Michigan ranks #1 in the nation for manufacturing job growth. See this and nine other reasons why Michigan is a great place to live, work and play.
Visit http://www.MichiganBusiness.org for even more reasons.
THE TOP INNOVATIVE ECONOMIES IN THE WORLDVARUN KESAVAN
The World Economic Forum's Global Competitiveness Report for 2019 ranks 141 economies on their innovation capability. The innovation ecosystem is measured with the help of five sub-pillars-commercialization, Interaction, and diversity, administrative requirements, research and development, and entrepreneurial culture. Other important factors like education and the intensity of competitive skills they possess also help determine the country's innovation capabilities.
Michigan's skilled trades industry is growing, and there's numbers to back it up. Discover some surprising facts about industry trends, career opportunities and the economic impact of a thriving field.
Michigan is the best comeback story in the nation, and the travel industry is helping to lead the way. Here are ten things you probably didn't know about the state's travel industry.
Read more about Michigan's growing industries and positive business climate changes at http://www.MichiganBusiness.org. Plan your trip at http://www.Michigan.org
Whether it’s clean tech, biomedical engineering, manufacturing or agro-bio, Michigan venture capital continues to grow across the state. Take a look at this infographic for stats over the last 10 years. Visit http://www.MichiganBusiness.org
Presented by Steve Hilfinger, Executive Vice President & COO of the Michigan Economic Development Corporation on January 15, 2014. Visit http://www.MichiganBusiness.org.
The holidays are a time for celebration, food, festivities and traditions. Michigan has unique connections to many of these. During the 12 Days of Michigan, we celebrated all that our state has to office with a Michigan holiday fact each day. To learn more about all of the great things Michigan has to offer, visit http://www.Michiganbusiness.org.
This document provides an overview of tourism data and the Pure Michigan marketing campaign in Michigan. Some key points:
- Hotel occupancy, average daily rates, and revenue per room in Michigan were up in 2012 compared to 2011, reaching highest levels since 2004.
- Total visitor spending in Michigan reached $17.7 billion in 2011, up from previous years. Various types of travel saw increases.
- The Pure Michigan campaign has increased out-of-state trips and spending since 2006. The 2012 campaign motivated 3.8 million trips spending $1.1 billion.
- Awareness of the Pure Michigan campaign has increased both regionally and nationally since 2010. The campaign won several advertising awards in 2012.
- The
Want to get publicity for your restaurant, bed and breakfast, art gallery, festival, event, etc? If you're a travel professional, learn ways to promote your business across Pure Michigan's social media channels in this presentation. Presented to the Michigan Association of Convention and Visitors Bureaus. For more opportunities, visit: http://www.michigan.org/travel-professionals/
THE TOP INNOVATIVE ECONOMIES IN THE WORLDVARUN KESAVAN
The World Economic Forum's Global Competitiveness Report for 2019 ranks 141 economies on their innovation capability. The innovation ecosystem is measured with the help of five sub-pillars-commercialization, Interaction, and diversity, administrative requirements, research and development, and entrepreneurial culture. Other important factors like education and the intensity of competitive skills they possess also help determine the country's innovation capabilities.
Michigan's skilled trades industry is growing, and there's numbers to back it up. Discover some surprising facts about industry trends, career opportunities and the economic impact of a thriving field.
Michigan is the best comeback story in the nation, and the travel industry is helping to lead the way. Here are ten things you probably didn't know about the state's travel industry.
Read more about Michigan's growing industries and positive business climate changes at http://www.MichiganBusiness.org. Plan your trip at http://www.Michigan.org
Whether it’s clean tech, biomedical engineering, manufacturing or agro-bio, Michigan venture capital continues to grow across the state. Take a look at this infographic for stats over the last 10 years. Visit http://www.MichiganBusiness.org
Presented by Steve Hilfinger, Executive Vice President & COO of the Michigan Economic Development Corporation on January 15, 2014. Visit http://www.MichiganBusiness.org.
The holidays are a time for celebration, food, festivities and traditions. Michigan has unique connections to many of these. During the 12 Days of Michigan, we celebrated all that our state has to office with a Michigan holiday fact each day. To learn more about all of the great things Michigan has to offer, visit http://www.Michiganbusiness.org.
