21st Century Jobs Fund
2008 Business Plan
Competition

21st Century Jobs Fund
• A $2.0 billion, 10 year initiative to
grow and diversify our economy with
emphasis on developing competitive
edge technologies.
• Three windows of focus:
– Commercialization competition
– Investment capital
– Loan enhancement programs

Commercialization Competition
• The Commercialization portion of the 21st Century
Jobs Fund is overseen by the Strategic Economic
Investment and Commercialization Board (SEIC
Board).
• 19 member board chaired by Mike Jandernoa.
• Separate and independent from the Michigan
Strategic Fund Board and the other 2 windows of
focus.

2006/2007 Commercialization Awards
by Organization Type – $126.3M
$53,799,973
(43%)
$ 34,978,607