12/21/21 - Governor Signs $1 Billion Incentive Package

Tuesday, December 21, 2021 at 8:38 AM

A Strategic Fund has been developed to recruit more businesses to Michigan.

—(AP) - Gov. Gretchen Whitmer signed legislation to bolster Michigan’s appeal to businesses.

The legislation creates the Strategic Outreach and Attraction Reserve Fund, which will be funded from state revenue, with $1 billion to be used for assistance to companies.

Funds totaling $409 million will also be allocated to support restaurants, gyms and other areas of business highly impacted by the COVID-19 pandemic.

The legislation, which includes four bills, passed the GOP-led Legislature with bipartisan support. Whitmer applauded the legislation, which she called a “collaboration between legislative leadership, my administration, and community and business leaders” in a news release Monday.

More from State

03/25/25 - Habitat Kent County Plans Major Housing Project

The organization announces a massive goal of more affordable and available housing in Kent County.
8/15/24 - Groundbreaking For New Children's Rehab Hospital

Ground breaking is taking place today for a state-of-the-art, freestanding children’s rehabilitation hospital dedicated to helping kids achieve the best possible outcome through compassionate collaboration, innovation and interdisciplinary care.
8/14/24 - Extra Security In Byron Center

Republican Vice Presidential candidate JD Vance will hold a campaign rally in Byron Center Township this afternoon.
8/13/24 - More Crime Victims Will Receive Compensations

The Michigan Crime Victim Compensation will include more benefits and opportunities for those who have been hurt and are trying to heal.