Lansing, MI — Economic Development Leaders for Michigan (EDLM), a coalition of the state’s premier regional economic development organizations, today announced a unified list of 10 priorities designed to position Michigan for long-term growth, innovation, and prosperity.
Representing regions that comprise 79% of the state’s population and 84% of its gross domestic product, EDLM brings together leaders with over 225 years of combined experience in economic development. The coalition is committed to advancing strategies that will drive business investment, talent development, community revitalization, and innovation across the state.
“EDLM’s Top Ten reflects what we regularly hear from employers in the U.P. – they need skilled workers, practical business development tools, access to capital to compete, and tools to help with community revitalization projects. These are smart, targeted priorities that reflect opportunities for growth for the State, including the Upper Peninsula. And it is that reality that is the strength of the Top Ten list – it has broad application for the state. So, whether you’re in Detroit or Delta County, these policies can help communities attract jobs and scale startups. It’s a chance to move from patchwork wins to statewide progress, and that’s exactly what Michigan needs,” said Marty Fittante, InvestUP CEO, speaking on behalf of EDLM. “These are the smart, bold investments we believe will create economic momentum, attract and retain talent, and ensure every region of our state can thrive.”
The Top 10 Economic Development Priorities outlined by EDLM include targeted investments and policy reforms across four key categories:
Business Attraction and Retention
- Maintain Business Development Program at $100 million to stay competitive for job-creating investments.
- Adopt a performance-based, accountable withholding tax incentive to support impactful project attraction and expansion.
Community Development
- Renew and fund the Revitalization and Placemaking (RAP) Program at $50 million to support vibrant, place-based development.
- Renew and fund the Community Revitalization Program (CRP) at $50 million to reinvest in communities across Michigan.
- Modernize locally driven programs:
- SmartZone: Extend expiring TIF agreements by 15 years, with potential for additional extensions based on local approval.
- Transformational Brownfield Program: Simplify program access and remove funding caps to unlock more redevelopment opportunities.
- Fund the Regional Strategic Site Readiness Program at $50 million annually to accelerate development of competitive, investment-ready sites.
Talent
- Maintain the Going PRO Talent Fund, emphasizing growth in advanced manufacturing and technology sectors.
- Establish a $10 million Regional Talent Attraction and Retention Fund to support locally tailored workforce initiatives.
Innovation & Entrepreneurship
- Double the state’s R&D Tax Credit to $200 million to encourage more private-sector innovation.
- Recommit to regionally led Entrepreneurship and Innovation Programming at $100 million, restoring funding to 2012 levels (currently $15.7 million).
“This list reflects our shared vision for a stronger, more competitive Michigan,” said Randy Thelen, President and CEO of the Right Place and current Chair of EDLM. “These are the smart, bold investments we believe will create economic momentum, attract and retain talent, and ensure every region of our state can thrive.”
EDLM members urge state policymakers, business leaders, and stakeholders across Michigan to support and champion these initiatives as part of a collaborative strategy to secure Michigan’s future economic success.
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About EDLM
The Economic Development Leaders for Michigan (EDLM) is a coalition of Michigan’s leading regional economic development organizations, working together to create a more competitive and prosperous future for the state. EDLM regions are among the most active and productive in Michigan, representing the majority of the state’s economy and population.
About InvestUP
InvestUP is the regional economic development organization for the Upper Peninsula, working to advance prosperity across all fifteen counties of the U.P. Leveraging the region’s strengths, assets, and stakeholders, it works in partnership with the private sector, municipal and non-profit leadership, and institutions to drive the Upper Peninsula’s economy by seizing near-term opportunities and addressing long term strategic objectives that center on people, projects, place, and promotion. Investupmi.com.
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