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Michigan Strategic Fund (MSF)

Michigan Strategic Fund (MSF)

The MSF was created by P.A. 270 of 1984 and has broad authority to promote economic development and create jobs. The MSF board has the following responsibilities:
Approve grants and loans under the Michigan Business Development Program;
Approve grants and loans under the Michigan Community Revitalization Program;
Approve the use of Private Activity Revenue Bonds;
Authorize the submittal by local units of government of Community Development Block Grant applications;
Recommend to the State Administrative Board Agricultural Processing, Renewable Energy and Forest Products Processing Renaissance Zone designations;
Approve Tool and Die Renaissance Recovery Zones; and
Act as the fiduciary agent with respect to the 21st Century Jobs Fund investments;
Pursuant to statute, the Chief Compliance Officer provides advice and guidance in regard to the 21^st Century Jobs Fund.
Michigan Economic Growth Authority (MEGA) Board
The MEGA Board was created by P.A. 24 of 1995 with the authority to promote economic growth and job creation and to redevelop brownfield sites in Michigan. Governor Snyder signed Executive Order 2012-9 on June 26, 2012 abolishing the MEGA Board and transferring the various responsibilities of the MEGA to the Michigan Strategic Fund effective August 25, 2012. The MSF will have the authority to approve the following:
Approve and authorize the use of school operating taxes for non-environmental
Amend existing MEGA Brownfield credits
Amend existing MEGAs
Amend existing Michigan Business Tax Credits
Click here to read MSF Decision Documents.
Pure Michigan Venture Match Fund Quarterly Report
MSF Delegated Authority PMVMF Quarterly Update September 30, 2012
MSF Loan Portfolio Delegated Authority Quarterly Updates:
MSF Loan and Grant Delegated Authority Quarterly Update September 30, 2012
MSF Loan and Grant Delegated Authority Quarterly Update June 30, 2012
MSF Loan and Grant Delegated Authority Quarterly Update March 31, 2012
MSF Loan and Grant Delegated Authority Quarterly Update December 31, 2011
MSF Loan and Grant Delegated Authority Quarterly Update September 30, 2011
MSF Loan and Grant Delegated Authority Quarterly Update June 30, 2011
MSF Loan and Grant Delegated Authority Quarterly Update March 31, 2011
MSF Loan and Grant Delegated Authority Quarterly Update December 31, 2010
MSF Delegated Authority Monthly Update:
MSF Delegated Authority Monthly Update October 2012
MSF Delegated Authority Monthly Update September 2012
MSF Delegated Authority Monthly Update August 2012
MSF Delegated Authority Monthly Update July 2012
MSF Delegated Authority Monthly Update June 2012
MSF Delegated Authority Monthly Update May 2012
MSF Delegated Authority Monthly Update April 2012
MSF Delegated Authority Monthly Update March 2012
MSF Delegated Authority Monthly Update February 2012
MSF Delegated Authority Monthly Update January 2012
MSF Delegated Authority Monthly Update December 2011
MSF Delegated Authority Monthly Update November 2011
MSF Delegated Authority Monthly Update October 2011
MSF Delegated Authority Monthly Update September 2011
MSF Delegated Authority Monthly Update August 2011
MSF Delegated Authority Monthly Update July 2011
MSF Delegated Authority Quarterly Update:
MSDF / SSBCI Delegated Authority Quarterly Update December 31, 2011
MSF / SSBCI Delegated Authority Quarterly Update September 30, 2011
MSDF / SSBCI Delegated Authority Quarterly Update June 30, 2011
MSF / MSDF Delegated Authority Quarterly Update March 31, 2011
MSF Board Meeting Dates:
All meetings are held at the MEDC Lansing Office, Lake Michigan Conference Room, at 1:30 p.m.; 517.241.2244.
Wednesday, June 26, 2013
Wednesday, July 24, 2013
Wednesday, August 28, 2013
Wednesday, September 25, 2013
Wednesday, October 23, 2013
Wednesday, November 20, 2013
Wednesday, December 18, 2013
MSF Board Meeting Minutes:
April 24, 2013 >Minutes
March 27, 2013 >Minutes
February 27, 2013 >Minutes
January 23, 2013 >Minutes
December 19, 2012 >Minutes
November 28, 2012 >Minutes
October 24, 2012 >Minutes
September 27, 2012 >Minutes
August 22, 2012 >Minutes
July 25, 2012 >Minutes
June 27, 2012 >Minutes
May 23, 2012 >Minutes
MSF Board Members
January 2013

Michael A. Finney, Chairperson**
President & Chief Executive Officer
[MSF Board President & Chairman]
Michigan Economic Development Corporation

Steven Arwood*
Director
Michigan Department of Licensing & Regulatory Affairs

Ron Boji
President
Boji Group

James C. DeNooyer
President
Treystar

Andy Dillon */**
State Treasurer
Michigan Department of Treasury

Michael J. Jackson, Sr. **
Executive Secretary
Michigan Regional Council of Carpenters

Sabrina E. Keeley
Chief Operational Officer
Business Leaders for Michigan

Bill J. Martin **
Chief Executive Officer
Michigan Association of Realtors

William Morris***
President & Chief Investment Officer
Prairie & Tireman, LLC

Richard Rassel***
Director of Global Client Relations
Butzel Long

Shaun W. Wilson
Vice President & Director of Client & Community Relations
PNC Financial Services Group

*MSF Investment Subcommittee member
**MSF Incentive Subcommittee member
***MSF Entrepreneurial Subcommittee member