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Economic Development

Southwest Michigan First Appoints New CEO

Michigan Business Network
October 22, 2021 3:00 PM

Community engagement, inclusivity, and commitment to improve economic development and employment opportunities for all guided the search process 

Kalamazoo, Michigan – The Southwest Michigan First Board of Directors has selected Jonas R. Peterson, CEcD, to serve as chief executive officer for the Southwest Michigan regional economic development organization. Peterson’s appointment follows a six-month national search that prioritized community input and inclusivity.

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Grand River Aseptic Manufacturing | Tom Ross Shares Details behind $50 Million Facility Groundbreaking

Michigan Business Network
October 21, 2021 4:00 PM

Jeffrey Mosher gets together with Tom Ross, CEO, Grand River Aseptic Manufacturing (GRAM), Grand Rapids, Michigan. Their discussion revolved around a recent $50 Million Facility Groundbreaking which outlines the future for sterile fill and finishing manufacturing in West Michigan.

 

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LEO | $15.8 Million Grant Will Increase Career Pathways for Individuals with Disabilities

Michigan Business Network
October 21, 2021 3:00 PM

Disability Innovation Fund – Career Advancement Initiative Model will support career pathway and development

LANSING, Mich.—Governor Whitmer today announced the Michigan Department of Labor and Economic Opportunity (LEO), in partnership with Michigan State University (MSU), has been awarded a $15.8 million federal grant to support the development and use of career pathways to assist vocational rehabilitation-eligible individuals with disabilities to advance their careers. 

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PNC Chief Economist Gus Faucher: Initial UI Claims Below 300,000 Again

Michigan Business Network
October 21, 2021 1:00 PM

As Labor Market Continues to Heal

  • Initial claims for unemployment insurance fell slightly in the week ending October 16 and were below 300,000 for the second straight week. Initial claims are approaching their pre-pandemic level of around 200,000.
  • The total number of unemployment insurance recipients was down to around 3 million in early October. Millions lost their access to benefits in early September with the expiration of special pandemic-related programs.
  • The number of continued claims under regular state programs is falling as the unemployed start to find jobs.
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You’re invited: YouthQuest Opens Doors to Public for Lights On Afterschool

Michigan Business Network
October 21, 2021 11:00 AM

City proclamation designates Oct. 28 as Lights On Afterschool Day in Flint

(FLINT, Mich. – October 20, 2021) Most days of the year, YouthQuest is open only to students in grades K-12 at Flint Community Schools, Flint Cultural Center Academy, and International Academy of Flint. But for a few days this month, the research-based afterschool enrichment program will open its doors to the public for a series of events held Oct. 21-28.

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MEDA's 2021 Fall Economic Development Toolbox Conference is Open for Registration

Michigan Business Network
October 21, 2021 9:00 AM

The Fall Economic Development Toolbox
November 18, 2021 Overview

The Fall Toolbox has sessions on a variety of components for economic development success: new tools and programs, updates to existing tools and programs, best practices, marketing, unique ideas, skill-building, and leadership.
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LEO | US Department of Labor and Michigan Department of Labor and Economic Opportunity sign agreement to share information, conduct joint operations

Michigan Business Network
October 20, 2021 3:00 PM

Memorandum of Understanding promotes dialogue to protect rights of Michigan workers

DETROIT, Mich.—The U.S. Department of Labor’s offices in Detroit and Grand Rapids and the State of Michigan, Department of Labor and Economic Opportunity, Wage and Hour Division have signed a five-year Memorandum of Understanding to provide opportunities for the agencies to conduct joint investigations and joint outreach as well as share training materials and other information as appropriate.

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CAM Magazine Releases Its October “Special Issue,” Featuring 12 Outstanding Construction Projects in the State of Michigan

Michigan Business Network
October 20, 2021 1:00 PM

The Construction Association of Michigan is excited to announce that its CAM Magazine October Special Issue is ready to view! This 132-page, full-color issue of the magazine features 12 outstanding construction projects in the state of Michigan as submitted by CAM member companies.

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SBAM | Chair: Time To Take Economic Development Bull By The Horn

Michigan Business Network
October 20, 2021 9:00 AM

Senate Economic and Small Business Development Chair Ken Horn(R-Frankenmuth) called Ford Motor Co.’s decision to build new plants in Kentucky and Tennessee a “gut punch to the state of Michigan.”

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SBA | Economic Aid update : PPP Forgiveness, COVID EIDL and Data Sources

Michigan Business Network
October 20, 2021 7:00 AM

Since mid-2020, the SBA has delivered more than $1 trillion in economic aid ($173+ billion in the Great Lakes region) via COVID relief measures to help the nation’s small businesses and those hardest hit by the pandemic survive. Fiscal year-end traditional SBA-backed lending numbers should be released this week and the SBA is on schedule to celebrate National Veterans Small Business Week from Nov. 1 to 5. We also are gearing up for the 2022 National Small Business Week to return the first week of May with details on award nominations to come in November as well.

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