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Michigan's Diversification Strategy

Michigan is a world leader in manufacturing innovation. This fact is being recognized by new and growing industry sector leaders as they choose Michigan manufacturers to make their products. To aid manufacturing companies in making a transition and capitalizing on this current challenge, the state has set out a Manufacturing Diversification Strategy.

If you are a manufacturing company looking to diversify into a new industry, the Michigan Economic Development CorporationSM (MEDC), along with local economic development partners and state supported service providers, are offering opportunities for companies to get connected with:

  • Significant information and industry experts related to the four growing industry sectors.
  • Potential funding for company diversification efforts.
  • Connections down the road with industry original equipment manufacturers (OEMs).

 

HOW DOES MY COMPANY GET INVOLVED?

STEP 1:   MAKING THE CONNECTION

  • Attend a Diversification Summit

 

STEP 2:   POST SUMMIT PROCESS

  • Complete Diversification Survey
  • Review and Recommendation by MEDC and Industry Experts

 

STEP 3:   TRAINING GRANTS

  • Develop and Implement Training Plan to Match Menu of Services
  • Matchmaking Opportunities

 

OTHER DIVERSIFICATION RESOURCES

 

FREQUENTLY ASKED QUESTIONS