Your Partner in Growing Your Community

Why Economic Development

buildingsEconomic developers are often tasked with answering the question of exactly what it is that they do. As you will learn below, they use a variety of methods to meet their goals. This page provides a simple explanation of this great profession.

What is Economic Development?

Economic development is attracting and growing businesses, creating and retaining jobs, and making our communities a better place to live.

Why is Economic Development Important?

Attracting and growing businesses strengthens our economy providing locally-produced goods and services. Strong businesses pay taxes that go for vital services such as schools, roads, fire, and police. Businesses also provide good jobs that put money in people’s pockets and allow for a higher quality of life.

What is the impact of economic development?

Economic development has a lasting impact on a community. Job providers purchase goods and services they need to operate, and their workers purchase goods and services they need to live. Money changes hands many times as it flows through the local economy and creates overall prosperity enjoyed by all citizens.

What are other benefits of economic development?

  • Economic development has a major impact on the places where we live, work, and play. Putting vacant or abandoned buildings and land back into productive use is a major function of economic development. This helps keep businesses located in urban areas where sewer, water, and other services are already present.
  • Economic development retains and attracts talented people. Communities that provide quality jobs and great places to live and work are a magnet for folks of all ages. As a result, these places have a strong future.
  • Economic development also fosters the entrepreneurial spirit that resides in our creative and ambitious citizens. By providing access to ideas, investment and expert advice new companies can be created to help assure Michigan’s economy stays innovative and diverse.

What is an Economic Developer?

What is an Economic DeveloperEconomic developers are professionals within a community that use various tools to stimulate economic growth while maximizing the best interests of the entire community and finding mutually beneficial solutions for all parties concerned.

How do Economic Developers attract and grow businesses to strengthen our economies?

Economic developers work jointly with businesses, developers, and the government to promote economic growth. They are well versed in business assistance, marketing and knowledgeable regarding federal, state, and local programs.

How does an Economic Developer make a difference in my Community?

Businesses are always faced with decisions of where and how to invest their limited funds to be more successful. These funds are often borrowed from banks and investors who expect a return on their investment. Communities benefit from economic development and are quite often willing to help lower a business’s initial investment costs or taxes. Economic developers understand how these private investment decisions are made and work to make sure the decision is good for both the business and the community.

What tools do Economic Developers use to create Economic Development?

There are many factors that come into play when private investment decisions are made. Economic developers use tools such as incentives to reduce business costs which results in more investment in the community and creates benefits for both the private and public sectors.  

How do Economic Developers ensure the use of incentives is in the public’s best interest and businesses are held accountable for the promises they make?

The public sector makes the decision to approve the type and use of incentives. These decisions are based upon the desire to benefit the public. Economic development incentives are a valuable tool that can provide the state and local communities with a positive return on their investment. Economic developers are experts in the use of incentives and forging agreements between businesses and government to ensure the results are mutually beneficial to all.  

How can I find one to help me and/or my community?

The staff of the Michigan Economic Developers Association (MEDA) is happy to help connect you with an economic developer to help with your economic growth project. Also see the Michigan Economic Development Directory, full of MEDA members and partners that are ready to help you succeed in Michigan!

Additional Resources

This delightful video explaining economic development is shared with permission from the Marketing and Branding team at Economic Development Winnipeg.

Read the What is Economic Development, Exactly? blog by Karl Dorshimer, CEcD, EDFP, Director, Economic Development, Lansing Economic Area Partnership (LEAP)

View the Promoting Economic Development and Economic Developers in Michigan PowerPoint, created by MEDA's Advocacy Committee.

The International Economic Development Council (IEDC) and The Right Place, Inc. also have materials that explain economic development.

Questions

If you have any questions, visit our Contact MEDA page.

MEDA and Economic Development News

meda newsEach week, the MEDA staff sifts through several sources for news that is useful to our members, and that highlights the work of our members.

Headlines not only include good news about economic growth in Michigan, but also valuable reports, examples of the creative use of an economic development tool for a project, federal-level program updates, or economic outlooks and trends. MEDA Members in the News articles list the name of a MEDA member and tell about the work that they are doing to grow their community. The Economic Development Around the Word component is meant to give perspectives and ideas based on what is going on in other states or countries.

11/29/21

The Infrastructure Bill Has Passed! Now What?

Metro Detroit Lenders Growing With Loans to 'Risky' Businesses

WirelessCar Establishes U.S. Headquarters in Southfield

MEDA Members in the News
The Right Place Expands Economic Development Reach to Mason, Mecosta Counties

Whitmer Announces 100 New Jobs, $1M Capital Investment from Expansion of Crest Marine in Owosso Area

Economic Development Around the World
How the Global Chip Shortage is Boosting US Manufacturing

11/22/21

Child Care as Economic Development? You Bet. $1.4B in Aid Coming to Michigan

Michigan Future Business Index Survey

MEDC/DRC Supplier Diversity in Financial Services Virtual Matchmaking Event - Applications Due November 30th​​​​​​​

MEDA Members in the News
Otisco Township Manufacturer Announces $30.4 Million Expansion, Creating 38 New Jobs

Economic Development Around the World
Videos from Connected Nation Conference - Infrastructure and Emerging Technology, Rural Broadband Conversation, and more!