This document provides an overview of tourism data and the Pure Michigan marketing campaign in Michigan. Some key points:
- Hotel occupancy, average daily rates, and revenue per room in Michigan were up in 2012 compared to 2011, reaching highest levels since 2004.
- Total visitor spending in Michigan reached $17.7 billion in 2011, up from previous years. Various types of travel saw increases.
- The Pure Michigan campaign has increased out-of-state trips and spending since 2006. The 2012 campaign motivated 3.8 million trips spending $1.1 billion.
- Awareness of the Pure Michigan campaign has increased both regionally and nationally since 2010. The campaign won several advertising awards in 2012.
- The
Want to get publicity for your restaurant, bed and breakfast, art gallery, festival, event, etc? If you're a travel professional, learn ways to promote your business across Pure Michigan's social media channels in this presentation. Presented to the Michigan Association of Convention and Visitors Bureaus. For more opportunities, visit: http://www.michigan.org/travel-professionals/
In this presentation, learn what state services and funding are available for growing technology companies. Each year, the Michigan Economic Development Corporation (MEDC) dedicates $25 million to help build companies with high growth potential. The MEDC is organizing a statewide bus tour to educate early-stage tech companies on programs ranging from business support to venture capital. Visit http://www.michiganadvantage.org/Entrepreneurs-and-Innovators/
Elizabeth Parkinson, Senior Vice President of Marketing and Communications, gave this presentation in Cleveland, Ohio to the American Marketing Association. Learn the history of the Pure Michigan campaign, discover how it has evolved, and see data on its success.
This document announces an entrepreneurial services bus tour across Michigan from April 16-25, 2012. The tour will make stops in several cities including Ann Arbor, Kalamazoo, Ypsilanti, Detroit, Sterling Heights, Rochester Hills, Troy, East Lansing, Mt. Pleasant, Midland, Grand Rapids, Sault Ste Marie, and Houghton. At each stop, attendees can learn about available state services and funding for growing technology companies, including capital, technical support, business advice, training, talent, and Michigan pre-seed capital funds.
This document summarizes three important events that occurred in Michigan tourism in 2006:
1) Travel Michigan, MSU, and MLTA combined their tourism conferences, resulting in over 900 attendees, the largest event yet.
2) MSU's Don Holecek led the development of Michigan's first tourism strategic plan with input from hundreds of participants.
3) The "Pure Michigan" brand was launched in 2006 with an initial TV commercial about Michigan's water and a budget of $5.7 million focused on Chicago, Indianapolis, Cleveland, Milwaukee, Cincinnati, and Ontario, Canada.
A review of the Pure Michigan brand including merchandise, co-branding partnerships, advertising, and more. Presented at the Pure Michigan Governor's Conference on Tourism in 2012.
This document provides information about presentations at the Global Access Export Forum on November 18, 2011. The forum was hosted by Global Access to provide information to businesses interested in exporting. Visitors to the website www.michiganadvantage.org/export can find more details about the event and export resources.
The document discusses the importance of global access for small businesses and the role of the Export-Import Bank of the United States (Ex-Im Bank) in supporting small business exports. Some key points:
- Ex-Im Bank authorized over $32 billion in export financing in 2011 supporting $41 billion in U.S. exports and 290,000 American jobs. Over 85% of transactions benefited small businesses.
- Michigan exports key industries like transportation equipment, chemicals, and machinery. Total state exports were $45 billion in 2010, a 36% increase.
- Ex-Im Bank provided $147 million in support for small businesses in Michigan in 2011.
- New Ex-Im Bank products and more outreach
The document summarizes financing programs from MEDC Capital Services Team to help with export financing. It describes three programs: the Collateral Support Program which provides up to 49.9% of a loan amount and fees of 1-3%; the Loan Participation Program which can purchase up to 49.9% of a commercial credit facility with 1-3% closing fees and 1% annual fee; and the Export Financing Incentive Program which reimburses up to 75% of eligible export costs up to $100,000 per company.
The U.S. Commercial Service helps U.S. businesses export goods and services overseas through various services: they provide market research, identify potential international partners, offer counseling on legal/regulatory issues, and arrange trade missions. They have experts in over 100 U.S. cities and 83 countries worldwide. Services include the Gold Key program which sets up meetings for businesses overseas, an international partner search to identify qualified partners, and promotion of products in overseas trade publications and events. All services aim to help businesses enter new markets and increase international sales.
