Michigan Strategic Fund

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MICHIGAN STRATEGIC FUNDMEMORANDUMDATE: March 15, 2022TO: The Honorable Gretchen Whitmer, Governor of MichiganMembers of the Michigan LegislatureFROM: Quentin L. Messer Jr., President, Michigan Strategic FundSUBJECT: FY 2021 MSF/MEDC Annual ReportThe Michigan Strategic Fund (MSF) is required to submit an annual report to the governor and the MichiganLegislature summarizing activities and program spending for the previous fiscal year. This requirement iscontained within the Michigan Strategic Fund Act (Public Act 270 of 1984) and budget boilerplate.Attached you will find the annual report for the MSF and the Michigan Economic Development Corporation(MEDC) as required in Section 1004 of Public Act 87 of 2021 as well as the consolidated MSF Act reportingrequirements found in Section 125.2009 of the MSF Act.To further consolidate legislative reporting, the attachment includes the following budget boilerplate reports. Michigan Business Development Program and Michigan Community Revitalization Programamendments: Section 1006 Corporate budget, revenue, expenditures/activities and state vs. corporate FTEs: Section 1007 Jobs for Michigan Investment Fund: Section 1010 Michigan Film incentives status: Section 1032 Michigan Film & Digital Media Office activities: Section 1033 Business incubators and accelerators annual report: Section 1034The following program, included in previous annual reports, has been removed from the FY 2021 report. Façade Improvement Grant Program: All funds were dispersed in FY 2020Public Act 257 of 2020, which provided FY 2021 supplemental appropriations, allocated 55 million and 3.5 million to the MSF to create and execute the Michigan Small Business Survival Grant Program and theMichigan Stages Survival Grant Program, respectively. Both programs had statutory reporting requirementsand those reports were submitted to the legislature earlier in the fiscal year. The reports are available cy/.Please contact the MEDC Office of Government Relations at 517.335.1847 if you have any questions.Attachmentcc: Chris Harkins, State Budget DirectorKathryn Summers, Director, Senate Fiscal AgencyMary Ann Cleary, Director, House Fiscal AgencyMargaret O’Brien, Secretary of the SenateGary Randall, Clerk, Michigan House of Representatives

FISCALYEAR2021MSF/MEDCAnnual Reportto the Legislature

MSF/MEDC FY 2021TABLE OF CONTENTSBUSINESS INVESTMENT (CORE FOCUS)COMMUNITY VITALITY (CORE FOCUS)Office of Future Mobility and Electrification. 6Community Development. 101Market Development.14Michigan Community Revitalization Program (MCRP). 105Industry 4.0 Signature Initiative. 17Community Development Block Grants. 114Pure Michigan Business Connect.19Brownfield Tax Increment Financing (TIF).117Michigan Business Development Program (MBDP).24State Historic Preservation Office (SHPO). 119Jobs Ready Michigan Program.46Michigan Council for Arts & Cultural Affairs. 120Good Jobs for Michigan Program (GJFM).49IMAGEState Essential Services Assessment (SESA).50Travel Michigan.122Michigan Build Ready Sites Program. 52Business Marketing. 126Michigan Defense Center. 53Procurement Technical Assistance Centers (PTACs).56International Trade. 57Michigan Film and Digital Media Office. 67Tribal Business Development.70LEGACY PROGRAMSBrownfield Tax Credit Program.132Michigan Film Incentives.133Michigan Economic Growth Authority. 134Michigan Renaissance Zone Program. 71Michigan Tool & DieRenaissance Recovery Zone Program.135Next Michigan Development Corporation. 72Accelerator Fund. 136Capital Conduit Program. 7321st Century Investment Fund.137Michigan Income & Principal-protected Growth Fund. 74Competitive Edge Technology Grants and LoansDetermined by Commercialization Board: 2006. 138Michigan Supplier Diversification Fund. 75SSBCI Federal Awards. 76Small Business Capital Access Program. 77Private Activity Bonds.80Business Incubators and Accelerators. 81Early Stage Funding Programs. 82Competitive Edge Technology Grants and LoansDetermined by Commercialization Board: 2008. 139Pure Michigan Venture Development Fund.140Pure Michigan Venture Match Fund. 141Retention of Pfizer Assets:Company Formation and Growth Fund Loans. 142Entrepreneurial Support Servicesand Entrepreneurial Service Providers. 90ADMINISTRATIVEMichigan Translational Researchand Commercialization Program (MTRAC).93MSF Activities: Section 88(b)(2)(c). 145Michigan University Technology Accelerationand Commercialization Program (UTAC).96MSF Special Legislative Grants. 149Jobs for Investment Fund: Permanent Fund. 144MSF Work Project Information. 148Michigan University Early StageProof of Concept Program. 97MEDC Expenditures: Budget vs. Actual.152STEM Internships Program.98MEDC and MSF FTE Position Count.155Michigan Economic DevelopmentCorporation Award Approvals.99MSF Activities:Other Section 125.2009 Report Requirements. 156MSF Expenditures: Budget vs. Actual.153MSF/MEDC Annual Report to the Legislature//FY 2021//3

