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Granholm: Innovation Critical to Job Creation, Economic Growth in Michigan

June 22, 2007

LANSING - In her weekly radio address, Governor Jennifer M. Granholm today said it is critical to invest in our people and continue to focus on innovation in order for Michigan to thrive and overcome today's challenging economic times.
 
"The signs are all around us - when Michigan innovates, it pays off," Granholm said.  "We are creating jobs, growing our economy, and taking the first steps towards a vibrant, diversified future."
 
Granholm cited investment in cutting-edge technologies and job creation by companies like Google, the Global Engine Manufacturing Alliance, Hemlock Semiconductor, and United Solar Ovonic as progress in diversifying and growing Michigan's economy.  Granholm also noted that the 21st Century Jobs Fund has already awarded funding to 85 companies across the state in sectors of the economy that are fueled by innovation.  These companies are hiring people, growing in Michigan, and choosing to come to Michigan.  

In addition, Microsoft CEO Steve Ballmer told the Detroit Economic Club last week that investing in innovation is key to success in overcoming economic challenges, both for government and businesses.

Innovation will also be the focus when governors from around the country gather in Traverse City in July for the National Governors Association (NGA) Annual Meeting, where Innovation America is the theme.

"I will be highlighting all of the things we are doing in Michigan to foster innovation, from working to attract cutting-edge industries like alternative energy, to raising our high school curriculum standards and working to make college affordable and accessible for all of our citizens," Granholm said about the NGA meeting.

The governor's weekly radio address is released each Friday morning and may be heard on broadcast stations across the state through an affiliation with the Michigan Association of Broadcasters.  The address will also be available on the Governor's website on Mondays as a podcast for general distribution to personal MP3 players and home computers.

Broadcasters Note:  Governor Granholm's radio address can be accessed through Sunday evening exclusively through the Members Only page of the Michigan Association of Broadcasters Website.

Publishers Note:  The text of today's address is attached.

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Governor Jennifer M. Granholm
June 22, 2007

This is Governor Jennifer Granholm.

Steve Ballmer, the CEO of Microsoft, was in Michigan last week to talk to the Detroit Economic Club.  When the head of one of the most successful companies in the world talks, I think we should all listen.  And last week, Steve shared an important message for leaders in government and in the private sector about Michigan's future.

For Steve, the future is about one thing: innovation, innovation, innovation.  I could not agree more.

Steve observed that investing in innovation and spending more on those investments in the face of economic challenges - whether you're a business or the government - is tough to do, and it's a hard sell. But it is a key - perhaps the key - to future success.

Our experience in Michigan over the past five years has shown that to be true.  All of our brightest spots - our greatest successes - involve innovation.

In Ann Arbor, Google is revolutionizing online advertising and how we use the Internet.  And other technology company, Adaptive Materials, is producing portable fuel cells for the U.S. military.

In Dundee Michigan, the Global Engine Manufacturing Alliance, which is a joint venture between Chrysler, Hyundai and Mitsubishi, they're using leading-edge technology to create the next generation of cost-efficient engines.

Near Saginaw, Hemlock Semiconductor has become the nation's leading supplier of polycrystalline silicon, which is used to manufacture solar panels.

In Auburn Hills and in Greenville, United Solar Ovonic is the world's largest manufacturer of "thin film" solar panels - all technology based.

Our 21st Century Jobs Plan is focused on sectors of the economy that are fueled by innovation, and that create jobs.  And we have already awarded funding to 85 companies across the state - hiring people, growing in Michigan, choosing to come to Michigan.
Next month, governors from around the country will be gathering in Traverse City for the 2007 National Governors Association annual meeting.  And our theme this year is Innovation America.  I'll be highlighting all of the things we're doing in Michigan to foster innovation, from working to attracting cutting-edge industries like alternative energy, to raising our high school curriculum standards and working to make college affordable and accessible for all of our citizens.

The signs are all around us - when Michigan innovates, it pays off.  We're creating jobs, growing our economy, and taking the first steps towards a vibrant, diversified future.  We have so many amazing opportunities, and these are positive signs.

But, as Steve Ballmer knows from his experience at Microsoft, we need to invest in our people and continue to focus on innovation if we want to thrive - and that's especially true in challenging economic times.

Thanks for listening and I'll talk to you next week.