Tuesday, June 23, 2020
Critical support for small businesses, community revitalization efforts approved by Michigan Strategic Fund
• Detroit Development Fund loans to provide critical capital for small businesses impacted by COVID-19 virus • Community revitalization projects in Lansing, Bay City and Sault Ste. Marie leverage vital federal dollars to bring new opportunities for economic growth, local vitality • Magna Seating expansion in Highland Park builds on state’s automotive industry, strong signal of economic recovery in Michigan
Tuesday, June 23, 2020
Whitmer: Magna’s investment in Highland Park creating 480 jobs, helping drive economic recovery in Michigan
● Mobility tech company will add 480 jobs, invest $35.4 million in Highland Park with support from the Michigan Strategic Fund ● Expansion provides significant momentum for Michigan’s economic recovery following COVID-19 ● Project solidifies company’s presence in state, underscores Michigan's leadership in advanced auto manufacturing and mobility
Thursday, June 18, 2020
Two Communities Announced for Select Level of the Michigan Main Street Program
Historic North End neighborhood of Detroit, Downtown Grosse Pointe join 23 other Michigan communities taking a strategic approach to revitalizing their downtowns and commercial districts
Wednesday, June 17, 2020
City of Rochester Hills receives certification as Redevelopment Ready Community
Designation facilitates private investment, improves economic development opportunities
Monday, June 15, 2020
Crowdfunding campaign launched for the CELEBRATING MUSKEGON campaign at Pere Marquette Beach in Muskegon
$50,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Monday, June 15, 2020
22 Michigan communities receiving nearly $1 million in grants for small businesses’ COVID-19 recovery efforts
• MEDC’s expanded Match on Main program providing funds to community organizations to support small businesses in Michigan’s downtowns • Funds will assist 299 local businesses in communities around the state
Friday, June 12, 2020
Crowdfunding campaign launched for ARTpath 2020 in Lansing
$7,500 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Thursday, June 11, 2020
Crowdfunding campaign launched for the Little Traverse Bay Ferry project
$50,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Thursday, June 11, 2020
This Just In: Michigan continues to rise in national business rankings
Michigan has been awarded a Silver Shovel Award for excellence in economic development and job creating projects by Area Development’s 15th Annual Gold & Silver Shovel Awards
Thursday, June 11, 2020
$4.35 million awarded to 74 businesses in first round of Michigan Small Business Relief Program loans
• Low-interest loans intended to support businesses facing drastic reductions in cash flow and the continued support of their workforce in the face of COVID-19 outbreak • Businesses in 40 counties received loans • Nearly 1,000 jobs retained for Michigan workers
