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Sample MEDC Presentation

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Title: Sample MEDC Presentation


1
Michigan Small Businesses You Are The Big Deal!
State of Michigan IT Supplier Forum July 18, 2006
Chris Holman Michigan Small Business
Advocate Michigan Economic Development Corporation
2
Impact of Small Businesses on Michigans Economy
  • Small companies critical to employment and tax
    base most new jobs come from small businesses.
  • Michigan investing and reinvesting to ensure your
    future success.
  • MEDC goal to ensure you have the assistance,
    resources and services you need to grow in
    Michigan.

3
MEDC and Partner Services Customer Assistance
  • MEDCs front door and the place to call when you
    need help and dont know where to go.
  • (800) 946-6829

4
MEDC and Partner Services Michigan Business
Ombudsman
  • Michigans small business advocate
  • Helps small companies resolve problems with state
    government agencies
  • Cutting through red tape
  • Assists in understanding state government
    regulations

5
MEDC and Partner ServicesWorkers Comp. Cost
Management
  • Helps employers find ways to save money on
    workers compensation coverage
  • Counsels on understanding rights and
    responsibilities of workers comp

6
MEDC and Partner Services Financing
  • Variety of public loan programs available
    depending on your companys stage, condition and
    risk level
  • Capital Access Program
  • 21st Century Jobs Fund
  • Charter One Job Creation Loans
  • SBA Express 504 Loans

7
MEDC and Partner Services Expanding Current
Markets
  • Resources available for expanding a companys
    customer base
  • Business counseling and market research through
    our partner, Michigans SBTDC network, can
    solidify ideas for opening new markets
  • Government contracting help through our statewide
    Procurement Technical Assistance Center (PTAC)
    network and new Defense and Government
    Contracting Coordinating Center
  • Export assistance for expanding into global
    markets

8
MEDC and Partner ServicesSmall Business
Technology Development Center Network
  • Grass root level specialists who offer
    counseling, training and research to new
    ventures, existing small businesses and
    innovative technology companies
  • Twelve regional centers
  • www.misbtdc.org

9
MEDC and Partner ServicesProcurement Technical
Assistance Centers (PTAC)
  • Statewide network that helps small companies sell
    to the government
  • Assists with linking businesses to federal and
    state government agencies
  • Bid matches and packaging

10
MEDC and Partner Services Technology Focus
  • 21st Century Jobs Fund
  • 2 billion, long-term focus on diversifying our
    economy with an emphasis on developing
    competitive edge technologies.
  • Targeted sectors include life sciences, advanced
    automotive technology, homeland security/defense
    and alternative energy.
  • Majority of competitive awards are to small
    businesses and entrepreneurs.

11
MEDC and Partner Services Account Managers and
Local Partners
  • MEDC account managers and local economic
    development partners visit thousands of
    companies each year
  • More than 70 of visits are to small companies
    with fewer than 100 employees

12
MEDC and Partner Services Partnerships/Collabora
tion
  • More efficient referrals and problem solving
  • We are creating a network of service providers,
    bringing in these partners to leverage public and
    private resources
  • Created a Small Business Advisory Board to ensure
    that small businesses can connect with resources
    they need
  • When it comes to your problem were going to find
    the best possible solution

13
Small Business Initiatives
  • MEDCs Business Organization Directory allows a
    small business to market its product or service
    on its web site
  • Chris Holman, Michigans Small Business Advocate,
    is traveling the state promoting the importance
    of small business
  • Michigan Celebrates Small Business annual
    awards event that honors the contributions of
    small companies
  • Michigan 50 Companies To Watch highlights
    small, dynamic companies that demonstrate
    Michigans diversity and entrepreneurial spirit

14
Q A
  • Web www.michigan.org
  • Michigan Economic Development Corporation
  • 300 N. Washington Square
  • Lansing MI 48913
  • (800) 946-6829
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