A 10-year effort by the Michigan Economic Development Corp. to promote entrepreneurship in the state has produced new jobs and tax base, but the state's innovation economy still lags in important ways and more investment is needed, a new report has found.
The MEDC, the state agency dedicated to promoting economic growth, has just released its 10-year assessment of the performance of its 21st Century Jobs Fund, the state venture capital fund set up in 2005 to promote entrepreneurship and venture investing in Michigan.
Image: Steve Arwood, CEO, Michigan Economic Development Corporation