MSF/MEDC FY 2021INTRODUCTIONThe Michigan Strategic Fund (MSF) is required tosubmit an annual report to the Michigan Legislaturesummarizing activities and program spendingfor the previous fiscal year. This requirementis contained within the Michigan Strategic Fund Act(1984 PA 270) and the budget boilerplate. The MichiganStrategic Fund Board has granted authority to the MichiganEconomic Development Corporation (MEDC) to provideadministrative services to the MSF for a variety of programsoverseen by the MSF.The MSF Act was amended in 2005 to add the 21stCentury Jobs Fund (21st CJF) programs. In more recentyears, the Act was amended to update and add newprograms, including the Michigan Business DevelopmentProgram (MBDP) and Michigan Community RevitalizationProgram (MCRP), among others. With these changes, theMSF Act and MSF board now oversee most of the state’seconomic development programs.Several bills were enacted in 2014 that made variouschanges to the MSF Act that were designed to providegreater flexibility, eliminate duplicative efforts, andstreamline processes. Among the changes is 2014 PA 503,which amended and consolidated all reporting under Sec.9 of the Act (MCL 125.2009), including requirements forMBDP, MCRP, tourism and business marketing, and the21st CJF annual report.Some of the programs summarized in this report are in amonitoring phase and are no longer issuing new incentives.Awardees that had an executed agreement with the MSFprior to January 14, 2015, the effective date of 2014 PA 503,which amended the legislative reporting requirements ofthe MSF Act, have contractual reporting obligations thatare based on previous MSF Act reporting requirements.Accordingly, the report for each of these programs includesmetrics as required under the agreement between theawardee and the MSF.The mission of the MEDC is to achieve long-termeconomic prosperity for Michiganders by investing incommunities, enabling the growth of good jobs andpromoting Michigan’s strong image worldwide. The pagesthat follow are a comprehensive review of the programsand services administered by the MEDC in FY 2021 and anoverview of support and investments made during that timeto advance MEDC’s mission.For more news and stories about economicdevelopment and community development in Michigan,visit www.michiganbusiness.org/news.MSF/MEDC Annual Report to the Legislature//FY 2021//4


MSF/MEDC FY 2021OFFICE OF FUTURE MOBILITY AND ELECTRIFICATIONBuilding on positive results from the former PlanetMprogram and other state offices focused on mobility,Governor Whitmer recognized the need for acentralized office to coordinate a mobility strategyacross the state government. In February 2020, ExecutiveDirective 2020-1 was issued creating the Office of FutureMobility and Electrification (OFME), as well as establishinga Chief Mobility Officer for the state of Michigan. TheCouncil of Future Mobility and Electrification (CFME) alsowas created in the same month through Executive Order2020-02, replacing the former Council of Future Mobilitythat previously sat within the Michigan Department ofTransportation (MDOT). CFME will provide strategicpolicy guidance to OFME through its appointed members,representing multiple mobility industry interests. TheCouncil sits within the Department of Labor and EconomicOpportunity (LEO) and OFME provides staff support to theCouncil. OFME works across state departments with teammembers from LEO and Michigan Economic DevelopmentCorporation (MEDC), and works alongside MDOT and theMichigan Department of Environment, Great Lakes, andEnergy (EGLE).OFME was formally launched in July 2020, and is guidedby a vision and six core objectives. FY 2021 is the first officialyear of OFME activities.OFME VISIONA stronger state economy through safer, more equitable, and environmentally conscioustransportation for all Michigan residents.OFME CORE OBJECTIVESGrow MobilityIndustry inMichigan:Generate newinvestment andjob creation frommobility-focusedcompanies.Engage MoreMobilityStartups:EstablishMichigan as apremier state foryoung companiesto build,commercialize andgrow technologiesredefining thefield.ExpandMichigan’s SmartInfrastructure:Further developsystems andfor deployingautonomousand sharedtransportation.AccelerateEV Adoptionin Michigan:Support thetransitionfrom internalcombustionengine vehicles toelectric vehiclesand expand thestate’s orkforce:Support effortsto developand attract theskills and talentnecessary to meetthe changingdemands of themobility e: Protectthe state’scompetitivenessin electric andautonomousvehiclemanufacturingwhile marking apath toward itsevolution.FY 2021 RESULTSInvestments and Revenue Facilitated*Technology Activations1:1 Qualified Introductions 12,135,000241,216*Facilitated revenue/investments are dollar amounts that can bedirectly traced to the OFME program and its efforts.MSF/MEDC Annual Report to the Legislature//FY 2021//6

