What's New in the Blog

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.

In honor of World Trade Week this week, Michigan celebrates the economic importance of global trade with MEDC’s International Trade Program, an export resource center that helps Michigan businesses grow within the state and internationally. The program’s regionally-dedicated International Trade Managers act as a concierge service in helping companies to access global markets and save on export costs that affect their bottom line. Join in on the celebration by exploring these resources to ensure your company has the right tools of the trade to succeed in global markets.