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MEDC Press Releases
Wednesday, September 16, 2020
Pure Michigan Business Connect offers virtual Aerospace and Tech Summit to help Michigan businesses grow across the state
• U.P. company, Northern Wings Repair, receives Aerospace Supply Chain Achievement Award • MEDC partners with Aerospace Industry Association of Michigan to connect Michigan suppliers with global aerospace buyers • Pure Michigan Business Connect expands efforts to match buyers in sellers in virtual match-making summit
Read MoreFriday, September 11, 2020
Crowdfunding campaign launched for We Lit Avalon
$37,500 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Read MoreFriday, September 11, 2020
$4.7 million in additional loans made to 71 businesses through MEDC Michigan Small Business Relief Program
• New awards bring total of loans to $9 million, along with $10 million in grants already awarded through the program • 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 pandemic • Nearly 1,000 additional jobs retained for Michigan workers
Read MoreWednesday, September 9, 2020
Navistar establishes eMobility center in Rochester Hills, further extending state’s leadership in design and production of autonomous and electric vehicles
Commercial truck manufacturer investing, adding jobs with support from Michigan Strategic Fund
Read MoreTuesday, September 8, 2020
Crowdfunding campaign launched for Splash Pad at Claude Evans Park in Battle Creek
$50,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Read MoreThursday, September 3, 2020
THIS JUST IN: Michigan continues to rise in national rankings with Area Development’s 2020 Top States for Doing Business
Improvement in Area Development’s “Top States for Doing Business” underscores impact of Michigan’s economic growth efforts in the midst of COVID-19 crisis
Read MoreFriday, August 28, 2020
Crowdfunding campaign launched for After Dark Grand Rapids, North & East
$44,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Read MoreFriday, August 28, 2020
Crowdfunding campaign launched for La Esquina: Mini Market in Detroit
$50,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
Read MoreTuesday, August 25, 2020
Business Accelerator Fund Receives Additional Funding to Build on Support for 53 Companies During Outbreak
• Business Accelerator Fund (BAF) program guidelines modified in April to allow Michigan’s SmartZones to support more startups, resulting in 53 companies being served around the state • MSF approves transfer of additional funds to further support expanded eligibility for the BAF
Read MoreTuesday, August 25, 2020
High-tech, manufacturing growth in Detroit, new community revitalization efforts continue Michigan’s economic recovery
• Detroit Manufacturing Systems expansion builds on state’s automotive industry, securing 225 new pathway jobs for Michiganders • High-tech online auto insurance provider Clearcover establishing first Michigan-based facility, adding 300 high-wage jobs • Community revitalization projects in Detroit, Grand Rapids bringing new opportunities for economic growth, local vitality • Additional support approved for Michigan entrepreneurs through Business Accelerator Fund
Read More