Michigan Economic Development Corporation - The Upper Hand BLOG

Michigan Economic Development Corporation - The Upper Hand BLOG

From the category archives:

Access to Capital

Diversifying Michigan’s Economy: Over 15,700 New Jobs Planned for Michigan

April 21, 2010 21st Century Funds

Very few places have the one-two punch of a competitive business climate and a highly skilled workforce like Michigan that can attract new investment and jobs from companies competing across a wide spectrum of industries.
On Tuesday, Gov. Granholm announced that our efforts have resulted in 10 job-creating projects, generating 15,795 new jobs, retaining another 1,493 [...]

Read the full article

Pure Michigan Living

January 26, 2010 Small Business Capital Access Programs

When considering locations for your company, few things are more important than the quality of life for your employees.

Today, we are proud to announce the launch of PureMichiganLiving.com, a new initiative by the Michigan State Housing Development Authority (MSHDA) dedicated to covering good news and quality of life stories about our great state. As a [...]

Read the full article

Tagged as: Quality of Life

Buy Michigan First

December 29, 2009 Small Business Capital Access Programs

If you’re a business that’s chosen to invest in Michigan’s commununities by doing business in our state, you can add your name to the Buy Michigan First movement.
Governor Jennifer M. Granholm initiated Buy Michigan First to encourage Michigan businesses, including underrepresented vendor groups, to register with the State as vendors and bid on more more than [...]

Read the full article

Tagged as: Resources

Microloans: Funding Solution for New Entrepreneurs

December 14, 2009 Entrepreneurship

In a entrepreneur video interview with AnnArbor.com’s Business Review, Skip Simms explains the importance of microloans for funding options for new business owners as traditional sources of capital are no longer available.  Simms, a Managing Director at Ann Arbor SPARK, highlights how critical funding is for start-up companies and how microloans can help the economic [...]

Read the full article

Tagged as: Entrepreneurship, Resources

MEDC – The Year 2007 in Numbers

December 31, 2007 21st Century Funds

1 - National ranking of Michigan.org for visitors to state travel Web sites every month from April through December.
4 - International investment missions, to Sweden, Germany and two to China, to attract overseas companies to locate job-creating facilities in Michigan.
6 - Michigan’s ranking among all states on the Small Business Survival Index 2007 according to the national Small [...]

Read the full article

Tagged as: brownfield redevelopment, Capital Access Program, community assistance programs, economic diversification, Economic Growth, Entrepreneurship, international investment, Pure Michigan, Tourism Industry, venture capital

Leading indicators of our economic future

December 18, 2007 21st Century Funds

Look at the actions of the MEGA board today and you will see much to counter what passes for expert opinion. The day’s agenda promises more than $550 million in new investment and the creation of more than 2,850 jobs in our state.
More interesting, though, is that these jobs will take hold in a mix of [...]

Read the full article

Tagged as: Alternative Energy, economic diversification, Economic Growth, global automotive innovation, manufacturing diversification, renewable energy manufacturing

Celebrating Tech Growth

November 16, 2007 Venture Capital

If I told you we can take $12 million dollars and turn it into $100 million in just four years, you might think I’m blowing smoke, selling snake oil, or just plain deluded. But it is true and the proof was celebrated today in Kalamazoo.
Local leaders joined Gov. Granholm at a ribbon cutting for one [...]

Read the full article

Tagged as: economic diversification, Economic Growth, venture capital

Small Businesses Ranking BIG News for Michigan

November 9, 2007 21st Century Funds

There is nothing ’small’ about the impact small businesses and entrepreneurs have on Michigan. They are the job-creating engines that drive our economy, and the Michigan Economic Development Corporation (MEDC) is focused on helping them grow and thrive in our state. Our $2 billion 21st Century Jobs Fund is making capital available for small Michigan [...]

Read the full article

Tagged as: Alternative Energy, automotive manufacturing, Capital Access Program, Economic Growth, Entrepreneurship, homeland security and defense, small business resources