Michigan had fastest small business job growth in 23 years, added 170,000 jobs in first three quarters
LANSING, Mich. - Monday, Governor Gretchen Whitmer highlighted new data showing Michigan’s economic jumpstart continues as small businesses in the state are experiencing tremendous growth and expansion. In the first three quarters of 2021 alone, small businesses with fewer than 50 employees created almost 170,000 jobs, the fastest start to small business job growth in 23 years, according to the Michigan Bureau of Labor Market Information.
MEDC’s Industry 4.0 grant program will provide companies with 50 percent reimbursement for qualifying I4.0 technology implementation costs
LANSING, Mich. – Michigan’s small manufacturers looking to adopt Industry 4.0 technologies are now able to apply for grants of up to $25,000 as part of the $3 million Industry 4.0 Technology Implementation Grant program, the Michigan Economic Development Corporation announced today. Grants will be reimbursement-based and will cover up to 50 percent of eligible technologies, including additive manufacturing, artificial intelligence, cybersecurity, robotics and automation, and more.