Michigan State University has been awarded a $915,000 grant over five years from the U.S. Economic Development Administration to create a pioneering economic development center that focuses on new ways of generating businesses and jobs.
The MSU University Center for Regional Economic Innovation will work to support research in economic development innovation in a collaborative manner through partnering with other colleges, local and regional governments, private businesses and other groups to produce or identify innovative ideas and practices that can be shared.
The project will have a statewide focus, both urban and rural, and particularly in economically distressed regions. The center will seek opportunities to improve economic development in a variety of industries, such as information technology and the health and energy sectors.
To begin its work, the REI Center is asking for help in identifying innovative economic development tools, models, policies and/or practices that may create businesses and jobs in our state. Fill out the survey here. Suggestions may be featrued in webinars and presentations at the "Innovate Michigan! Summit, scheduled for Thursday, September 6, 2012.
Arnold Weinfeld is Director of Strategic Initiatives and Federal Affairs for the Michigan Municipal League. He can be reached at 517-908-0304 or by e-mail