PNC Trade Finance Solutions has partnered with the Export-Import Bank of the United States (Ex-Im Bank) for over 40 years to provide innovative financing solutions that boost U.S. exports. PNC is the top provider of loans backed by Ex-Im Bank's Working Capital Guarantee Program and Medium Term Buyer Credit Program. Case studies show how PNC leveraged these programs to provide a $12 million loan to a Peruvian railroad and a $25 million working capital loan to an industrial water treatment company, enabling both to purchase U.S. exports.
This document outlines 5 key challenges for global traders: arranging financing for themselves, suppliers, and customers; navigating domestic and foreign regulations; managing risks from suppliers and customers; controlling and optimizing cash flow by reducing time spent on receivables and extending time on payables; and accessing local expertise on markets and best practices.
This document summarizes a presentation on trade cycle financing solutions. It lists five presenters from various banks and their contact information. The presentation covers topics such as export finance timeline, Ex-Im Bank working capital guarantee, trade transaction timeline, payment methods, trade credit insurance, documentary letters of credit, Ex-Im Bank medium-term buyer finance, and global access for small business. Private export finance solutions are also discussed.
The document summarizes various financing programs offered by MEDC Capital Services Team to help Michigan businesses access capital. It describes programs that provide angel investments, pre-seed funding, loans, and export financing. The loan programs include the Michigan Business Growth Fund which provides collateral support or loan participations of up to 49.9% for loans to Michigan manufacturers and other eligible businesses. It also outlines the eligibility requirements and application process for these programs.
The document summarizes Michigan's Pure Michigan State Trade and Export Promotion (STEP) Program. The program aims to double Michigan exports by 2014 using $2 million in funding. It provides reimbursements of up to $10,000 or $25,000 to small businesses for export-related activities. Companies submit applications to regional hosts who approve activities and reimbursements up to 50% of expenses after reviewing receipts. The goal is to increase the number of exporting companies and their foreign sales.
B&P is a manufacturer located in Michigan that produces equipment for the plastics, chemicals, and pharmaceutical industries. Their equipment orders range from $125,000 to $2.5 million and have production cycles of 6 to 14 months. Approximately 50% of their $30 million in annual revenues come from export sales to Asia, Europe, and Latin America. To help finance their export sales and inventory over long production cycles, B&P obtained a $5 million Export Line of Credit from JP Morgan Chase guaranteed by the Export-Import Bank, in addition to their $5 million domestic line of credit. This new financing has allowed B&P to steadily grow their export business.
American Broach & Machine Co. (ABM) is a global designer and producer of broaching machines, sharpening machines, broaching tools, and gear tools founded in 1919. ABM has 38 employees, including 7 engineers and 4 salespersons, and was acquired by a Chinese company in 2004. Over the past few years, 43.5% of ABM's $4.4 million in annual sales were foreign, and the Export-Import Bank of the United States line of credit established in 2009 has helped finance $3.6 million in machine shipments to markets including Mexico, China, India, and Canada.
Acme Manufacturing Company designs and builds integrated finishing and manufacturing systems for customers worldwide. It was founded in 1910 in Detroit, Michigan and has been operating in Michigan for over 101 years. Acme has representatives in countries around the world to support its international customers, and exports now make up over 95% of its sales, supported in part through programs like the Export-Import Bank of the United States.
This document provides information and recommendations for suppliers participating in trade missions:
1) Trade missions can benefit both communities through new investment and suppliers through export sales and collaborations. The goal is to create or retain jobs in the region.
2) Participating in a trade mission provides structure and support that prevents being overwhelmed in foreign markets. Organizers identify good prospects and provide intelligence not available otherwise.
3) Objectives for suppliers include generating sales through direct customers, distributors, or new offices. Missions also allow scouting new markets and networking with other participants.