11/15/21

Michigan: A Hand in the Next Generation of Semiconductor Manufacturing

Michigan Seen Among Options for Rivian Battery Plant

Toyota Pledges $6 Million for Expansion, Testing at Mobility Center in Michigan​​​​​​​

COVID Recovery
Survey: Pandemic Labor Shortage Still Haunting Businesses, but May Be Easing

Economic Development Around the World
Front Line: Infrastructure Investment Faces Hurdles

11/8/21

How to Attract Big Talent to Small Cities

International Trade and Development Internship Company Application

Coalition Urges Michigan to Invest $600M for EV Infrastructure, Workforce Training​​​​​​​

COVID Recovery
FAQ: Breaking Down the Labor Department COVID-19 Vaccine and Testing Rules 

MEDA Members in the News
Wafa Dinaro Recognized in Crain's 40 Under 40

Economic Development Around the World
Investing to Produce More Skilled Workers Must be Part of Rebuilding America

11/1/21

International Economic Development Council Names New President & CEO

Michigan Strategic Fund Broadens Grant Criteria for 'Shovel-Ready' Industrial Sites after Ford's Southern Investments

A Path Toward Safe and Equitable Cities - Download Report

COVD Recovery
Employment Law 2022 - COVID Hygiene 

MEDA Members in the News
Governor Whitmer Announces Agribusiness Expansion Bringing Nearly 200 Jobs to Holland, Placemaking Projects Around the State

Economic Development Around the World
2021 Top 100 Best Places to Live in America

10/25/21

Michigan Tech’s Great Lakes Research Center Receives Maritime, Mobility Funding

Lakeshore Advantage Receives IEDC Award

DTE Renewable Energy Supplier Event

MEDA Members in the News
Macomb County Receives Major Grant, Launches "Macomb Next" Programming Aimed at Advancing Local Manufacturing

Economic Development Around the World
Uptick in Rural Chargers Will Likely Make EV Drivers Happy Campers

10/18/21

Logistics Company, Auto Supplier to Create 424 Jobs Near Flint

TC Tourism, State of Michigan Partner for Daycare Pilot Program

GM to Build New Battery Facility in Warren to Support its EV Strategy

Nissan Adds $40M Safety Lab to Farmington Hills Engineering Center

MEDA Members in the News
EDA of St. Clair County Launches New Podcast

Michigan Is Automobility Report: The Home For Automotive Talent And The Industry’s Electric Future

Economic Development Around the World
How the Shift to Railways is Keeping Supply Chains on Track

US IT Job Growth Slows, but 2021 Still on Track for Record Hiring

10/11/21

How Detroit Sold Lear on Building New Plant, Creating 450 Jobs in City

Michigan’s Venture Capital Ecosystem is Thriving

COVID Recovery
For COVID Recovery, the Nation Should Take Lessons from the Heartland

MEDA Members in the News
DTE Energy Awards Grants To Spur Economic Development And Job Creation

Economic Development Around the World
Talent Wars 2021 Free DCI Report

10/4/21

Download MEDC's "Michigan: Mecca for Developers" Whitepaper

Smarter Manufacturing Ideas to be Showcased at LIFT in Detroit

MSHDA's Neighborhood Enhancement Program Accepting Applications

Whitmer Signs $70B Michigan Budget: What Survived, Thrived and Died

MEDA Members in the News
Economic Development Project of the Week - Middle Michigan

Economic Development Around the World
Whitmer, Midwest Governors to Coordinate EV Charging Infrastructure and More

9/28/21

Funding Opportunities for Rural Infrastructure - Deadlines Approaching

Michigan Launches Pilot to Build a Wireless Charging Road for Electric Vehicles in Metro Detroit 

Free Michigan Department of Treasury Webinars for Businesses Starting This Week 

MEDA Members in the News
50 Names to Know in Government: Vicky (Rad) Rowinski

Economic Development Around the World
Supply Chain Disruptions: A Critical Window of Opportunity

9/20/21

$2 Million in Export Assistance Funds Available for Michigan’s Small Businesses 

A New Federal Grant Should Make Regional Leaders Rethink Their Industry Clusters (Brookings Report)

West Michigan Outdoor Recreation Pitch Competition

MEDA Members in the News
Blackmer Expands Grand Rapids, Michigan, Manufacturing Campus

Economic Development Around the World
Economic Sentiment Unchanged As Consumers Digest Mixed Economic Signals

9/13/21

Creative Ways to Use ARPA Funds

Federal Historic Preservation Funds to Support Communities Along the Great Lakes

Michigan Underscores Mobility and Electrification Leadership with Launch of “The Future Of” Podcast

MEDA Members in the News
SmartZone Selects Operators to Manage Technology Incubator Services

Economic Development Around the World
Challenges Facing the Auto Industry Post-Pandemic

8/30/21

Want to Attract Talent? Build Your Employer Brand

Keys to Successful Capital Project Delivery

2021 Ann Arbor Entrepreneurial Ecosystem Report

MEDA Members in the News
Michigan Sugar Company Investing $65+ Million to Build Desugarization Facility at Bay City Factory

Economic Development Around the World
The American Alley, Part 1: A Hidden Resource

8/23/21

Carbon Fiber Bridge Developed at Lawrence Tech Could Last 100 Years

Auto Supplier Lear to Create Hundreds of Jobs at Old Cadillac Stamping Site

Michigan to Partner with Ontario on Cross-Border Mobility Technologies

MEDA Blog Post
The Wave of Potential Job Losses in Michigan that Doesn’t Need to Take Place!

MEDA Members in the News
HomeStretch Housing Project, Riverfront Plaza Eyed For Downtown TC

Economic Development Around the World
World Economic Forum to Establish Global Centre for Urban Transformation in Detroit

8/16/21

MSU Fund Michigan Rise Gets $6.5 Million from State for Early-stage Funding

Economic Development Website Design Project Planning Guide

MEDA Members in the News
Michigan Works! Association Announces Ryan Hundt As Chief Executive Officer

St. Joseph Automation Manufacturer Expanding, Adding 20 Jobs to Support Growth

West Michigan Reverses Chicago Exodus, Gaining Residents as State Stagnates

Economic Development Around the World
Will Massive Federal Outlays Finally Close Digital Divide?

