Michigan Economic Development Corporation

The Michigan Economic Development Corporation (MEDC) is a public-private partnership agency and economic development corporation in the U.S. state of Michigan. Operating under the slogan "Pure Michigan", MEDC attempts to encourage the tourism potential of the state and foster business relocations to Michigan.^[1] MEDC’s Michigan Business portal lists startup and scale-up services, SmartZones, and capital access programs for entrepreneurs; current offerings and contacts are posted on the site.

The MEDC also manages entrepreneurship and small business growth initiatives through its statewide SmartZone network and related programs that provide incubator space, mentorship, and access to early-stage capital for startups and small firms.^[2]

MEDC’s SmartZones support technology-based entrepreneurs with incubators, funding connections, and business services, with current locations and contacts published by the state.^[3]

MEDC is the successor-in-interest of the Michigan Jobs Commission, created in 1993. The commission was translated into the Development Corporation in 1999. Its growth and operations during the following twenty years reflected the urgency of moving away from Michigan's perceived standing as a one-industry state dependent on fluctuating conditions in the motor vehicle industry.^[4]

See also

• Educational inequality in southeast Michigan