4) Missions provide an inexpensive way to evaluate markets through the selection process, briefings, and meetings. A 2008 example found
The document summarizes the Pure Michigan tourism promotion campaign run by Travel Michigan. It discusses tactics used such as advertising, promotions and social media. It outlines the campaign's budget and growth over the years, with a focus on increasing visitor spending and jobs in Michigan. Evaluation shows the campaign has generated a significant return on investment for the state through increased tax revenue.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART KALYAN CHART
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In this presentation, learn what state services and funding are available for growing technology companies. Each year, the Michigan Economic Development Corporation (MEDC) dedicates $25 million to help build companies with high growth potential. The MEDC is organizing a statewide bus tour to educate early-stage tech companies on programs ranging from business support to venture capital. Visit http://www.michiganadvantage.org/Entrepreneurs-and-Innovators/
Elizabeth Parkinson, Senior Vice President of Marketing and Communications, gave this presentation in Cleveland, Ohio to the American Marketing Association. Learn the history of the Pure Michigan campaign, discover how it has evolved, and see data on its success.
This document announces an entrepreneurial services bus tour across Michigan from April 16-25, 2012. The tour will make stops in several cities including Ann Arbor, Kalamazoo, Ypsilanti, Detroit, Sterling Heights, Rochester Hills, Troy, East Lansing, Mt. Pleasant, Midland, Grand Rapids, Sault Ste Marie, and Houghton. At each stop, attendees can learn about available state services and funding for growing technology companies, including capital, technical support, business advice, training, talent, and Michigan pre-seed capital funds.
This document summarizes three important events that occurred in Michigan tourism in 2006:
1) Travel Michigan, MSU, and MLTA combined their tourism conferences, resulting in over 900 attendees, the largest event yet.
2) MSU's Don Holecek led the development of Michigan's first tourism strategic plan with input from hundreds of participants.
3) The "Pure Michigan" brand was launched in 2006 with an initial TV commercial about Michigan's water and a budget of $5.7 million focused on Chicago, Indianapolis, Cleveland, Milwaukee, Cincinnati, and Ontario, Canada.
A review of the Pure Michigan brand including merchandise, co-branding partnerships, advertising, and more. Presented at the Pure Michigan Governor's Conference on Tourism in 2012.
This document provides information about presentations at the Global Access Export Forum on November 18, 2011. The forum was hosted by Global Access to provide information to businesses interested in exporting. Visitors to the website www.michiganadvantage.org/export can find more details about the event and export resources.
The document discusses the importance of global access for small businesses and the role of the Export-Import Bank of the United States (Ex-Im Bank) in supporting small business exports. Some key points:
- Ex-Im Bank authorized over $32 billion in export financing in 2011 supporting $41 billion in U.S. exports and 290,000 American jobs. Over 85% of transactions benefited small businesses.
- Michigan exports key industries like transportation equipment, chemicals, and machinery. Total state exports were $45 billion in 2010, a 36% increase.
- Ex-Im Bank provided $147 million in support for small businesses in Michigan in 2011.
- New Ex-Im Bank products and more outreach
The document summarizes financing programs from MEDC Capital Services Team to help with export financing. It describes three programs: the Collateral Support Program which provides up to 49.9% of a loan amount and fees of 1-3%; the Loan Participation Program which can purchase up to 49.9% of a commercial credit facility with 1-3% closing fees and 1% annual fee; and the Export Financing Incentive Program which reimburses up to 75% of eligible export costs up to $100,000 per company.
The U.S. Commercial Service helps U.S. businesses export goods and services overseas through various services: they provide market research, identify potential international partners, offer counseling on legal/regulatory issues, and arrange trade missions. They have experts in over 100 U.S. cities and 83 countries worldwide. Services include the Gold Key program which sets up meetings for businesses overseas, an international partner search to identify qualified partners, and promotion of products in overseas trade publications and events. All services aim to help businesses enter new markets and increase international sales.
PNC Trade Finance Solutions has partnered with the Export-Import Bank of the United States (Ex-Im Bank) for over 40 years to provide innovative financing solutions that boost U.S. exports. PNC is the top provider of loans backed by Ex-Im Bank's Working Capital Guarantee Program and Medium Term Buyer Credit Program. Case studies show how PNC leveraged these programs to provide a $12 million loan to a Peruvian railroad and a $25 million working capital loan to an industrial water treatment company, enabling both to purchase U.S. exports.
This document outlines 5 key challenges for global traders: arranging financing for themselves, suppliers, and customers; navigating domestic and foreign regulations; managing risks from suppliers and customers; controlling and optimizing cash flow by reducing time spent on receivables and extending time on payables; and accessing local expertise on markets and best practices.
