MEDC http://michiganradio.org en Do you think two signatures are enough to approve state business incentives? http://michiganradio.org/post/do-you-think-two-signatures-are-enough-approve-state-business-incentives <p></p><p>One state lawmaker says it's "like controlling very large purse strings with very little accountability."</p><p>Since 2011, more than $65 million in state money has been awarded to businesses all around Michigan, all on the signatures of just two individuals.</p><p>Is this a worrisome lack of transparency? Or a good effort by the Michigan Economic Development Corporation to be nimble, to be able to get state incentives into the hands of businesses to help them grow and strengthen Michigan's economy?</p><p>Chris Gautz reported on this for Crain's Detroit Business.</p><p><em>*Listen to full interview above.&nbsp;</em></p><p> Wed, 11 Jun 2014 23:37:33 +0000 Stateside Staff 17963 at http://michiganradio.org Do you think two signatures are enough to approve state business incentives? Inflated job-creation numbers come from state strategic fund http://michiganradio.org/post/inflated-job-creation-numbers-come-state-strategic-fund <p>Sometimes we all do it. We over-promise on what we can actually get done.</p><p>That is especially true for some people seeking money or investments. And it&nbsp;<span style="line-height: 1.5;">appears to be the case with some companies that received state money designed to create jobs in Michigan.</span></p><p><span style="line-height: 1.5;">But some legislators in Michigan were left in the dark about that lack of performance, according to an </span><a href="http://mediad.publicbroadcasting.net/p/michigan/files/201309/MIAuditorGeneral_21stCentury.PDF" style="line-height: 1.5;">audit by the Michigan Office of the Auditor General</a><span style="line-height: 1.5;">.</span></p><p><span style="line-height: 1.5;">One of the goals of the Michigan Strategic&nbsp;Fund is to diversify the state's economy by giving out grants to companies, research groups, or start-ups.&nbsp;</span><span style="line-height: 1.5;">The goal is to support entities that can create jobs in the state. Job creation numbers can be part of the evaluation of a given grant's effectiveness.</span></p><p> Tue, 24 Sep 2013 18:20:56 +0000 Mark Brush 14561 at http://michiganradio.org Inflated job-creation numbers come from state strategic fund Goodbye to the 'flick': Small Michigan movie theaters facing deadline http://michiganradio.org/post/goodbye-flick-small-michigan-movie-theaters-facing-deadline <p><span style="line-height: 1.5;">This is a big weekend for film fans, but the movies honored this weekend at the Oscars may be the last ones to be in theaters as actual "films." &nbsp;</span></p><p>And that’s bad news for many small neighborhood and drive-in theaters in Michigan.</p><p><strong><span style="line-height: 1.5;">A night at the neighborhood theater</span></strong></p><p><span style="line-height: 1.5;">The Friday night crowd is gathering in the lobby of the Sun Theater in </span>Williamston<span style="line-height: 1.5;">.</span></p><p>Everybody seems to know everybody else at this small, one screen, neighborhood movie house. From the low ticket prices and very affordable concessions, the Sun Theater is a throwback, and that’s especially true for what’s at the top of the stairs at the rear of the theater.</p><p>35 millimeter film is flickering through a projector, which shines that night’s movie on to the silver screen. &nbsp;</p><p>It’s basically the way films have been shone for a hundred years, but that’s about to end.</p><p> Fri, 22 Feb 2013 05:32:00 +0000 Steve Carmody 11340 at http://michiganradio.org Goodbye to the 'flick': Small Michigan movie theaters facing deadline West Michigan groups teaming up to attract businesses, jobs http://michiganradio.org/post/west-michigan-groups-teaming-attract-businesses-jobs <p>Two economic development groups, one from Grand Rapids and another in Muskegon are asking the state of Michigan to approve a regional economic development corporation. It could provide marketing and tax incentives for a narrow purpose; to attract businesses that need property with two or more modes of transportation.