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Tag: Michigan Strategic Fund

Economic Development

Business, community projects get state aid through MSF, MEDC

LANSING—The final meeting of 2020 for the Michigan Strategic Fund board saw approval of projects that will result in the investment of $80.7 million into businesses and communities around the …

Coronavirus / Economy

Pure Michigan Small Business Relief Initiative to provide $10M grants for COVID recovery

LANSING—The Michigan Strategic Fund board has approved a $10 million grant program to help meet the urgent needs of small businesses disproportionately impacted by the COVID-19 virus. The Pure Michigan …

Economic Development / Electric Vehicles

Ohio electric truck maker picks Michigan for R&D center

LANSING—Michigan continues to claim its position as the automotive capital of the world with the announcement from Ohio-based Lordstown Motors Corp. on plans to establish an automotive research and development …

Economic Development

State aid OK’d for community redevelopment projects

LANSING—Projects that will support growth and economic recovery in five communities around Michigan have received support from the board of the Michigan Strategic Fund, officials at the Michigan Economic Development …

Economic Development / Pharmaceuticals / Retail Technology / Robotics

Developments in GR, Romulus, TC get state support

LANSING—The board of the Michigan Strategic Fund has approved state aid for two business expansions and a community project that will generate a total of $154.7 million in capital investment …

Economic Development / Exports

New state-federal partnership to open export opportunities for SMBs

LANSING–State officials Monday announced a new partnership with the U.S. Trade and Development Agency to make more export opportunities available for small and medium-sized businesses. Under the deal, the Michigan …

Economic Development

Gerber expansion, community revitalization projects get state aid

LANSING—The Michigan Strategic Fund board approved a range of business growth and community revitalization projects, as well expanded initiatives and support for communities that will continue to drive Michigan’s economic …

Battery Technology / Economic Development / Electric Vehicles

New truck, bus electrification engineering center gets state support

LANSING—The Michigan Strategic Fund has approved a $500,000 Michigan Business Development Fund performance-based grant to support a $4.17 million project to build a new “eMobility Center” in Rochester Hills for …

Economic Development

Business plans, community revitalization projects get state aid

LANSING—The Michigan Strategic Fund board has approved state grants and loans to several new manufacturing and finance company expansions, as well as community revitalization projects, officials at the Michigan Economic …

Autonomous Vehicles / Economic Development

May Mobility gets state aid for self-driving shuttle expansion

LANSING—The Michigan Strategic Fund Board approved a $700,000 Michigan Business Development Program grant to support an $11.8 million expansion at Ann Arbor-based May Mobility Inc. that is expected to create …

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