The Economic Recovery Corps (ERC) is supporting 65 projects nationwide to speed up the recovery of distressed communities following the COVID-19 pandemic, and two Michigan initiatives made their highly competitive list.
What it means: Two ERC Fellows will find new ways to drive economic development through the two Michigan-based projects, one to expand access to capital and one to build up agricultural logistics and infrastructure:
Community Capital Accelerator: The National Coalition for Community Capital will get support from Michigan native Sydney Davis, who will help demystify local investing and create a scalable model to restore local decision-making and wealth-building opportunities.
West Michigan Agricultural Technologies & Regional Food Systems Initiative: The West Michigan Shoreline Regional Development Commission will host Annika Gačnik, who will work alongside producers and food businesses to create a model for resilient and thriving regional food systems.