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
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 MoreTuesday, 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
Read MoreThursday, 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.
Read MoreTuesday, August 11, 2020
Kalamazoo, Detroit receive historic preservation grants
Awards totaling $172,000 will help cities preserve historic resources
Read MoreWednesday, 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
Read MoreTuesday, 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
Read MoreMonday, 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
Read MoreMonday, 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
Read MoreFriday, 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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