Governor Jennifer M. Granholm today unveiled a new report that highlights the impact of the 21st Century Jobs Fund, which was first called for by the governor in her 2005 State of the State address. The 21st Century Jobs Fund is a 10-year initiative passed with overwhelming bipartisan legislative support to accelerate the diversification of Michigan’s economy and create jobs. It is administered by the Michigan Economic Development Corporation.
“The 21st Century Jobs Fund was designed to reshape and diversify Michigan’s economy by focusing on innovative, entrepreneurial small businesses,” Granholm said. “Through the fund, we are laying the foundation for a new Michigan economy by developing a multi dimensional entrepreneurial ecosystem that provides start-up businesses with seed capital, coaching and the support infrastructure needed to develop businesses in Michigan.”
The report, titled “Foundation for a New Michigan Economy,” tracks the impact of the diversification efforts of the 21st Century Jobs Fund, including the 1,497 companies that have benefited, creating or retaining more than 24,400 jobs. The governor unveiled the report during a visit to Display Pack, a Grand Rapids-based global manufacturer of packing products.
To read the full, original article click on this link: New Report Highlights Impact of 21st Century Jobs Fund | Governor Jennifer Granholm: The Conversation
