Press Releases - June 2020

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

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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

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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

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Wednesday, June 10, 2020

City of Grand Blanc receives certification as Redevelopment Ready Community

Designation facilitates private investment, improves economic development opportunities

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Tuesday, June 9, 2020

City of Plainwell receives certification as Redevelopment Ready Community

Designation facilitates private investment, improves economic development opportunities

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Monday, June 8, 2020

City of Hart receives certification as Redevelopment Ready Community

Designation facilitates private investment, improves economic development opportunities

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Monday, June 8, 2020

Michigan soars 19 spots in Chief Executive magazine's annual Best & Worst States for Business

• Best single-year improvement in the history of the ranking • Factors including workforce, growth in manufacturing and overall business conditions drive results • MEDC creating a runway for economic recovery by growing businesses and resilient communities

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Thursday, June 4, 2020

This Just In: Michigan soars 19 spots in Chief Executive magazine's annual Best & Worst States for Business

Michigan ranks as a top state to do business in Chief Executive magazine’s 16th annual Best & Worst States for Business survey

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Thursday, June 4, 2020

Village of North Branch receives certification as Redevelopment Ready Community

Designation facilitates private investment, improves economic development opportunities

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Thursday, June 4, 2020

More Than 100 Small Businesses Around State Using MEDC Crowdfunding Program in COVID-19 Recovery Efforts

• MI Local Biz program allows Michigan-based small businesses to raise funds to win matching dollars from MEDC • Businesses can rally customers, supporters, family, and friends in real time to donate to access the matching MEDC funds • Donations to participating businesses can be made at https://www.patronicity.com/milocalbiz

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