Michigan Economic Development Corporation - Michigan Advantage Blog

Michigan Economic Development Corporation - Michigan Advantage Blog

Pure Michigan Business Connect swells; Fifth Third Bank adds $5 billion

November 18, 2011 Great Companies

The state’s Pure Michigan Business Connect program has more than doubled in less than six months with an additional $5 billion in loan access for Michigan-based companies offered through Fifth Third Bank, Gov. Rick Snyder has announced.
The governor also welcomed several new partners to the initiative.
The bank’s commitment more than doubles the original $3 billion [...]

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Tagged as: economic development partnerships, Events, Pure Michigan Business Connect, Resources

Accelerate Michigan puts Michigan Innovation in the Spotlight

November 18, 2011 Great Companies

DeNovo Sciences is a Michigan-based start-up company working to provide an alternative to traditional biopsies used in cancer research and diagnosis. It was also the grand prize winner of the 2011 Accelerate Michigan Innovation Competition.
Their prize: $500,000 and invaluable exposure to potential investors in Michigan.
The goal of the Accelerate Michigan Innovations Competition, the largest [...]

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U-M: Michigan gained 63,000 jobs in 2011, growth to continue

November 18, 2011 Economic Development

ANN ARBOR, Mich.—The Michigan economy saw net growth of more than 63,000 jobs this year and is poised to add another 77,000 over the next two, according to University of Michigan economists.
“For Michigan, 2011 will go down as a year of solid job growth and one that saw the higher-wage segment of the labor [...]

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Friday’s LiveWorkDetroit Connects Detroit Employers with Entrepreneurial Talent

November 15, 2011 Events

Recent college graduates and students as well as new professionals with entrepreneurial skills and a desire to kick off their careers in Detroit will connect with Detroit area employers on Friday, November 18 at the next LiveWorkDetroit networking event.
“LiveWorkDetroit is fast becoming one of the best ways for Detroit business leaders to tap in to [...]

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Michigan Business Tax Seminar to be presented in Mandarin

November 15, 2011 Events

Chinese companies located in Michigan or those with Chinese ownership are invited to attend a Michigan Business Tax Planning Seminar, to be presented in Mandarin, taking place on December 1 in Southfield.
The free seminar will explain how Michigan’s new business tax structure will affect foreign parent companies and how to use the new tax law [...]

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Tagged as: Chinese, Events, Mandarin, michigan business tax, seminar

MEDC offers export assistance workshops in Grand Rapids, Novi

November 15, 2011 Access to Capital

Michigan small businesses – companies with fewer than 500 employees – are invited to explore export opportunities at two Global Access Exporter Forums taking place in Grand Rapids and Novi on November 17 and 18.
Governor Rick Snyder will give remarks at the Novi forum and Fred P. Hochberg, Chairman and President of Export-Import Bank of [...]

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Tagged as: Events, export assistance

This Just In: Michigan ranks 2nd in Bloomberg study of states’ economic health

November 10, 2011 Great Companies

Michigan’s economic health is second-best in the nation, according to a prominent national ranking released today. 
Bloomberg, a respected global leader in business and financial information, released its first-ever economic health evaluation during a conference in New York City. The Bloomberg analysis considered important indicators such as personal income, tax revenue, employment and housing prices. 
This pure [...]

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Tagged as: Economic Growth

Michigan Emerging Conference Opens Doors for Entrepreneurs, Business Leaders and Innovators to Connect and Collaborate

November 10, 2011 Events

The Michigan Economic Development Corporation (MEDC) is sponsoring the second annual Michigan Emerging, the conference designed to help entrepreneurs connect with each other and learn about resources available to them in Michigan. Gov. Rick Snyder, who before his election was one of Michigan’s most successful entrepreneurs and venture capitalists, will deliver the keynote speech at [...]

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Tagged as: Entrepreneurship & Innovation, Events, Resources

54 Michigan businesses selected to receive support through pilot program

November 10, 2011 Great Companies

Fifty-four small and midsize companies from around Michigan have been selected to receive business development support through the Pure Michigan Business Connect Economic Gardening Pilot Program being offered by the Michigan Economic Development Corporation, MEDC CEO and President Michael A. Finney has announced.
“The goal of this program is to help these second-stage companies grow and [...]

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Detroit is pushing back with young muscles. Why not flex yours?

November 9, 2011 Great Companies

By Leah Moss
After 5:00 pm, the faint hum of my office building’s heater becomes increasingly apparent, when it becomes the only source of noise once the rest of the building’s employees depart for the evening. In the solitude, the real work begins. In the after-hours, change happens. It’s under the surface and goes unnoticed, until [...]

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