State launches site readiness program for economic development

LANSING—The Michigan Economic Development Corp. has rolled out a new Site Readiness Program as part of its ongoing effort to expand the state’s inventory of available properties ready to compete for business attraction projects.

As part of the program, MEDC will provide up to $100,000 in grant funding to a community or other public entity to assist with the development or enhancement of industrial sites to make them more competitive during the site selection process. Applications are being accepted at this link for the $1.5 million Site Readiness Program for local and regional economic development or community partners that can demonstrate a pathway to a vetted site.

“This grant program is a key component of collaborating with local partners to highlight the strengths of available sites throughout the state and ensure Michigan is investing in site readiness across our communities,” said MEDC CEO Jeff Mason. “The resources provided through the Site Readiness Program underscore the innovative approaches we are taking to foster business creation and expansion here in Michigan.”

Grant funds under the program can be used for activities such as site development studies, site material development, site implementation, land assembly activities, and more. A local match is strongly recommended and will be a consideration for a competitive project. More information on the grant program can be found here. The deadline for applications is May 1.

Other recent initiatives highlighting site selection in Michigan include the launch of an updated, dedicated landing page for site selectors. This site serves as a one-stop-shop for any and all site selector needs, from statistics demonstrating Michigan’s strengths as a place to do business to Zoom Prospector data base access.

Featured site videos from across Michigan are also highlighted on the site selector landing page Currently, nine sites statewide are showcased, offering footage of each location and key site information including transportation routes, utilities, and workforce availability.

A key component of the Site Readiness Program is the establishment of Vetted Site Standards, a voluntary resource that provides a critical roadmap to helping Michigan sites achieve “shovel ready” status. These standards include appropriate planning and zoning, boundary survey, proper soil and environmental conditions, and more.

More about the MEDC and its initiatives at www.MichiganBusiness.org.

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