Were writing a new story! And its... Slide 2 Were writing a new
story! And its... Slide 3 Economic Development Mission Drive Job
Creation and Investment Top 10 State Low Unemployment Per Capita
Income GDP Growth Young Adult Population Growth Slide 4 Economic
Gardening Nurturing existing firms primed for business growth Just
1% of all businesses nationwide create 40% of the new jobs. Slide 5
Pure Michigan Business Connect A new $8 billion public/private
initiative provides Michigan businesses with new ways to: Buy and
Sell Products/Services Connect with Each Other Raise Capital
Cultivate Growth Slide 6 Economic Gardening Access to Customers
Entrepreneurial Services Access to Talent Access to Business
Assistance Access to Technical Support Access to Entrepreneurial
Community Access to Real Estate Access to Capital Slide 7 Business
Connect Successes B2B: Consumers Energy Great Lakes Connect, East
Lansing Company was awarded a $2 million contract to deliver
high-tech broadband services 20 additional personnel Export:
Marquette Backcountry Ski Create a company with $100,000 investment
Cash flow positive in 1 year Entirely made in Michigan Slide 8 New
Tools for Business Growth Replacing a complex incentive-based way
of doing economic development with a restructured, tactical Toolkit
$100 million for business attraction and economic gardening $25
million to fund the award-winning Pure Michigan campaign $25
million for business acceleration New push to increase exports
Slide 9 Michigan Business-to-Business Network New Michigan Spending
Consumers Energy - $250 million over 5 years DTE Energy - $250
million over 5 years Slide 10 Simple, Fair & Efficient CIT Now
one of the best tax climates in the United States Removed tangled
web of incentives that unfairly favored certain businesses and
removed long term liabilities Propelled our states corporate tax
ranking from 49 th to 7 th (Tax Foundation) Improved our overall
business tax climate from 18 th to 12 th (Tax Foundation) Slide 11
National Business Campaign Slide 12 Partnerships Slide 13 Slide 14
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