MEDC Press Releases

Tuesday, 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

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Tuesday, 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

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Tuesday, August 18, 2020

Grant funds still available for farms, agricultural processors to help support COVID-19 safety efforts

MEDC Grants provide resources for Michigan's food production industry

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Thursday, August 13, 2020

Michigan, Cavnue Creating Road of Future Between Ann Arbor and Detroit

● A first-of-its-kind connected and autonomous vehicle (CAV) corridor will improve transportation across Southeast Michigan and continue Michigan’s leadership in smart infrastructure and future mobility.

● Cavnue, a company founded by Sidewalk Infrastructure Partners, selected to lead the project in partnership with the state of Michigan.

● The first phase of the project will test technology and explore the viability of a more than 40-mile driverless vehicle corridor between Downtown Detroit and Ann Arbor.

● Cavnue, project will draw on advisory committee of automotive and autonomous mobility companies, including Ford, GM, Argo AI, Arrival, BMW, Honda, Toyota, TuSimple, & Waymo.

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Tuesday, August 11, 2020

Kalamazoo, Detroit receive historic preservation grants

Awards totaling $172,000 will help cities preserve historic resources

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Wednesday, August 5, 2020

May Mobility’s expansion in Ann Arbor underscores Michigan’s leadership position in autonomous and connected vehicle technology

Autonomous technology leader investing, adding jobs with support from Michigan Strategic Fund

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Tuesday, August 4, 2020

$30,000 grant will be used to document two significant Civil Rights sites in Detroit

Sites to be nominated include the Orsel and Minnie McGhee House and the Sojourner Truth Homes public housing complex

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Monday, August 3, 2020

Crowdfunding campaign launched for Haymarket Plaza Project in Kalamazoo

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

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Monday, August 3, 2020

Pure Michigan Announces Statewide Safety Pledge for Business, Tourism and Local Communities

The Pure Michigan Pledge encourages businesses, tourists and local communities alike to follow and promote COVID-19 safety guidelines to help ensure the best experiences this summer travel season and beyond

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Friday, July 31, 2020

Deadline Approaching for Businesses and Nonprofits to Apply for Grants through Michigan Small Business Restart Program

$100 million grant program expanded to allow small businesses that received grants through Michigan Small Business Relief Program to be eligible for Restart grants • Program accepting applications at michiganbusiness.org/restart through August 5 • 30 percent of funding to be awarded to eligible women-owned, minority-owned or veteran-owned businesses

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