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Traverse Connect | The Connection - November 2024

Michigan Business Network
November 22, 2024 8:00 AM

Blog-Featured-Image-1 Cropped-1Autumn Economic Ecosystem Report

Traverse Connect published the fall Regional Economic Ecosystem Report to highlight the vibrant economy growing and flourishing in the Grand Traverse region. Traverse Connect’s public and private partnerships are highlighted within its pages, as well as updates on target industry clusters, such as outdoor recreation, rural health innovation, advanced aerial mobility, and more. 

The report also illustrates the work being done to attract new businesses and help existing businesses in the region grow and scale, which includes access to a talented workforce. Read more to get an in-depth look at the region's economic ecosystem growth and trends.

Click the cover image below to access the full report.

 Categories: Economic Development
 
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News Roundup
News from Traverse Connect that you might have missed.

→ From 5 to 40 years, we are proud to congratulate these businesses on milestone membership anniversaries with Traverse Connect.

→ Early bird tickets to the Northern Michigan Policy Conference are available until December 31. Get your discounted tickets today to attend the cornerstone advocacy event for northern Michigan. While you're at it, you can also secure your tickets for the Annual Celebration Gala to join in celebrating northern Michigan's business community!

→ Come out and celebrate the achievements of Traverse Connect's member businesses with ribbon cuttings this month: Factor Investing Group.

→ Did you know Traverse Connect investors receive a discount on personal home, auto, & umbrella coverage with Auto Owners Insurance? Investors also receive a discount on business auto, property, liability, and umbrella coverage. As any small business owner knows, a little savings goes a long way.
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What We're Reading
Our midweek reading list.

→ The Small Business Administration of Michigan has two actions you can take to make your voice heard on upcoming changes to tip credit and earned sick time. Use these links to contact your legislator to preserve the tip credit and fix the Earned Sick Time Act.

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Traverse City DDA board members are zeroing in on several projects to prioritize in the next three years, with approximately $9.3 million left for capital improvements in the tax increment financing (TIF) 97 fund.

→ Aspire North REALTORS has chosen Alan Jeffries to succeed Kimberly Pontius as its Chief Executive Officer in 2025. 

→ Residents and neighborhood groups are participating in a series of workshops to work on a public vision for the future of Traverse City.

→ Munson Healthcare announced it received a $5.2 million gift, the third largest donation in Munson's history, to help fund new technology, research, and patient support at Cowell Family Cancer Center.

→ Traverse City Area Public Schools started the process of selling $90 million in bonds to be used for the first phase of the capital improvements approved by voters during the August primary. 

→ Michigan’s economic momentum has reached new heights, with the state achieving its highest-ever ranking in Area Development’s annual Top States for Doing Business list at No. 10 overall, up from No. 13 last year, reflecting the tangible results of the "Make It in Michigan" strategy. 

→ Discover how robotics is transforming the future of manufacturing in Automation Alley's latest Integr8 playbook. This comprehensive guide dives into the latest advancements in automation, collaborative robotics, and AI-driven processes.
EVENTS
Traverse Connect's upcoming in-person and virtual events.
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January 31 9:00 a.m. to 3:30 p.m.
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January 31 from 6 p.m. to 12 a.m.
Congratulations to Chair of the Traverse City Young Professionals, Mallory Szczepanski, for her new role as event and content producer for Recycling Today! In addition to her leadership with TCYP, Mallory actively engages with the Traverse Connect business community through our Leadership Grand Traverse and the Women's Leadership Cohort programs. Very well deserved!
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Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.