MSF/MEDC FY 2021OFME continuedTOP FIVE LOCATIONSOF MOBILITY COMPANIESSERVED (by state)TOP FIVE LOCATIONSOF MOBILITY COMPANIESSERVED (by country)Michigan1,921United States2,244California102United Kingdom49Washington D.C.46Israel33New York29Canada25Texas24Finland5STATE INNOVATIONOFME relaunched a grant program (the Michigan Mobility Funding Platform) to fund and support technology activationsin FY 2021, through a mix of testing and real world deployment grants. The goal of these technology activations is to notonly fund new and innovative technology, but to solve transportation barriers in Michigan communities. Each technologyactivation is a company that received grant dollars directly from OFME to test their technology at a partner test site orin a real world environment in Michigan. Additionally, OFME is a lead state department in coordinating mobility andelectrification initiatives in partnership with other State of Michigan departments.TECHNOLOGY ACTIVATION TYPESTest Site Deployment GrantGrants for companies to test technology at eight partner locations:1. Mcity at the University of Michigan (UM), Ann Arbor2. American Center for Mobility (ACM), Ypsilanti3. GM Mobility Research Center (GMMRC) at Kettering University (KU), Flint4. Michigan Unmanned Aerial Systems Consortium (MUASC), Alpena5. Keweenaw Research Center (KRC) at Michigan Technological University (MTU), Houghton6. Great Lakes Research Center (GLRC) at Michigan Technological University (MTU), Houghton7. Advanced Power Systems Research Center (APSRC) at Michigan Technological University(MTU), Houghton8. Detroit Smart Parking Lab (DSPL), DetroitReal World Deployment GrantGrants for companies to deploy technology in real world settings.Companies required to have a Michigan partner to qualify.Strategic Mobility GrantsGrants for stand-alone pilot projects.FY 2021 TECHNOLOGY ACTIVATIONSTechnology activation typeTechnology activationLocationMMFP: Real World Deployment Grant(Round 1)Lilypad: The world’s first truly sustainable aquatic mobility platform(AMP) provides frictionless rental access to water recreation for allrental consumers using state-of-the-art clean mobility technologiesand operator assistance technology for ease of operation, routeguidance, and docking.SaugatuckMMFP: Real World Deployment Grant(Round 1)KUHMUTE: The installation of multimodal charging hubsthroughout the city of Flint and encourage the adoption ofsustainable first-last mile transit and increase accessibility to publictransit and local businesses.FlintMMFP: Real World Deployment Grant(Round 1)MUVE: Technology that allows transit and on-demand ride-hailingto be fully integrated to help users of all abilities, including seniors,veterans, and others living with mobility challenges, get to theirdestination safely.WesternWashtenawCountyMSF/MEDC Annual Report to the Legislature//FY 2021//7