8/9/21

53 Voices Challenges for Female Entrepreneurs

Michigan Retains #1 Spot for Automotive Manufacturing 

What's in Federal Infrastructure Bill for Michigan Roads, Bridges, Transit, EVs

MEDA Blog
How the Marketing and Business Development Funnel Drives FDI and Business Attraction

MEDA Members in the News
Three VB Companies Recognized for Creating Economic Growth

Economic Development Around the World
The Benefits of EDO-DMO Collaboration and Smart Place Branding Initiatives to Attract Talent

8/3/21

New Flint Partnership to Combine Education, Job Training Efforts of Three Organizations

$300 Discount for Site Selector Database

The Best (and Worst) Cities for Living on $15/Hour

MEDA Blog Post
How the Marketing and Business Development Funnel Drives FDI and Business Attraction

MEDA Members in the News
New Opportunities for Small and Mid-size Blue Water Manufacturers to Embrace Industry 4.0

Economic Development Around the World
House-Rich, Cash-Poor: The Worst and Best Cities in America Ranked

7/26/21

Michigan Invests in Its Talent Ecosystem

Centrepolis Accelerator Awarded a Regional Industry 4.0 Readiness Grant​​​​​​​​​​​​​​

NEW MEDA Blog Post!
How the Marketing and Business Development Funnel Drives FDI and Business Attraction 

MEDA Members in the News
Grand Rapids Offers Grants to Businesses in Neighborhoods of Focus

Royal Oak Social District Opening Brightens Business Hopes

Economic Development Around the World
How Rural Areas Can Build Their Knowledge Economy

7/19/21

Michigan Mobility Funding Platform

Entry Point Seeking Small Businesses to Feature for a Special Edition of The Cackle

Detroit Internet Exchange Granted Tax-exempt Status, Members Include Google, Amazon, and Microsoft 

MEDA Members in the News
Christmas in July Campaign Aims to Boost Small Businesses in Macomb County

Economic Development Around the World
Americans' Shift to Be Their Own Bosses is Lasting In Pandemic

7/12/21

GVSU Named a 'Best for Vets' College by National Outlet

Funding Available to Commercialize Advanced Computing Technologies

MEDA Members in the News
U-M’s Economic Growth Institute Joins Effort to Ease Disruption from Nuclear Facility Closure

Economic Development Around the World
As California and Texas Face Blackouts, Data Centers See Opportunity

What’s Driving Record Industrial Real Estate Demand

7/6/21

Policymakers Offer Proposals to Fix Three Upcoming Tax Changes

Report: Michigan’s Legal Cannabis Industry Hits $3B

NEW Blog Post!
Accelerating Our Advantage: Talent, Research & Innovation

MEDA Members in the News
SAGE Club Partners with MADE to Bring Fresh Produce to Northern Flint Community

Economic Development Around the World
Life Sciences on the Rise - North American Report

Remote Work Won’t Save the Heartland - A Brookings Report

6/28/21

Michigan Approves $2.2 Billion for Food, Housing, Government and Disaster Assistance

Rural Placemaking Innovation Challenge Application Deadline July 26

Michigan Restaurant and Lodging Association Launches Safe Dining Program

MEDA Members in the News
Governor Whitmer Announces 350 New Manufacturing and Logistics Jobs, Transformational Placemaking Projects in Benton Harbor, Houghton

Economic Development Around the World
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts

Top Cities Where U.S. Manufacturing Is Thriving

6/21/21

Furniture Industry Panel Discusses Supply Chain Issues, Addressing Challenges

Huntington Bank Commits $1 Billion in Detroit Region for Lending Initiative for Minorities, Underserved, Small Businesses

City of Charlevoix Establishes First Housing Conservancy

NEW MEDA Blog Post!
ARPA Treasury Guidance Begins to Rollout

MEDA Members in the News
Get Ready For This Historic Four-Story Renovation Happening in Kalamazoo

Economic Development Around the World
Countries Lavish Subsidies and Perks on Semiconductor Manufacturers as a Global Chip War Heats Up

6/14/21

SBA Community Navigator Pilot Program Grant Opportunity

Governor Whitmer Announces Award Recognizing Michigan as Top State for New Manufacturing Jobs and Investment

Economic Development Around the World
Economic Development Research Partners Free Report: How Economic Developers Are Expanding Broadband Access

6/7/21

IEDC Launches Equitable Economic Development Playbook

Whitmer Order Expands 'Essential' High-speed Internet to Communities Across the State

Autocam Medical Announces New $60M Building in Kentwood

MEDA Members in the News
Faris Alami Named to Franklin University Advisory Board

Site Readiness Programs Breathe New Life into Neglected Properties

Vacant Cadillac Stamping Plant Being Demolished to Clear Way for New Industrial Facility; Detroiters Being Prioritized to Fill 450 Jobs Created There

Economic Development Around the World
Not-so-remote Areas With Internet ‘Black Holes’ Renew Fight for Broadband

6/1/21

Michigan Leads Venture Capital Growth in Great Lakes Region

How Cities Can Receive Funding From The Outdoor Recreation Legacy Partnership Program

GVSU Study Confirms Gaps in Entrepreneurial Support

NEW! MEDA Blog Post
REAL ESTATE ALERT FOR MEDAers (Part I) - ENVIRONMENTAL DUE DILIGENCE . . . why a Phase I is the best money you can spend 

