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Michigan Economic Development Corporation
Services Offered

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Services Offered
Focus Points
Additional Information

 

Here are the basic categories of services provided through MEDC:

(from the MEDC Investment Guide)

Business Services: wage survey data, site infrastructure, consulting assistance, cost containment, export promotion
 
Workforce Development Services: training assistance, finding workers, training network
 
Site Location Services: electronic site location network, Select Sites
 
Bottom-Line Incentives: Renaissance Zones, brownfield job credits, job creation tax credits, SmartZones, property tax abatements
 
Financial Services: Business cost estimating, industrial development revenue bonds, capital funding (ie, SBA 504 loans), employee stock ownership program
 
Regulatory Assistance: regulatory/government ombudsman, environmental technical services, permitting coordination
 
 
 
 

Budget for 2002 FY ($ billion)

Life Sciences Corridor Grants

Customized Job Training Grants

Operating Plan Expenses

Salaries-Admin Costs

 
 
 
$ 42.5    (39%)
 
$ 26.7    (25%)
 
$ 13.8    (13%)
 
$  9.4     (9%)

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