, 2020
  • August 25, 2020
  • July 28, 2020
  • July 7, 2020
  • June 23, 2020
  • May 19, 2020
  • April 14, 2020
  • March 19, 2020
  • February 25, 2020
  • January 22, 2020
  • December 17, 2019 
  • December 4, 2019 
  • November 26, 2019
  • October 22, 2019 
  • September 24, 2019 
  • July 23, 2019
  • June 25, 2019 
  • May 21, 2019
  • April 23, 2019
  • March 26, 2019 
  • February 26, 2019
  • January 22, 2019
  • December 18, 2018
  • November 27, 2018 
  • October 23, 2018
  • September 25, 2018
  • August 28, 2018
  • August 9, 2018
  • July 24, 2018
  • June 26, 2018
  • May 22, 2018
  • April 24, 2018
  • March 27, 2018
  • February 27, 2018
  • January 23, 2018
  • December 19, 2017
  • November 28, 2017
  • October 24, 2017
  • September 26, 2017
  • August 22, 2017
  • July 25, 2017
  • June 27, 2017
  • May 23, 2017
  • April 25, 2017
  • March 28, 2017
  • February 28, 2017
  • January 30, 2017
  • December 20, 2016
  • November 22, 2016 
  • October 25, 2016 
  • September 27, 2016
  • August 23, 2016
  • July 26, 2016
  • June 28, 2016 
  • May 24, 2016
  • April 26, 2016
  • March 22, 2016
  • February 23, 2016
  • December 15, 2015 
  • November 23, 2015
  • October 27, 2015
  • September 22, 2015 
  • August 25, 2015
  • July 28, 2015 
  • June 8, 2015
  • April 28, 2015
  • March 24, 2015
  • February 24, 2015 
  • January 27, 2015

MSF BOARD PACKETS

  • View all the past MSF Board Packets.

MSF FOIA Policy and Procedures

Please submit all FOIA requests to medcfoia@michigan.org. For more information, please read the MSF Freedom of Information Act policies and procedure document. 

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