Michigan Strategic Fund

MEDC 2

MEDC Approves Aid For Projects Totaling $133.6M Investment, 406 Jobs

The Michigan Economic Development Corp. announced Michigan Strategic Fund approval of economic development and community revitalization projects that in total will generate $133.6 million in new capital investment and create 406 new jobs in Michigan. Included is support for Detroit’s M1 Rail project, a replacement for Joe Louis Arena and a new half-billion-dollar atom smasher at Michigan State University.

WWJ Newsradio 950–03/25/2014

An artist's rendering of Michigan State University's Facility for Rare Isotope Beams, now under construction behind its existing National Superconducting Cyclotron Laboratory. MSU photo.

MSU Atom Smasher, Ann Arbor Tech Center, Other Projects Win State Support

The Michigan Economic Development Corp. Tuesday announced state approval of economic development projects that will create 1,444 new jobs in Michigan and result in $362 million in business spending in the state.

WWJ Newsradio 950–02/25/2014

MEDC 2

Three Companies To Invest $27.6M, Create 494 Jobs In Michigan

Three companies will be expanding and adding jobs in Michigan with support from the Michigan Strategic Fund, the Michigan Economic Development Corp. said Wednesday. The expansions are expected to generate nearly $27.6 million in new capital investment and bring 494 new jobs in Michigan.

WWJ Newsradio 950–02/12/2014

MEDC 2

Two Companies To Invest $22.1M, Add 229 Jobs In Detroit

Two companies will invest up to $22.1 million in Detroit, creating 229 new jobs, the Michigan Economic Development Corp. announced.

WWJ Newsradio 950–01/29/2014

MEDC 2

Three Companies To Invest $24M, Add 403 Jobs In Michigan

The Michigan Economic Development Corp. announced approval of Michigan Business Development Program incentives to three companies planning expansions in the state. The projects are expected to generate up to $24 million in investments and add 403 new jobs in Michigan.

WWJ Newsradio 950–11/13/2013

MEDC

Four Companies To Invest $41.7M, Add 70 Jobs In Michigan

The Michigan Economic Development Corp. said four companies were approved for incentives through the Michigan Business Development and Community Revitalization Programs to support their expansions in the state.

WWJ Newsradio 950–10/16/2013

MEDC

Business Expansion, Community Improvement Projects Win State OK

The Michigan Economic Development Corp. announced approvals of incentives and grants to seven projects across the state that in total will mean nearly $111.1 million in private investment and 333 new jobs in Michigan.

WWJ Newsradio 950–09/25/2013

detroitrenewableenergy

Detroit Renewable Energy Completes Financing

Detroit Renewable Energy LLC Monday announced it has completed $55 million in long-term financing to support the company’s expanding investment in the environmental, renewable energy and economic development infrastructure of Greater Detroit.

WWJ Newsradio 950–08/12/2013

(Photo by Gregory Shamus/Getty Images, File)

State Agency OKs Bonds For New Red Wings Arena

A new hockey arena for the Detroit Red Wings got another step closer to reality Wednesday with Michigan Strategic Fund Board approval of $450 million in bonds for the structure.

WWJ Newsradio 950–07/24/2013

Michigan Pre-Seed Capital Fund Invests $1.5 Million in Six Startups

Six more Michigan companies in industries ranging from bicycles to off-grid power to high-tech health have received investments from the Michigan Pre-Seed Capital Fund, totaling $1.5 million.

WWJ Newsradio 950–07/24/2013

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