Michigan Invests $1 Million in 10 Communities for Economic Transition and Future Preparedness
The Community and Worker Economic Transition Office in Michigan has announced $1 million in grant awards through its Economic Transition Fund. These funds will be distributed among 10 Michigan communities participating in the Community Growth Academy, with each community receiving $100,000. The investment aims to help these communities strengthen local economies, build long-term resilience, and prepare for future economic opportunities, particularly those impacted by shifts in the automotive and utility industries. Projects funded include expanding Climate Tech and STEM workforce pathways in Detroit, developing industrial and residential infrastructure in Southwest Michigan, improving access to startup capital and financial literacy in Flint, and coordinating outdoor recreation economic development in Jackson County and Lake County. Other initiatives focus on supporting downtown businesses, creating entrepreneurial ecosystems, and accelerating investment in priority development sites across various countie...