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MEDC | MI Business Report: $1.2M to Help Businesses Go Global

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The Michigan State Trade Expansion Program (MI-STEP) received $1.2 million in funding to support small- and medium-sized businesses looking to grow in foreign markets.

What it means: Businesses can get up to $15,000 from MI-STEP to offset 50% of pre-approved expenses, such as international sales trips, trade missions and website localization.

Details: Applications open Oct. 1

LEARN MORE

The Toast of TechTown
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Toast of the Town is TechTown’s annual fundraiser honoring Detroit’s entrepreneurs and their role in strengthening the city, neighborhoods and economy.

What to expect: The event kicks off with the Salute Awards to honor those building an equitable economy. After, you can experience immersive showcases, tech startup demos and food tastings from the city’s up-and-coming business owners.

Details: Oct. 5, Detroit

 
 
Black Tech Week is Back
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Black Tech Week returns with Black Tech Weekend, a spin-off event for founders, innovators and creatives of color.

What to expect: Black Tech Weekend will connect tech entrepreneurs, investors and professionals to education, resources, opportunities – and each other – in the Motor City.

More to the story: Detroit was selected as host based on demand, its startup ecosystem and abundance of Black entrepreneurial and professional talent.

Details: Oct. 12-14, Detroit

 
 
The Best in Michigan Manufacturing
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The Michigan Manufacturers Association announced winners and finalists across 10 categories for the 2023 Manufacturing Excellence Awards.

More to the story: The awards honor the leaders and products that push Michigan’s manufacturing industry forward. All winners will be announced and celebrated at the annual Manufacturing Excellence Awards gala.

Details: The Manufacturing Excellence Awards gala will be held Nov. 9

 
 
LISTEN: The Michigan Opportunity Podcast

Rich Bowman, Director of Policy at the Nature Conservancy, discusses preservation, the importance of hunters in Michigan and working with parties across the state to manage land.

“Nature preserves is one of our core businesses, but we also work with the folks who are managing the broader landscape, the farmers, the foresters, the folks doing urban water infrastructure, to help them do a better job of managing so that the entire environment is healthy and functional,” said Bowman.

 
 
Upcoming Events
Additional Resources Available Online

Michigan Economic Development Corporation (MEDC) helps to connect businesses to new resources, meet new partners and access the additional capital they need from the start. If your business needs support to reach its full potential, the MEDC is available to help. Visit michiganbusiness.org/small-business to find customized business assistance.

Looking for a career in economic development? Want to be part of a team that’s driving Michigan forward? View career opportunities at the MEDC.

international bridge photo provided courtesy of MEDC

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