MEDA Members in the News
U.P. Perspective: The Housing Issue

Economic Development Around the World
The Rise of Pedestrian-First Streets

5/24/21

Michigan Food and Agriculture Exports Jump Nearly 19% to $2.2B in 2020

NTIA Infrastructure Grant Program Informational Webinar on May 26th

Quentin L. Messer, Jr. Appointed MEDC CEO 

MEDA Members in the News
Lenawee Now Honored by Mid-America Economic Development Council

Economic Development Around the World
Talent on the Move; Where People Live and Work after COVID-19 - Download Full Report with Strategies on How to Take Advantage of the Trends

5/17/21

Biz Group Floats Work Grant; Federal Aid Higher Than Thought

Kirk Steudle Leading Development of Oakland County's Strategic Mobility Plan

Real Estate Insider: Here's What it Will Cost You to Build Out an Office This Year 

MEDA Members in the News
Auto Supplier Leasing Former Delphi Facility With Plans to Create Dozens of Jobs

Lakeshore Advantage Receives Grant to Help Local Manufacturers With Industry Readiness

5/10/21

Location Matters 2021: The State Tax Costs of Doing Business (Tax Foundation Study)

Digital Strategies for Successful International Online Sales - Trade Talk Tuesday (Free Recording from U.S. Commercial Service) 

MEDA Members in the News
20 Under 40 Overall Winners: No. 7 Jenifer Acosta

Bold Advanced Medical Future Health Plans Grand Rapids, Michigan, Headquarters

DBusiness 30 in Their 30's Class of 2021

This CARES Act Project Gives 3D Printers To Michigan Manufacturers To Make Medical Devices—And A Whole Lot More

Economic Development Around the World
American Factories are Desperate for Workers. It's a $1 Trillion Problem

5/3/21

Global Life Sciences Innovator Investing $30M to Establish Headquarters Along Grand Rapids’ Famed Medical Mile

Ford Announces Global Battery Center of Excellence in Michigan

MEDA Members in the News
Is Your Delegation Building Trust, Engagement, and Opportunity? (Podcast)

Michigan’s University Research Corridor: The Impact of Research Institutions on the Entrepreneurial Ecosystem

SEDP - SBA Restaurant Revitalization Fund (Recorded Webinar)

Economic Development Around the World
Survey: Business Economists More Optimistic About US Growth

4/26/21

Make It Marquette Launches as Talent Attraction Initiative for Digital and Remote Workers

Several Funding Opportunities for Rural Infrastructure from USDA Rural Development

Consumers Energy, Mott Community College Partner on Lineworker Training Program

NEW MEDA Blog Post!
Remote Ready Communities

MEDA Members in the News
Michigan Venture Capital Association Releases 2021 Research Report

Next Move Group's "We Are Jobs" Podcast Featuring Jeremiah Gracia, Director of Economic Development, City of Grand Rapids

Economic Development Around the World
Renewed Focus on University Tech Transfer Drives Life Sciences Innovation

4/19/21

2021 Manufacturing CFO Outlook Survey

Pure Michigan Regional Advertising Campaign Launches

MEDA Members in the News
Benton Harbor’s Kinexus Group Tabbed Among Nation’s Best Nonprofits for 5th Year Running

The Most Important Element of Your Economic Development Website – Part 1

Economic Development Around the World
The Entrepreneurship Boom of 2021: A Once-in-an-Economic-Development-Career Opportunity

4/12/21

Michigan Furniture Industry Symposium

MEDC's New Michigan Opportunity Podcast

Calling All Entrepreneurs! Apply Now for Walmart’s Annual Open Call for Products Made, Grown or Assembled in the U.S. 

MEDA Members in the News
Farmington Earns State "Redevelopment Ready" Honors

Economic Development Around the World
America’s Top Sites for Business Prosperity and an Enjoyable Life

4/5/21

States are About to See a Historic Infusion of Funding to Help Entrepreneurs 

Future Mobility and Economic Opportunity (Webinar Recording)

Free Michigan STEM Forward Information Session on 4/8

MEDA Members in the News
BuyDetroit Program Launches April 1 

Economic Development Around the World
New Tax Incentives for Commercial and Industrial Automation Integrators

3/29/21

MSF Approves support to Strengthen Michigan’s Talent Pipeline, Continue Economic Recovery with Business Growth, Community Revitalization Projects

Washtenaw County Tech Leaders Advocate for Their Industry to Define "talent" by More Than a Degree

MEDA Members in the News
Attracting Remote Workers to Your Community: 3 Must-read Articles

MADE Institute Founder Gains Statewide Attention for Work With Formerly Incarcerated Residents

Economic Development Around the World
First of its Kind: Ramsey County's Economic Competitiveness & Inclusion Plan

3/22/21

Michigan Statewide Housing Plan Survey

Facebook COO Announces Free Training for Michigan Small Businesses

MEDA Members in the News
Macomb County EPA Brownfield Assessment Grant Funding Now Available, PM Environmental Selected as Authorized Consultant

Special-Lite Expands Benton Harbor, Michigan, Production Complex

Zach Morris and Tyler Rossmaessler Make DCI 40 Under 40 List This Year

Economic Development Around the World
17 Reasons to Let the Economic Optimism Begin

3/16/21

Connecting Michigan Virtual Tour Recordings

Economic Development Week is May 9-15

2021 Virtual Making It In Michigan Summit Connects Agricultural Entrepreneurs with Buyers

MEDA Members in the News
China Township Entrepreneurs Have a Solution for COVID-era Grocery Drop-offs

Economic Development Around the World
What Do Real Estate Trends Tell Us About the Migration Back to Cities?