MSF/MEDC FY 2021OFME continuedFY 2021 TECHNOLOGY ACTIVATIONS continuedTechnology activation typeTechnology activationLocationMMFP: Real World Deployment Grant(Round 1)Airspace Link: Establish an unmanned aircraft system (UAS) deliverynetwork in the southeast Michigan/Detroit region, to transporturgent medical items for improving the timeliness of patient care.DetroitMMFP: Real World Deployment Grant(Round 1)GreenRoute: Teamed up with DTE to provide customers withinDTE’s EV Connections Community complimentary access toGreenRoute’s energy-efficient EV routing via an iOS app.SoutheastMichiganMMFP: Real World Deployment Grant(Round 1)Michigan Flyer: Along with its parent company Indian Trails Inc.,and technology partners VIA RIDE and Turnit Reservations—willdevelop an API that enables the reservation systems of differenttransportation providers to exchange data and coordinate with oneanother.Lansing andAnn ArborMMFP: Test Site Deployment (AmericanCenter for Mobility)ACM Seasonal Tech Demo (Toyota)YpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)ACM Seasonal Tech Demo (Western Michigan University)YpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)ACM Seasonal Tech Demo (VSI Lab)YpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)ACM Seasonal Tech Demo (Intertek)YpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)ACM Seasonal Tech Demo (dRisk)YpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)New Eagle: ACM Grant (Automated Street Sweeper Testing)YpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)ChargeGoYpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)!importantYpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)NimbusYpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)Nostrum EnergyYpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)Perrone RoboticsYpsilantiMMFP: Test Site Deployment (AmericanCenter for Mobility)RemoraYpsilantiMMFP: Test Site Deployment (DetroitSmart Parking Lab)EnterpriseDetroitMMFP: Test Site Deployment (GM MobilityResearch Center)CNX MotionFlintMMFP: Test Site Deployment (Great LakesResearch Center)Mackinaw Economic Alliance (Ferry Electrification)MackinawMMFP: Test Site Deployment (Great LakesResearch Center)DockTechHoughtonMMFP: Test Site Deployment (Mcity)University of Michigan’s TechLab 2021 Cohort (ADASTEC)Ann ArborMMFP: Test Site Deployment (Mcity)University of Michigan’s TechLab 2021 Cohort (Deepen AI)Ann ArborMMFP: Test Site Deployment (Mcity)University of Michigan’s TechLab 2021 Cohort (Seoul Robotics)Ann ArborMMFP: Test Site Deployment (Mcity)University of Michigan/Precision Systems Design Lab (PSDL)Ann ArborMSF/MEDC Annual Report to the Legislature//FY 2021//8

MSF/MEDC FY 2021OFME continuedFY 2021 TECHNOLOGY ACTIVATIONS continuedTechnology activation typeTechnology activationLocationMMFP: Test Site Deployment (MichiganUnmanned Aerial Systems Consortium)FlightCorpAlpenaStrategic Mobility Grants (EquitableFutures)May Mobility Ann Arbor AV Shuttle DeploymentAnn ArborStrategic Mobility Grants (EquitableFutures)Liftango: On-Demand Microtransit ServiceBattle CreekStrategic Mobility Grants (MultimodalFutures)Michigan and Ontario Cross-Border Multimodal TestbedDetroitOFME LED/SUPPORTED INNOVATION INITIATIVESProjectDescriptionPartnersInductive VehicleCharging PilotThe Inductive Vehicle Charging Pilot is a partnership between MDOT and OFME that willdeploy an electrified roadway system that allows electric buses, shuttles and vehicles tocharge while driving, enabling electric vehicles to operate continuously without stoppingto charge. Electrified roadways have the potential to accelerate adoption of electric vehiclesby consumers and fleet operations alike by enabling continuous vehicle operations andturning public streets into safe and sustainable shared energy platforms. MDOT releasedand reviewed a Request for Proposal to design, fund, evaluate, iterate, test and implementthe Inductive Vehicle Charging Pilot along a one-mile stretch of state-operated roadwayin Wayne, Oakland or Macomb counties. Michigan is the first in the nation to deploy thisforward-looking infrastructure.MEDC, EGLE,MDOT, EOG, andLEOLake Michigan EVCircuitThe Lake Michigan EV Circuit will tie together key coastal and rural communities, state andnational parks and tourism attractions into a wider EV infrastructure network, installingEV infrastructure along sites where chargers are needed to fill the route’s demands of highsummer utilization and challenging winter weather battery performance constraints. Thecharging sites along the Lake Michigan EV Circuit will include either DC fast charging orlevel 2 chargers depending on the electrical infrastructure at the host site. Grants to installthe charging infrastructure will be provided through the EGLE Charge Up MI program with 1.25 million in funding initially available and eligibility limited to site hosts that meet thegeographical and user-experience designs of the Lake Michigan EV Circuit’s route.EOG, EGLE,MDOT, LEO, DNR,and MEDCFive-State MOU toBuildout RegionalEV ChargingInfrastructureMichigan, Illinois, Indiana, Minnesota, and Wisconsin collaborated on electric vehicle (EV)charging infrastructure across the Midwest region, signing the Regional Electric Vehicle forthe Midwest Memorandum of Understanding (REV Midwest MOU). The goal of the REVMidwest MOU is to collectively accelerate vehicle electrification in the Midwest Region.REV Midwest will provide the foundation for cooperation on fleet electrification along keycommercial corridors to safeguard economic security, grow jobs, futureproof interstatecommerce, reduce harmful emissions, improve public health, and advance innovation. TheMOU also ensures the entire Midwest region is able to effectively compete for new privateinvestment and federal funding for vehicle electrification.EOG, EGLE andLEOMiREVThe Michigan Revolution for Electrification of Vehicles Academy/Academies(MiREV) will help position Michigan at the center of that growth by proactivelypreparing the talent needed for automotive mobility and electrification current,emerging, future jobs and career pathways. LEO is looking to partner with threeto five organizations for this effort for a total investment of up to 5 millionthrough a competitive RFP process. MiREV will work directly with employersto ensure Michigan has the right kinds of programs and resources to fill bothcurrent and future talent gaps for in-demand and emerging jobs in the mobilityand electrification industry. This will include determining projected job openings,identifying competencies, credentials and other hiring requirements, reskilling andupskilling incumbent workers, identifying training opportunities for job seekersinterested in industry and conducting career awareness and promotion of EVrelated industries and its occupations with Michigan’s future workforce.LEO and EOGMSF/MEDC Annual Report to the Legislature//FY 2021//9

