MEDC Press Releases
Tuesday, June 2, 2020
City of Fremont receives certification as Redevelopment Ready Community
Designation facilitates private investment, improves economic development opportunities
Read MoreThursday, May 28, 2020
Business expansions bring new investments to support economic growth in Michigan
• Two business expansion projects expected to generate total investment of $13.2 million, create 213 jobs • eCommerce tech company expanding in Washtenaw County, creating 26 high paying jobs • Longstanding coatings company expanding existing facility in Fenton, adding 187 jobs
Read MoreWednesday, May 27, 2020
Historic Michigan lighthouse awarded $60,000 lighthouse preservation grant
Great Lakes Lighthouse Keepers Association will use funds to rehabilitate St. Helena Island Light Station in Northern Michigan
Read MoreWednesday, May 27, 2020
Statewide platform to connect Michigan employers with PPE producers, suppliers as non-essential businesses begin to re-open
•Michigan Economic Development Corporation’s PMBC portal specifically designed to support PPE needs of Michigan businesses
•Will assist employers in complying with Executive Order 2020-97 as they start the process of re-opening
• Sign up at https://www.michiganbusiness.org/ppe/
Tuesday, May 26, 2020
Five companies to deliver mobility solutions for COVID-19 challenges in Michigan
• GHSP, Gatik, Penske Vehicle Services, RCO Engineering and Pratt Miller selected to receive grant funding to aid in the development and deployment of solutions aimed at providing mobility-related COVID-19 relief in the state
• Two industry firsts, including Pratt Miller’s Large area autonomous Disinfecting robotic vehicle (LaaD) to disinfect airport concourses and GHSP’s mobile UV-C treatment, grēnlite™, to disinfect the air and surfaces in first responder vehicles and autonomous shuttles will be deployed as part of this program
• Solutions will be deployed in cities across Michigan, including Grand Rapids, Rochester and Detroit
Thursday, May 21, 2020
Michigan Council for Arts and Cultural Affairs Emergency Relief Fund grants support 176 arts and cultural organizations throughout Michigan
• Total of $502,400 in federal funding awarded from Michigan Council for Arts and Cultural Affairs to 176 eligible nonprofit arts and cultural organizations impacted by COVID-19 outbreak
• $83,834 in leveraged funds from Arts Midwest going to an additional 28 Michigan organizations
Tuesday, May 19, 2020
Michigan Strategic Fund actions help to drive economic recovery around the state, position Michigan for future prosperity
• Metro Community Development loans to provide critical capital for small businesses impacted by COVID-19 virus
• MI-STEP program to further support export activities of businesses in Michigan
• Business expansions in Kentwood, Detroit build on Michigan’s automotive, medical device industries
• Community revitalization projects to bring new opportunities for economic growth, local vitality around Michigan
Tuesday, May 19, 2020
Michigan’s Entrepreneurial Ecosystem Receives Nearly $1 Million to Support High-Tech University Researchers
The Michigan Strategic Fund approves support for Michigan Translational Research and Commercialization programs across the state
Read MoreWednesday, May 13, 2020
MEDC expands two community development programs, launches new website to support small business and downtown COVID-19 recovery efforts
• New MI Local Biz program will allow Michigan-based small businesses to raise funds from their customers through donation-based crowdfunding model, win matching dollars through MEDC
• Match on Main program will provide funds to community organizations to support small businesses in traditional downtowns across state
• Reopen Main Street website will offer communities key resources to develop strategies to reopen their downtown businesses
Tuesday, May 12, 2020
State Supports $1.5 Million Fund to Help Small Businesses Recover, Pivot in Response to COVID-19
• $1.5 million Michigan Entrepreneur Resilience Fund helps small businesses from geographically disadvantaged areas survive the outbreak through recovery efforts • Administered by Michigan Women Forward with support from MEDC and other organizations and corporations, applications are now available at miwf.org/mwf-entrepreneur-resilience-fund
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