3/9/21

Representative Kyra Bolden Receives 2021 MEDA Legislative Economic Development Champion Award

Representative Mark Huizenga Receives 2021 MEDA Legislative Economic Development Champion Award

Senator Sean McCann Receives 2021 MEDA Legislative Economic Development Champion Award

Senator Jim Stamas Receives 2021 MEDA Legislative Economic Development Champion Award

3/8/21

Free MMTC Webinar on Ways to Tackle the Talent Shortage

Michigan Climbs in National FDI Ratings

State Distributing $10M in Marijuana Payments to Local Governments

Economic Development Around the World
'Eye-popping Decline' in U.S. Mall Values

3/1/21

Michigan's Top Executives See Economic Optimism, Return to In-person Work in Next 6 Months

MDARD's Value-Add / Regional Food Systems Grants - Proposals Due March 18th

Removing Barriers for Underserviced Communities: A Conversation with the U.S. Black Chambers, Inc. (YouTube Video)

MEDA Members in the News
Task of Economic Development in 2021 (YouTube Podcast)

Economic Development Around the World
Foreign Investors Load Up on U.S. Warehouses

2/22/21

Creating Opportunities for Equality Along the Supply Chain

MRLA Outlines Reopening Plan for Hospitality Industry

Deadline Approaching: Register for the First Michigan Outdoor Industry Supplier Summit

MEDA Members in the News
Building Detroit: Black Developers Are Key To Detroit’s Comeback

Economic Development Around the World
Some Shifts of Focus on State COVID-19 Legislation

2/16/21

Pew Research: How States Can Direct Economic Development to Places and People in Need

Report: Kent County One of Most Resilient Counties in US

Connected Michigan Statewide Broadband Listening Tour February 23 - March 4

Comcast to Award $1M Grants to Minority Small Businesses in Detroit

MEDA Members in the News
As More People Work from Home, Communities Focus on Attracting Residents

Lake Superior Community Partnership Names Sarah Lucas as Next CEO

​​​LSCP Event Will Give Fond Farewell to Long-Time CEO, Amy Clickner, and Welcome Sarah Lucas

Economic Development Around the World
Tax Foundation: State Corporate Income Tax Rates and Brackets for 2021

2/8/21

Michigan’s New, Free Community College Program: What You Need to Know

Consumers Energy Foundation Planet Awards

Detroit Regional Partnership’s Verified Industrial Properties (VIP) Program Survey - for Detroit Region Members

MEDA Members in the News
Consumers Energy Picks Downtown Royal Oak for ‘Our Town’ Initiative

Economic Development Around the World
Empty Office Buildings are Still Devouring Energy. Why?

2/1/21

Workforce Collaborative Awarded $10M for Workforce Cybersecurity, Automation Training

How Cities and Towns Can Bounce Back in the Post-pandemic Era

Upper Peninsula Food Processing Support Program Pitch Competition

MEDA Members in the News
'Cohabiting Has Already Paid Dividends': Central Location Paying off for Manistee Organizations

Talent on Tap - The Detroit Region's Momentum is Powered by People.

Economic Development Around the World
Call for Entries: IEDC 2021 Excellence in Economic Development Awards

1/25/21

MEDA Releases 2020 Annual Report

Relaunch Michigan Online Global Programs

Apple to Open Developer Academy in Detroit, First in US​​​​​​​

MEDA Members in the News
Rural Stakeholders Comment on New Office of Rural Development

Economic Development Around the World
National Governors Association's State Roadmap for Workforce Recovery - Free Report

1/19/21

Charge Up Michigan's Electric Vehicle Charger Incentive

SBA Launches Ascent for Growth-Oriented Women Entrepreneurs

Electric Last Mile Locates Global Headquarters in Troy, Michigan

MEDA Members in the News
Canada-Based AGS Automotive Systems Expands Sterling Heights, Michigan, Operations

Economic Development Around the World
CBRE: Flex Office Sector to Emerge as a Key Component in Evolution of Workplaces

1/11/21

COVID-19 Slowed but Didn't Stop Construction Boom in Muskegon's Downtown

'A Common Hymnal'; How Brad Garmon Builds Resilience in Michigan's Outdoor Community

MEDA Members in the News
How to Promote Your City, County and Region Using Location Advantages Marketing

MARC MILLER: Lakeshore Hotel Will Support Our Economy, Local Businesses

Economic Development Around the World
IEDC's "Leading in a Time of Crisis" Video Series

1/4/21

How to Boost Long-run Growth After COVID-19 (Brookings Report)

Despite Crisis, Automakers Kept Investing in Assembly Plants

MEDA Members in the News
EDA Helps More than 350 Businesses, Manages $1.5M in Grants During Pandemic

Kathy Jo VanderLaan Announces Retirement from The Right Place

12/28/20

Michigan Made Gift Guide

​​​​​​​State Issues RFP For Apprenticeship Funding To Train Underrepresented Populations

Governor Whitmer Appoints Detroit CFO Dave Massaron as New State Budget Director

MEDA Members in the News
Cornerstone Alliance Accepts 20 New Families in “Move to Michigan” Campaign

Economic Development Around the World
Defining Key Siting Criteria Will Lead to a Perfect Location Match

12/21/20

NEW MEDA Blog Post: Partnership News and Views: ‘Twas The Night Before Amy’s Christmas

The Right Place Selects Randy Thelen as New CEO

​​​​​​​Job Openings in Manufacturing Hit All-Time High

Michigan Spends $8.5M to Push Small Manufacturers to Become ‘Digital Ready’

MEDA Members in the News
Manufacturing Expected to Continue Leading West Michigan’s Economic Recovery

12/18/20

Mary Myers Elected to Three-Year Term on MEDA Board of Directors

Alan Weber Elected to Three-Year Term on MEDA Board of Directors

John Wolf-Meyer Elected to Three-Year Term on MEDA Board of Directors

12/14/20

$6M invested for Corktown community benefits, Ford says

As Pfizer prepares to ship COVID-19 vaccine, Michigan manufacturing plant takes center stage