This document summarizes a presentation on trade cycle financing solutions. It lists five presenters from various banks and their contact information. The presentation covers topics such as export finance timeline, Ex-Im Bank working capital guarantee, trade transaction timeline, payment methods, trade credit insurance, documentary letters of credit, Ex-Im Bank medium-term buyer finance, and global access for small business. Private export finance solutions are also discussed.
The document summarizes various financing programs offered by MEDC Capital Services Team to help Michigan businesses access capital. It describes programs that provide angel investments, pre-seed funding, loans, and export financing. The loan programs include the Michigan Business Growth Fund which provides collateral support or loan participations of up to 49.9% for loans to Michigan manufacturers and other eligible businesses. It also outlines the eligibility requirements and application process for these programs.
The document summarizes Michigan's Pure Michigan State Trade and Export Promotion (STEP) Program. The program aims to double Michigan exports by 2014 using $2 million in funding. It provides reimbursements of up to $10,000 or $25,000 to small businesses for export-related activities. Companies submit applications to regional hosts who approve activities and reimbursements up to 50% of expenses after reviewing receipts. The goal is to increase the number of exporting companies and their foreign sales.
B&P is a manufacturer located in Michigan that produces equipment for the plastics, chemicals, and pharmaceutical industries. Their equipment orders range from $125,000 to $2.5 million and have production cycles of 6 to 14 months. Approximately 50% of their $30 million in annual revenues come from export sales to Asia, Europe, and Latin America. To help finance their export sales and inventory over long production cycles, B&P obtained a $5 million Export Line of Credit from JP Morgan Chase guaranteed by the Export-Import Bank, in addition to their $5 million domestic line of credit. This new financing has allowed B&P to steadily grow their export business.
American Broach & Machine Co. (ABM) is a global designer and producer of broaching machines, sharpening machines, broaching tools, and gear tools founded in 1919. ABM has 38 employees, including 7 engineers and 4 salespersons, and was acquired by a Chinese company in 2004. Over the past few years, 43.5% of ABM's $4.4 million in annual sales were foreign, and the Export-Import Bank of the United States line of credit established in 2009 has helped finance $3.6 million in machine shipments to markets including Mexico, China, India, and Canada.
Acme Manufacturing Company designs and builds integrated finishing and manufacturing systems for customers worldwide. It was founded in 1910 in Detroit, Michigan and has been operating in Michigan for over 101 years. Acme has representatives in countries around the world to support its international customers, and exports now make up over 95% of its sales, supported in part through programs like the Export-Import Bank of the United States.
This document provides information and recommendations for suppliers participating in trade missions:
1) Trade missions can benefit both communities through new investment and suppliers through export sales and collaborations. The goal is to create or retain jobs in the region.
2) Participating in a trade mission provides structure and support that prevents being overwhelmed in foreign markets. Organizers identify good prospects and provide intelligence not available otherwise.
3) Objectives for suppliers include generating sales through direct customers, distributors, or new offices. Missions also allow scouting new markets and networking with other participants.
4) Missions provide an inexpensive way to evaluate markets through the selection process, briefings, and meetings. A 2008 example found
The document summarizes the Pure Michigan tourism promotion campaign run by Travel Michigan. It discusses tactics used such as advertising, promotions and social media. It outlines the campaign's budget and growth over the years, with a focus on increasing visitor spending and jobs in Michigan. Evaluation shows the campaign has generated a significant return on investment for the state through increased tax revenue.
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10 Facts About Michigan Infographic
1. 1. Population of nearly 10 million, ninth in U.S.
2. $432 billion GDP, thirteenth largest.
3. Eighth largest exporting state and sixth largest
importing state in U.S.
4. Nearly 300,000 new private sector jobs since
12/2010—5th in U.S. for job growth.
5. No. 1 in U.S. for manufacturing job growth.
6. Home to the most industrial and mechanical
engineers in U.S.
7. Four world-class research universities with
$1.878 billion in federal research funds.
8. $101.2 billion agriculture industry, second
most diverse in U.S.
9. 63 of top 100 auto suppliers to North America
headquartered in Michigan.
10. 375 automotive research and development
centers in Michigan.
michiganbusiness.org