Michigan's Recovery - Michigan Recovery and Reinvestment Plan

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• U.S. Department of Energy to host live webinars detailing new Recovery Act loan guarantees and application information
8.27.2010

• Congressional Budget Office Report: The Recovery Act put millions of people to work and boosted national output by hundreds of billions of dollars in the second quarter.
8.26.2010

• Governor Granholm celebrates $180 million in Recovery Act funding to expand Michigan's broadband network and add 200 public computing centers throughout the state. (VIDEO)
8.26.2010

• Thanks to the Recovery Act, U.S. Now On-Track to Achieve Four Major Science and Technology Breakthroughs
New analysis released today shows that key Recovery Act investments have positioned the U.S. to achieve four major innovation breakthroughs:

Cutting the cost of solar power in half by 2015
Cutting the cost electric vehicle batteries by 70% between 2009 and 2015
Doubling U.S. renewable energy generation and manufacturing capacity by 2012
Bringing the cost of a personal human genome map to under $1,000 in five years

View full report HERE

• Governor Granholm on Bloomberg Television's "Street Smart"
Michigan cracks the code: In one year, Recovery Act dollars and state incentives bring 16 new advanced battery companies to Michigan
8.24.2010

> More News

The Recovery Act: Helping Build a New Michigan Economy PDF icon

$1.35 billion to develop and build advanced batteries, $243 million to weatherize 40,000 homes, $650 million in SBA loans to small businesses, tax credits leveraging $750 million in private investment for clean energy manufacturing: the Recovery Act is changing Michigan's economic landscape. Our new report highlights the ways Recovery Act dollars are fueling our own economic priorities and pumping new energy in to the state's signature industry.

ENERGETX: A Recovery Act Success Story

In 2008, a Holland boat building family decided to diversify into wind turbine components – that is, until the global economy went bust and capital became difficult to come by. Thanks to the Recovery Act, Energetx is now retooling, gearing up, and creating jobs – up to 1,000 new jobs by 2014.