MEDC Press Releases

Tuesday, May 28, 2019

Crowdfunding campaign launched for “Buffalo Soldier Memorial Park” project in Detroit

$50,000 goal to win matching grant through MEDC’sPublic Spaces Community Places initiative

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Tuesday, May 21, 2019

Generational investment of $4.5 billion by Fiat Chrysler signals strong bet on Michigan’s workforce and automotive leadership

Fiat Chrysler Automobiles expected to create 6,433 new jobs in Michigan ● All-new state-of-the-art assembly plant in Detroit will be city’s first in nearly 30 years, brings 3,850 new jobs to the city

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Tuesday, May 21, 2019

MTRAC Advanced Materials Innovation Hub Receives Additional Support for Advancing Materials-Based Technologies into Commercial Development

MSF Board awards Michigan Technological University one-year extension and $350,000

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Tuesday, May 21, 2019

Community revitalization projects bring new investment, vibrancy to Detroit, Kalamazoo

Three community development projects will generate $131 million in capital investment, create 293 jobs ● Detroit buildings to be revitalized into mixed-use projects, create 230 jobs ● Klovergold Creamery in Kalamazoo to become children's center

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Monday, May 20, 2019

Crowdfunding campaign launched for Camp Carpenter Detroit

$10,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Thursday, May 16, 2019

Cybersecurity company to establish headquarters in Grand Rapids area

VDA Labs to add 25 jobs, invest $300k in new high-tech lab and headquarters with MSF support

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Wednesday, May 15, 2019

Multimatic establishing autonomous vehicle driving simulation center in Novi, investing $7.8 million

• Project creates 50 high-tech, high-paying jobs • Facility will be first of its kind in North America • Development underscores Michigan’s leadership position in development of autonomous vehicle technology

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Wednesday, May 15, 2019

Crowdfunding campaign launched for Lawton SplashPad

$40,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Monday, May 13, 2019

Crowdfunding campaign launched for “The Power of Words Project” UPlift Campaign in Upper Peninsula

$20,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Monday, May 13, 2019

Five startups launching pilots, addressing mobility challenges in Michigan; PlanetM adds testing facility partners

Bedestrian, EasyMile, Hi-Ho Mobility, NAVENTIK and NAVYA among the latest recipients of the PlanetM Mobility Grants; Keweenaw Research Center at Michigan Technological University (MTU) and the Michigan Unmanned Aerial Systems Consortium (MUASC)

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