12/7/20

Reposition Revolution: Rethinking How Office Buildings Relate to their Neighborhoods

Cinnaire Solutions Partners with Olympia Development of Michigan & the City of Detroit to Pursue Advancement of Affordable Housing in Detroit

MEDA Members in the News
Business to Invest $1.5 Million in City

Transforming Manistee

Economic Development Around the World
Four Local Housing Policy Implications from the 2020 Elections

12/4/20

Senator Dale Zorn Receives MEDA's Legislative Economic Development Champion Award

11/30/20

Positive Signs of Economic Growth Despite Spike in COVID-19 Cases

Cold Storage Is Hotter Than Ever

MEDC International Trade and Development Internship Program

MEDA Members in the News
Birgit Klohs: “We have to change to stay ahead of the game.”

Why Site Selectors Love West Michigan's Medtech Hub

Economic Development Around the World
The future of work is already happening. Companies need to get ahead of the trends to stay competitive.

11/23/20

Boyne City to Add to Workforce Housing Inventory

Monroe County Branded ‘Michigan’s Cornerstone’

Wayne State University's Mobility for All Competition

MEDA Members in the News
NMU, InvestUP add 31 Jobs to Iron River Call Center

Economic Development Around the World
Survey: Companies 3 Times More Willing to Hire Remote Workers Anywhere in US or World

11/16/20

Report Finds Grand Rapids Has Largest Share of Manufacturing Jobs in US

Michigan Makes Site Selection’s Top 3 “Top FDI States” in the U.S.

Michigan Legislation Would Make it Easier for Veterans, Family Members to Find Work

MEDA Members in the News
Battle Creek Economic Development Organization to Upgrade Downtown McCamly Plaza Hotel

Ingrid Tighe is a Crain's 2020 Notable Veteran

Economic Development Around the World
Heightened Investor Interest in Data Centres Amid Societal Changes

The Unexpected Boom In Startups

11/9/20

Back to Michigan Event Schedule and Registration

Gov. Whitmer Announces U.S. Small Business Administration Relief for Eligible Businesses Impacted by Excessive Rain

Virtual DTE Supplier Meet & Greet: Supplier Application

MEDA Members in the News
BCU Unveils $500,000 Program to Draw Talent to Battle Creek

Lansing-East Lansing MSA Ranked Top 25 Midwest Startup City

Economic Development Around the World
Site Selection Magazine's 2020 Business Climate Rankings

11/2/20

The Going PRO Talent Fund Application Period for Fiscal Year 2021 Opens Today!

Kroger Investing $95 Million in New High-tech Fulfillment Center in Romulus

Ecorse Moves Forward with Plans to Redevelop Mill Street Industrial Site

MEDA Members in the News
Gift Card Stimulus Program Raises $120K for Bay County Small Businesses Affected by Pandemic

Economic Development Around the World
Export Nation - A Global Business Podcast, Presented by the U.S. Commercial Service (Podcast)

10/30/20

James McBryde Receives Michigan Economic Developers Association's 2020 MEDA Medalist of the Year Award

Scott Fleming Receives Michigan Economic Developers Associations' 2020 Mike Conboy Professional Development Award

10/28/20

Bruce Seymore Receives Michigan Economic Developers Association's 2020 Robert Sieghart Award for Enthusiasm for the Economic Development Profession

Jake Eckholm Receives Michigan Economic Developers Association's First Ever Emerging Star Award

Marsha Madle Receives 2020 Michigan Economic Developers Association President's Award

10/26/20

Fourth Economy's Michigan Community Index

Registration Open for Upcoming Supplier Diversity Events

General Motors to Invest $100 Million into Delta Township Plant

New $555M Dairy Processing Operation in St. Johns Took First Deliveries of Milk Tuesday

MEDA Members in the News
Detroit Regional Partnership Receives Two IEDC Excellence in Economic Development Awards

Economic Development Around the World
Tax Foundation's 2021 State Business Tax Climate Index

10/19/20

Rural Michigan City Named the ‘Nicest Place in America’ in 2020

DNR Plans to Replace Newberry Facilities with State-of-the-art Mass-timber Building

MEDA Members in the News
From Field to Four Stories, Broadway Lofts Coming Soon

Economic Development Around the World
Small Business Owners Add Curbside Pickup, FaceTime Virtual Shopping, Online Sales to Compete this Holiday Season

10/12/20

Gov. Whitmer Announces Initiatives to Increase High-speed Internet Across Michigan

Michigan Celebrates Small Business - Nominations Being Accepted

Great Lakes Research Center Becomes Newest PlanetM Testing Facility Partner

MEDA Members in the News
PM Environmental's Elizabeth Masserang Selected as ACG Detroit Board Member

10/7/20

10 Ways to Prioritize Your Capital Improvement Plan (CIP) During Economic Uncertainty

Michigan Supplier Community (MiSC) Program Can Expand Opportunities for Small Businesses in Your Community

MEDA Members in the News
InvestUP Welcomes U.P. Native Amy Berglund as Director of Business Initiatives

Economic Development Around the World
The Future of Cities: Where do we go from here?

9/30/20

Birgit Klohs to Speak at MEDA's 60th Anniversary Annual Meeting Prior to Retirement - Nearly 43 Years After Joining the Association

9/28/20

Michigan Limits Spending Cuts to $250M Under Revamped Budget Plan for 2021

Ford Motor Company Building A $700 Million Electric Truck Facility In Dearborn

2020 Michigan Rail Availability and Contacts Brochure from the Michigan Railroads Association

MEDA Members in the News
Gerber Products to Expand Fremont Manufacturing Facility

Resilient and Responsive - Michigan overcomes a pandemic and historic flood to move business forward.

