The 21st Century Jobs Fund is a $2 billion, 10-year Michigan initiative to grow the economy and develop competitive technologies. It focuses on commercialization competitions, investment capital, and loan enhancement programs. The commercialization portion is overseen by the 19-member Strategic Economic Investment and Commercialization Board, which awarded $126.3 million in 2006-2007 to 31 university projects totaling $53.8 million and 28 private company projects totaling $35 million.

1. 21st Century Jobs Fund
2008 Business Plan
Competition

2. 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

3. 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.