Labor and Economic Opportunity
State officials join local economic and talent leaders to discuss plans to implement governor's economic vision for Michigan
November 1, 2021
Media Contact: Austin Fox, 517-526-2632
State officials met today with local business, workforce development and community leaders in Grand Rapids to discuss the ways Michigan can achieve the goals laid out in Gov. Whitmer's MI New Economy Plan. The event is part of a statewide tour designed to bring stakeholders together to discuss a comprehensive strategy to utilize American Rescue Plan funds to support small businesses, grow the middle class and invest in our communities.
"We have a strong commitment to carrying out the governor's economic vision that tackles structural challenges in an effort to grow Michigan's economy, create good-paying jobs and build industries of the future," said Susan Corbin, director of the Michigan Department of Labor and Economic Opportunity (LEO). "It is critical that we work together and hear from a diverse set of voices throughout the state, so that we can continue our economic recovery and build Michigan back better."
The goal of these events is to share the governor's vision with key stakeholders and thought leaders and highlight local projects that demonstrate how the MI New Economy plan can move the state's economy forward.
The Grand Rapids stop of the tour included presentations from LEO and an open discussion with other local leaders to highlight their initiatives - current and on the horizon - that align with the MI New Economy plan.
"Workforce development, small business growth and affordable housing investments are all connected and necessary to advance Michigan's economy," said Jeremy DeRoo, CEO, Dwelling Place of Grand Rapids. "Growing these in a coordinated effort that aligns with the work local partners are already doing will allow Michigan to emerge stronger than before the crisis."
Last month, Gov. Whitmer detailed her economic agenda, including the unveiling of the three pillars of her $2.1 billion MI New Economy plan with specific and ambitious goals that will help state officials track progress on efforts to build a stronger and more resilient Michigan. The governor's vision features three central pillars focused on economic development, workforce and community investment.
Pillar 1: Grow the Middle Class - No economic vision for the state can be complete if it doesn't focus on eliminating poverty and lifting families into the middle class.
Pillar 2: Support Small Business - To supplement the great economic development work our state already does, Michigan needs a focus on creating and growing more Main Street businesses.
Pillar 3: Build Strong Communities - Michigan's residents deserve to live in vibrant communities with the kinds of services and amenities associated with a high standard of living.
Additional stops of the MI New Economy Tour are being planned for many communities across Michigan.
To learn more about the MI New Economy plan, the state's economic and workforce challenges and successes the state has seen to date, visit www.michigan.gov/MINewEconomy.