Economic Development Around the World
Manufacturing Scorecard 2020

9/21/20

Will Bank of America’s $1 Billion Investment in Local Economies Grow Tenfold?

Fifth Third Bank Announces $1.2 Million Program To Help Black Female Entrepreneurs

Virtual Meetings App for Economic Development

MEDA Members in the News
Detroit Startup Airspace Link Builds Advanced Digital Drone Infrastructure with Industry Partner Detroit Aerotropolis

Economic Development Around the World
The Uncertain Future of Corporate HQs

9/14/20

Hotels are Closing as Tourism Plummets. This Company is Turning them into Affordable Housing.

High-tech Farming Could Seed an American Rural Renaissance, say Paul Schickler and John Austin

MEDA Members in the News
Cornerstone Alliance Offers Businesses Cleared for ReOpening $5K Opportunity

Excel Engineering Opens Engineering and Testing Facility in Detroit Region

Musician Ara Topouzian Re-appointed to Michigan Council for Arts and Cultural Affairs by Governor Whitmer

Economic Development Around the World
The Best Economic Development Websites of 2020

9/8/20

Huntington Bank Launches $5 Billion Lending Initiative in Michigan

Investment Firm with Ties to WMU Launches $50M Fund to Acquire Local Companies

MEDA Members in the News
Officials Announce Effort to Rebuild Sanford Homes

Economic Development Around the World
Estimating the Impacts of EDA Public Works Program Investments on County Employment

2020 Top States for Doing Business Showcase Their Pro-Business Environments

8/31/20

Ann Arbor Startups Still Strong During Pandemic, Report Finds

Business Accelerator Fund Receives Additional Funding to Build on Support for 53 Companies During Outbreak

CEOs Optimistic, Invest in Tech as Result of COVID-19

MEDA Members in the News
Clearcover, a Leader in Car Insurance Tech Selects Detroit for New Customer Operations Hub

Economic Development Around the World
Digital Works Celebrates 1,000th Job Placement - How the Program Provides a Path to Better Workforce Development

8/24/20

Workshare Program Saved Michigan's Unemployment Fund $212 Million

Clinton Township Hires First Economic Development Director

Chamber Survey Highlights Impact of Workforce Productivity Due to Child Care Demands

MEDA Members in the News
Detroit-to-Ann Arbor Self-driving Vehicle Corridor Aims for National Leadership

HEART Launches Facade Improvement Grants

Economic Development Around the World
America’s College Towns Are Facing an Economic Reckoning

8/17/20

Amazon Looks to Open $400-million Distribution Center at Michigan State Fairgrounds in Detroit

MSU and MEDC Announce New Entrepreneur Fund, Applications Open Aug. 10

MEDA Members in the News
Flint and Other Areas Get ‘Placemaking Mini-grants’ to Help Transform Communities

Lake Superior Community Partnership Announces Amy Clickner to Retire as CEO in 2021

Lakeshore Advantage Received 887 Restart Grant Applications

Lansing’s Resilient Economy and Midsize Market Status Combine to Make the Region A Top Location in the Post-COVID United States

Public Sector Consultants Receives Federal Women-Owned Small Business Certification

Economic Development Around the World
Navigate 2020: Finding Global Opportunities During Uncertain Times (recorded webinar)

8/10/20

5 VCs on the Future of Michigan’s Startup Ecosystem - Our Annual Meeting will have a keynote session on Your Role in a Healthy Venture Capital Ecosystem!

What's Next: While Uncertainty Sown by the Pandemic Lingers, Here's a Look Over the Horizon - Crain's Special Report

Professional Development Space For Young Workers To Open In Mt. Clemens

MEDA Members in the News
Birgit Klohs Retiring from The Right Place
Jim McBryde | MMDC to Distribute $200K to Small Businesses (video)

Economic Development Around the World
Long-Term Approaches to Preventing Evictions Now and Beyond COVID-19

8/3/20

Manufacturing in Michigan's Metropolitan Areas Bounced Back Last Month, 76,800 Net New Jobs 

Fast 50 2020: Southeast Michigan's Fastest-growing Companies 

Northern Wings Creates Economic Growth in Luce County, Hopes to Educate Youth on Trade Skills

MEDA Members in the News
New Blog Post! Recovery - a return to a normal state of health, mind, or strength.
Program to Deliver $1.2 Million in Grants to Struggling Small Businesses Will Provide Economic Relief

Economic Development Around the World
Community Branding: How Communities Preserve Personality
Could a Post-Pandemic National Industrial Strategy Advance the Cause of Advanced Manufacturing?

About MEDA

The Michigan Economic Developers Association (MEDA), founded in 1960, exists to advance economic development throughout Michigan, and increase the individual member’s effectiveness in the economic development profession. The association’s goal is to provide a variety of services and programs that will enhance ability and skills in economic development.

Through in-person and virtual education on peer-developed topics, legislative updates, in-person and virtual networking opportunities, leadership development, mentoring, and much more, MEDA makes it possible for economic development professionals statewide to accomplish their goals more efficiently and effectively.

Our Vision

Leading Michigan's economic development through education, networking, and advocacy on economic development.

Our Mission

To undertake education, networking, and advocacy on economic development for and in support of our members, partners, and stakeholders.

Sponsor MEDA

Sponsor for WebpageSponsoring MEDA will provide maximum exposure to Michigan's economic development community for your organization and its services, thereby creating new customers and building new relationships that will enhance your growth.