</p> Fri, 05 Aug 2011 19:22:33 +0000 Lindsey Smith 3635 at http://michiganradio.org West Michigan groups teaming up to attract businesses, jobs Economic gardening? What's that? http://michiganradio.org/post/economic-gardening-whats <p>Economists and business interests say over and over again: many of Michigan’s problems will be solved if more people are working. That’s why during the State of the State address we heard Governor Snyder say, </p> <p>“Simply, put, job one is jobs!” </p> <p>And then in the speech, the governor outlined some of the tools he plans to use to create more jobs. Here's a look at one of those economic tools.</p> Fri, 11 Feb 2011 14:43:53 +0000 Lester Graham 1254 at http://michiganradio.org Economic gardening? What's that? 'Pure MI' campaign to be used to market state as business destination http://michiganradio.org/post/pure-mi-campaign-be-used-market-state-business-destination <p>The state’s new economic development chief says the “<a href="http://www.michigan.org/">Pure Michigan</a>” tourism campaign should also be used as a tool to grow and attract businesses. Rick Pluta, Michigan Public Radio Network's Lansing Bureau Chief sent us this report from the Capitol:</p><p>Michael Finney was confirmed as the new CEO of the <a href="http://www.michiganadvantage.org/">Michigan Economic Development Corporation</a> by its board of directors. Finney was <a href="http://www.governorelectricksnyder.com/">Governor Rick Snyder’s choice</a> to <a href="http://www.annarbor.com/business-review/ann-arbor-sparks-influence-expands-as-rick-snyder-michael-finney-plan-medc-changes/">lead the agency</a>.</p><p>Finney says the “Pure Michigan” campaign is already a success story in selling the state as a tourist destination:</p><blockquote><p>So we want to find ways to use that as a brand that will represent both tourism and business in our state. We think it’s a great brand and we intend on exploring that further as we go about our business of effectively marketing Michigan as a desired place to grow a business.</p></blockquote><p>Finney says that can be done using free media and without <a href="http://www.michiganradionews.org/post/granholm-wants-pure-michigan-funding">increasing the Pure Michigan ad budget</a>. He also says there will be a shift in the focus of the state’s economic development efforts toward helping entrepreneurs who are already in Michigan grow their businesses and hire more workers. Wed, 05 Jan 2011 11:49:46 +0000 Zoe Clark 747 at http://michiganradio.org Snyder names key members of jobs team http://michiganradio.org/post/snyder-names-key-members-jobs-team <p>Republican Governor-elect <a href="http://www.governorelectricksnyder.com/">Rick Snyder</a> continues to <a href="http://www.governorelectricksnyder.com/michigan-talks/campaign-news/12-13-2010-gov-elect-snyder-names-appointees-medc-board">name new members</a> of his incoming administration.&nbsp;</p><p>Yesterday, Snyder announced that <a href="http://www.businessleadersformichigan.com/about-us/staff/doug-rothwell">Doug Rothwell</a> would lead the <a href="http://www.michiganadvantage.org/">Michigan Economic Development Coporation</a>.&nbsp; As Rick Pluta <a href="http://www.publicbroadcasting.net/michigan/news.newsmain/article/0/1/1737233/Michigan.News/Snyder.names.key.members.of.jobs.team">reports</a>, it will be Rothwell&rsquo;s second turn at the job. He was the MEDC&rsquo;s first director after Governor John Engler created the agency in the 1990s. Rothwell is currently the President and CEO of <a href="http://www.businessleadersformichigan.com/">Business Leaders for Michigan</a>, a group of the state&#39;s top 75 CEO&#39;s.</p><p>In a show of bipartisanship, outgoing Democratic Governor <a href="http://www.michigan.gov/gov">Jennifer Granholm</a> stood next to Snyder as he made the announcement. Tue, 14 Dec 2010 12:20:36 +0000 Zoe Clark 577 at http://michiganradio.org Snyder names key members of jobs team