Thursday, February 25, 2021

Statement from Governor Whitmer, MEDC Committee Chair Awenate Cobbina on MEDC CEO Mark Burton

Burton says 'good-bye' and is proud of work done at MEDC

Thursday, February 25, 2021

Mobility Council’s report addresses challenges state must meet to continue as global leader

Governor’s $25M funding proposal for Mobility Futures Initiative supports a new statewide collaboration advancing Michigan’s position in the rapidly evolving mobility industry.

Tuesday, February 23, 2021

MSF approves support for electric vehicle manufacturing expansion, community vitality projects, entrepreneurship programs to continue Michigan’s economic recovery

• Magna to create 300 jobs with new high-tech facility in St. Clair to manufacture battery enclosures for 2022 GMC Hummer EV • Community development projects in Detroit, Holland, and Alma bringing new opportunities for economic growth • Programs extended to grow entrepreneurship ecosystem in communities throughout the state

Tuesday, February 23, 2021

Whitmer: Magna’s investment in St. Clair creating more than 300 jobs, strengthening Michigan as leader in EV manufacturing

● Magna adding 304 jobs, investing $70.1 million in St. Clair with support from the Michigan Strategic Fund ● New state-of-the art facility will build battery enclosures for GM’s new GMC Hummer EV ● Project solidifies company’s presence in state, underscores Michigan’s leadership in advanced auto manufacturing and future mobility

Wednesday, February 17, 2021

Gov. Gretchen Whitmer announces nearly 6,000 small businesses across Michigan awarded $52.5 million through Michigan Small Business Survival Grant Program

• Michigan Economic Development Corporation grant program supports small businesses impacted by COVID-19 pandemic • Over 52,500 jobs retained for Michigan workers as a result of the program • Grants were chosen and administered by 15 economic development organizations

Wednesday, February 17, 2021

Biomedical Projects Awarded $1.1 Million in Funding by MTRAC Life Sciences Innovation Hub at the University of Michigan

Michigan Translational Research and Commercialization program puts latest cohort of mid-stage, high-tech research projects on the fast track to helping patients around the world

Tuesday, February 9, 2021

Business expansions bring jobs, new investments to Ann Arbor region

• Two projects building on Governor Whitmer’s Back to Work Michigan plan expected to generate total private investment of $7.1 million, create 266 jobs • Energy storage provider Navitas adding second facility in Scio Township, creating 111 well-paying jobs • National mortgage lender Homepoint expanding in Ann Arbor, adding 155 jobs in the state’s professional services industry

Monday, February 8, 2021

Crowdfunding campaign launched for Soo Locks Plaza

$7,500 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

Tuesday, February 2, 2021

Community revitalization projects to bring new housing options to Upper Peninsula communities

• Four community development projects will bring needed housing, new vibrancy to downtowns in Upper Peninsula • Supported communities include Iron Mountain, Houghton and Munising

Tuesday, January 26, 2021

Community revitalization projects, entrepreneurial program to drive continued economic growth, local vitality across Michigan

• Community development projects will bring new housing, hotels and vibrancy to vacant places while promoting tourism in Grand Haven, Hillsdale, Ludington • MSF Board also approves tech transfer program to help grow state’s high-tech entrepreneurial ecosystem