Detroit Regional Partnership Applauds Approval of Incentives to Make Michigan More Economically Competitive
Funding key to attracting jobs and investments and retaining auto leadership
Today, the Detroit Regional Partnership applauded the Michigan Legislature for passing legislation that provides $1.4 billion to support job-creation incentives and provide support for small business. The legislation includes the new Strategic Outreach and Attraction Reserve which will help attract transformational projects and investment to this state.
“This legislation is much needed and will provide the opportunity for Michigan to win more key expansions while attracting new investment and jobs to our communities,” said Maureen Donohue Krauss, president and CEO of the Detroit Regional Partnership and current chair of Economic Development Leaders for Michigan.
“It is an important step in building out the economic development toolkit we need to beat out other states for major projects, create a more resilient economy, and retain our global automotive leadership. The Detroit Regional Partnership applauds the many who made this possible, and look forward to meaningful conversations going forward on next steps to make Michigan as competitive as possible.”
About the Detroit Regional Partnership
The Detroit Regional Partnership is a public-private economic development partnership focused on marketing and business attraction for the 11-county Detroit Region. It serves as a convenient single point of contact to all regional resources and works with companies and site selectors to help manage their projects and support their transition into the region. It specializes in helping companies understand and access the competitive advantages of our region – from workforce data to state and local incentives. Visit
www.DetroitRegionalPartnership.com to learn more.
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Media Contact:
Jim Martinez
Email:
Phone: 313-348-0424