MSF/MEDC FY 2021OFME continuedOFME LED/SUPPORTED INNOVATION INITIATIVESProjectcontinuedDescriptionPartnersIn early 2021, the American Council for an Energy-Efficient Economy ranked Michigan lastin EV friendliness as it relates to encouraging fleet transition and charging infrastructure(tied for last with New Mexico). This matters because ‘EV friendliness’ is a category thatEV Friendlinessnow appears regularly within business attraction RFPs. Alongside workforce, site readiness,Portion of thesupply chain and energy costs. In other words, it is now on equal footing with otherGovernor’s MI New critical variables that determine where EV investments are placed. To directly address thisEconomy Planissue, the Michigan EV Friendliness program will leverage American Rescue Plan dollarsin the governor’s MI New Economy Plan to ramp up business attraction and electricvehicle adoption by investing 40 million in key EV friendliness categories like charginginfrastructure rollout, EV customer adoption, and charging innovation.EOG, LEO, MEDC,and EGLENew RobotDelivery Service forDetroit ResidentsOFME partnered with City of Detroit, Corktown Business Association, Michigan Central,Ford Motor Company’s new mobility innovation district in Corktown, and Newlab on thepilot with Kiwibot to deploy sidewalk delivery devices to help address last-mile deliverychallenges in Detroit’s Corktown neighborhood and spur economic recovery in thecommunity.EOG and MEDCNew PartnershipWith Ontario toDeploy SmarterInfrastructureat InternationalBordersState of Michigan, through MDOT and OFME and the Ontario government, throughOntario’s Autonomous Vehicle Innovation Network (AVIN) and Ontario’s Ministry ofTransportation, will begin a multi-year effort to deploy smarter and greener technologiesat the border. As part of the effort, MDOT and AVIN have signed a memorandum ofunderstanding to explore the implementation of a cross-border, multimodal testbed foradvanced automotive and mobility solutions.EOG and MDOTSTATE CONNECTIVITYA metric that is integral to OFME is 1:1 ecosystem introductions. These are qualified introductions that occur between astartup, corporate, university, media, government agency, or investor that stem from an OFME engagement. The goal ofthese introductions is to eventually lead to investments between the two entities, which is called “facilitated revenue.” Theseintroductions happen through a variety of engagements—events, delegations, and custom research.FY 2021 CONNECTIVITY RESULTSMatchmaking events11Qualified introductions1,216Economic development partner leads249Business expansion leads80MSF/MEDC Annual Report to the Legislature//FY 2021//10