Sponsoring MEDA shows your support for the strength of Michigan's economy as the opportunities support professional development that helps economic developers to be more efficient and effective in their work.

MEDA is a 501 (c) 3 non-profit.

If you do business with or seek to support any of the following, please consider MEDA sponsorship:

Brownfield Redevelopment - Business Finance - Chambers of Commerce - Community Development - Consulting - Downtown Development - Environmental Consulting - Higher Education - Municipalities - Planning - Private and Public Economic Development Organizations - Real Estate Development - State Agencies - Utilities and Infrastructure - Workforce Development - Others interested in economic development

How to Sponsor

If you and your company have decided that you would like to sponsor, please call MEDA at 517-241-0011 or contact Cassandra Jorae at This email address is being protected from spambots. You need JavaScript enabled to view it..

Thank You Sponsors

2020 Sponsors

2019 Sponsors

A Benefit for All

With any sponsorship package that you select, your name remains on our website for two years via the pages above.

Sponsorship Opportunities

Annual Meeting

Enjoy the opportunity to meet, greet, and generate new business, by sponsoring our premier event, which brings our members together for 3 - 4 days to learn, brainstorm, and network. A variety of economic development topics are covered, and nationally recognized experts are featured to give participants the latest information.

Sponsoring MEDA's Annual Meeting shows support for the economic development community throughout Michigan and provides several opportunities to build connections with them throughout the year.

Use the links below to learn more about MEDA's mission and membership, our Annual Meeting, and the sponsorship packages available with their cost and benefits. You can even commit today using the form.

Annual Meeting webpage: www.medaweb.org/annualmeeting

MEDA Annual Meeting Overview

Annual Meeting Sponsorship Packages and Benefits - Updated 6/2

Sponsorship Form - Updated 6/2

*If you would like to sponsor a specific portion - such as a session - please contact Cassandra at This email address is being protected from spambots. You need JavaScript enabled to view it..

Corporate Sponsorship

Corporate packages support the Association’s goals throughout the year and provide exclusive benefits.

BOTH PACKAGES INCLUDE

Recognition and Benefits

  • Logo on Each Page of MEDA Website
  • Logo on Event Handouts for All Events
  • Logo on Sponsorship Screen Display at All Events
  • Sponsorship of Annual Meeting
    • Profile on Annual Meeting Sponsor Spotlight Webpage
    • Electronic Mailing List of Attendees
    • Exhibit Table
    • Logo on Event Emails
    • Listing in Main Brochure
    • Listing in Onsite Brochure
    • Social Media Promotion
    • Verbal Recognition

SELECT ($6,000)

Additional Benefits

  • 3 Individual Memberships

ELITE ($13,000)

Additional Benefits

  • 5 Individual Memberships
  • 5 Complimentary Registrations to All Educational Programs*
  • 2 Economic Development Basic Course Scholarships

Additional Recognition

  • Logo on all MEDA Membership Newsletters
  • Logo on all Job Postings
  • Logo on all Help A MEDA Fellow Member Requests

Additional Annual Meeting Sponsor Benefits

  • Opportunity to Address the Audience

*Excludes MEDA-hosted courses for nationally-recognized certification, such as IEDC and NDC certification courses, in which individuals are charged based on their membership status.

Webinar Sponsorship

MEDA's webinar program took off in 2020 and will continue moving forward. You can support a webinar to build recognition among Michigan's economic development community and/or show your support for the topic presented.

Webinar Sponsorship Package ($350)*

  • (2) Complimentary Registrations
  • Opportunity to Address the Audience: Introduce yourself and your organization at the beginning of the webinar!
  • Electronic Mailing List of Attendees
  • Event Emails: 2 to 3 emails per webinar to approx. 3,500 contacts
  • Program Webpage: Your logo, a brief description, and a link to your website.
  • Social Media Promotion: 1 post on each of MEDA’s social media pages: Facebook (781 likes 986 follows), Twitter (2,063 follows), LinkedIn (2,265 follows)
  • Sponsor Screen Display: Your logo, contact information, and website are on display during the audience address.

*Limited to one sponsor per webinar.

Join MEDA

The Michigan Economic Developers Association exists to increase members' knowledge and understanding of economic development.

Since 1960, MEDA has provided services and programs that enable our members to be more effective in attracting and retaining businesses that provide quality employment for communities around the state. MEDA primarily focuses on giving members opportunities to learn, advocate, and network for the benefit of Michigan's economic growth. Our efforts help economic developers make Michigan a better place to work, live, and play.

Being a member of MEDA, you will benefit from:

  • Education – MEDA programs are consistently high quality and designed to meet the needs of our members.
  • Networking – An unmatched peer group comprised of some of the finest economic development practitioners in the nation.
  • Economics – You save over $250 annually by attending MEDA programs at the member rate.

Activities, Programs, and Services

MEDA members are provided programs and services that enhance the economic development education, networking, and advocacy activities that are essential to their careers.

Membership Profile

MEDA membership consists of professionals from the following areas of economic development throughout the entire State of Michigan:

  • Brownfield Redevelopment
  • Business Finance
  • Chambers of Commerce
  • Community Development
  • Consulting
  • Downtown Development
  • Environmental Consulting
  • Higher Education
  • Municipalities
  • Planning
  • Private and Public Economic Development Organizations
  • Real Estate Development
  • State Agencies
  • Utilities and infrastructure
  • Workforce Development
  • Others interested in economic development

Corporate Sponsors

consumers-energy DTE Logo Small
michigan-economic-development-corp  

Website Sponsor

consumers-energy

Contact Us

Michigan Economic
Developers Association
P.O. Box 15096
Lansing, MI 48901-5096
PH: 517-241-0011
cjorae@medaweb.org

Join Our Mailing List

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