The U.S. youth camp industry contributes $70 billion to the national economy, accounting for the total value of the camp industry’s production and its ripple effects—which include business-to-business purchases and labor income, according to a study from the University of Michigan. This figure represents the industry’s overall economic impact across the nation while also [read more]
The University of Michigan's Economic Growth Institute hosted its inaugural Elevate Forum for businesses, community leaders, and economic development colleagues at the University's Detroit Center. With over 100 attendees joining both in person and online, the forum offered a full day of presentations and networking. The day commenced with opening remarks from EGI’s Executive [read more]
In a recent engagement with community leaders in Grundy County, Illinois, EGI’s Dr. Sarah Crane and Carmen Wells Quigg presented results of the team’s research and economic analysis of the region. EGI's research and community teams work together to empower communities with detailed analysis that is vital for informed leadership. Sarah and Carmen met [read more]
Fostering Innovation to Create Economic Growth for Companies and Communities EGI Executive Director Steven Wilson talked with the Michigan Minds podcast about how EGI partners with Michigan businesses. He discusses how EGI helps them navigate various challenges and shares thoughts about what organizations will need in the new year. Learn more and listen to the [read more]
We are currently working on finalizing the details of a new funding opportunity to assist you in your cybersecurity compliance journey. If you are interested in additional support please fill out the brief survey below so that we can add you to our list of companies seeking assistance. [read more]
ANN ARBOR—Like many regions across the country, southwestern Michigan is preparing for the closure of a nuclear power facility, the Palisades Nuclear Power Plant. The impact of this transition on a community can lead to reduced tax base, lost employment, reduction in services and an unused site. The Economic Growth Institute at the University [read more]
As a small business in Warren bidding on Department of Defense contracts, Dr. Rita Fields knew that in order to win contracts, 313 Industries needed to meet the compliance requirements of DFARS 252.204-7012. In addition to this, the DoD released the Cybersecurity Maturity Model Certification standard that would require all companies to be certified [read more]
The Economic Growth Institute has been awarded a STEM Talent Challenge Grant from the Department of Commerce’s Economic Development Administration (EDA). The EDA announced $2 million in grants to seven organizations on January 19, 2021. The inaugural STEM Talent Challenge aims to boost local science, technology, engineering, and math talent through STEM workforce readiness [read more]
Jani Hatchett has been named the new Outreach Project Manager for the Great Lakes Trade Adjustment Assistance Center (GLTAAC), which administers the federally-funded Trade Adjustment Assistance for Firms (TAAF) program and is located at the Economic Growth Institute. In her new role, Jani leads the direct one-on-one engagement with manufacturers in Michigan, Indiana, and Ohio who [read more]
Study explores emerging middle skill jobs in the connected and automated vehicle sector Ann Arbor, Michigan: Connected and automated vehicles (CAV) present future economic opportunities for companies and regions that are able to capitalize on their growth. Often overlooked in this evolution are the middle skills jobs that will be integral in this sector’s [read more]