MSF/MEDC FY 2021OFME continuedSTATE POLICYExecutive Order 2020-02 created the Michigan Council on Future Mobility and Electrification (CFME) within LEO toreplace the former Council on Future Mobility. The council serves in an advisory capacity to LEO and OFME, the governor,and the legislature, providing annual recommendations on changes in state policy. In doing so, the council will work toensure Michigan continues to be an epicenter of future transportation solutions around mobility and electrification. Inorder to best produce policy solutions, the CFME is structured with four workgroups: electrification; autonomous vehicle(AV) technology and smart infrastructure; workforce and economic development; and insurance, regulations, and publicsafety. Each workgroup is made up of a strategic advisor from outside of the CFME, CFME members, and outside relevantstakeholders. The workgroups are tasked with providing tangible policy recommendations to give to the governor andlegislature each year. OFME staff provide support for the CFME in agenda creation, workgroup coordination, and annualreport drafting.CFME MEMBERSNameCompanyHuei PengMcitySatish UdpaMichigan State UniversityJeffrey DokhoUAWChris NeversRivianPatrick CadariuWaymoDerek CaveneyToyotaRobert BabikGeneral MotorsStephen BartoliStellantisEmily FrascaroliFordCFME EX-OFFICIO MEMBERSNameCompanySusan Corbin, ChairMichigan Department of Labor and Economic OpportunityLiesl ClarkMichigan Department of Environment, Great Lakes, and EnergyAnita FoxMichigan Department of Insurance and Financial ServicesCapt. Rick ArnoldMichigan State PolicePaul AjegbaMichigan Department of TransportationRachael EubanksMichigan Department of TreasuryDan ScrippsMichigan Public Service CommissionCFME EX-OFFICIO, NON-VOTING MEMBERS OF THE LEGISLATURENameDelegationSenator Ken HornDesignated by the Senate Majority LeaderSenator Mallory McMorrowDesignated by the Senate Minority LeaderRepresentative Jim LillyDesignated by the Speaker of the HouseRepresentative Ranjeev PuriDesignated by the House Minority LeaderCFME WORKGROUPSWorkgroupSenior advisorOrganizationElectrificationJohn PeracchioFormer Council on Future Mobility ChairAV Technology and Smart InfrastructureReuben SarkarAmerican Center for MobilityWorkforce and Economic DevelopmentCarla BailoCenter for Automotive ResearchInsurance, Regulations, and Public SafetyAlyson MalekCoalition for Reimagined MobilityMSF/MEDC Annual Report to the Legislature//FY 2021//11

MSF/MEDC FY 2021OFME continued2020 COUNCIL ON FUTURE MOBILITY AND ELECTRIFICATION ANNUAL REPORTThe 2020 annual report was published in February2021. Per Executive Order 2020-02, the CFMEwas required to publish a report within 12 monthsafter the Executive Order was enacted. Due to thetimeline of the first reports publish date and the fact thatCFME members were not yet appointed until October2020, the first annual report was focused on setting thestage of the current mobility and electrification climate inMichigan. The report provided an assessment of Michigan’smobility resources and assets—including the state’s automanufacturing sector, citizen talent pool, universitynetwork, testing facilities, infrastructure and multimodaltransportation systems, insurance and regulatory systems,and the impact of public policies. The report also provides ananalysis of the future challenges that Michigan must begin toaddress to remain a global mobility leader.between the private sector, academia, and state agenciessuch as MDOT, EGLE, LEO, and MEDC, which are at theforefront of mobility trends.The state continues to produce and attract the nation’slargest concentration of engineering talent, though moreskilled workers will be needed to help the industry continueto grow.Large investments in electrification and automation giveMichigan an edge in these critical technologies, but there isroom to grow when it comes to private sector investmentand mobility startups in the state.Michigan has experienced an increase in manufacturingjobs over the last decade. This demonstrates that the statecontinues to be the global leader in the mobility sector. Withthe right investments, the state is well positioned to continueto attract and retain the jobs of the future.2020 COUNCIL ON FUTURE MOBILITYAND ELECTRIFICATION ANNUALREPORT EXECUTIVE SUMMARY2021 COUNCIL ON FUTUREMOBILITY AND ELECTRIFICATIONANNUAL REPORTRevolutionary changes like electrification and automationare poised to transform the mobility sector, and there is aglobal competition to determine where advanced vehicletechnologies will be built.Michigan’s mobility assets include the nation’s largestconcentration of private sector facilities, a robust networkof universities, state and federal offices; collaborative effortsThe CFME’s second annual report was published inSeptember 2021. By this time, the CFME had been meetingas a whole and in assigned workgroups for 11 months. Eachworkgroup had a set of specific policy recommendations thatwere published in the report to deliver to the governor andthe legislature, with the goal of eventual implementation.2021 COUNCIL ON FUTURE MOBILITY AND ELECTRIFICATIONANNUAL REPORT RECOMMENDATIONSTo facilitate the state’s electrification strategy for medium- and heavy-duty vehicles, separate and particularlydesigned grant programs should be offered to public transit agencies and school districts for the procurementof EVs.Electrificatio

MICHIGAN STRATEGIC FUND MEMORANDUM DATE: March 15, 2022 TO: The Honorable Gretchen Whitmer, Governor of Michigan Members of the Michigan Legislature FROM: Quentin L. Messer Jr., President, Michigan Strategic Fund SUBJECT: FY 2021 MSF/MEDC Annual Report The Michigan Strategic Fund (MSF) is required to submit an annual report to the governor and the Michigan

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