In Michigan, a variety of economic development partners work together in cooperation with the Michigan Economic Development Corporation (MEDC) to give businesses the Michigan advantage. These partners help to drive economic growth in regions throughout the state, from large metropolitan to rural towns. In addition to serving in an advisory role to MEDC in policy and procedure, these partners also help to retain, attract and grow business in local communities.
FORMAL PARTNERSHIPS
The MEDC operates with two types of formal economic development partnerships:
INTERLOCAL PARTNERSHIPS
An Interlocal Partnership is a formal agreement for economic development that exists between the state and local units of government. It allows those local economic development corporations to appoint a representative to the Michigan Economic Development Corporation Board, which evaluates the performance of the MEDC and reviews the acts of the MEDC Executive Committee. Click here to see the Interlocal Agreement and a listing of MEDC's Interlocal Partners.
CORPORATE PARTNERSHIPS
The MEDC recognizes and appreciates that there are numerous other types of economic development agencies that also work very closely in partnership with the MEDC. These partners include various local agencies, utilities, and non-profit economic development organizations. To recognize these partnerships, the Corporate Partnership agreement was developed, which states that both entities will cooperate and assist each other in implementing economic development strategies that promote economic growth. Click here to see the listing of MEDC's Corporate Partners.
Other Regional and Local Economic Development Partners
There are other county and city organizations, as well as Chambers of Commerce, that function in the role of economic development in a particular region. These champions of economic growth work regionally to expand and attract business. Click here to see the list of the
MEDC's Other Partners.
If your organization is interested in becoming an MEDC partner, please email
Amy Banninga or call her at 517.241.2092.