The People of the Western U.P. Continue to Wait for Action on Copperwood
Hundreds of jobs and millions in economic impact remain on hold MARQUETTE, Mich. — Leaders from Michigan’s Western Upper Peninsula today are expressing their disappointment in the Senate’s lack of action on a grant supporting public infrastructure for the Copperwood project while remaining optimistic it will move forward in 2025. The funding will support the […]
Don’t Let Misinformation Kill a Once in a Generation Opportunity
UPPER PENINSULA, MI (December 16, 2024) — The Copperwood project in Wakefield and Ironwood Townships in Gogebic County presents a once-in-a-generation opportunity for Michigan and the Western Upper Peninsula. The project will create more than 380 permanent jobs, 300 construction jobs and meet Michigan’s stringent mining and environmental regulations. “Both state and national environmental regulations ensure the protection […]
Build U.P. and Local ISDs Form Unique Partnership to Address Housing Crisis and Workforce Development in the U.P.
UPPER PENINSULA, MI (October 30, 2024) — The Upper Peninsula needs homes. In fact, according to polling commissioned by InvestUP, a lack of available housing is the “top challenge” facing the Upper Peninsula. The lack of available housing not only drives up housing costs, but also stands in the way of growth, including the ability to attract […]
Crystal Falls Partners with Build U.P. to Take Action to Address Housing Shortage
CRYSTAL FALLS, MI (October 8, 2024) — Sixty-eight new housing units are coming to Crystal Falls with financial backing from Build U.P., which is a housing development fund managed by InvestUP. The city will add a significant inventory of desperately needed new multi-family housing units. This development will go a long way in helping alleviate […]
Build U.P. boosting regional housing — first projects announced
InvestUP reports 200 more units in the pipeline UPPER PENINSULA, Mich., April 2, 2024 – InvestUP CEO and Build U.P. President, Marty Fittante is pleased to announce the start of two new housing projects in the Upper Peninsula. “Both projects add critical housing and create new vibrancy to two of our core communities,” said Fittante. […]
InvestUP Announces Michigan Outdoor Innovation Fund, a $3 Million Pre-Seed Fund to Invest in Outdoor Recreation Startup Companies
Marquette, Mich., April 2, 2024 – InvestUP and the Michigan Economic Development Corporation (MEDC) today announced the creation of the Michigan Outdoor Innovation Fund, a $3 million pre-seed fund to support entrepreneurs across Michigan in the outdoor recreation industry. The Fund will make investments ranging from $50,000 to $250,000 in promising Michigan-based startups that are […]
Upper Peninsula Leaders Commend $50 Million State Investment in Copperwood Mine Project
Project will create economic growth to benefit generations to come, provide wages double the current median wage MARQUETTE, Mich. — Community leaders, local business owners and residents from Michigan’s Western Upper Peninsula held a virtual press conference today to commend the Michigan Strategic Fund for investing $50 million to support site readiness at the Copperwood […]
Opinion: How the Upper Peninsula is helping drive digital future
By Dennis Livesay , Glenn Stevens A decade ago, many of us in tech prophesied that every company would become a computing company. Dennis Livesay is Dave House Dean of Computing, Michigan Technological University in Houghton. Glenn Stevens is executive director of MICHauto and vice president of automotive and mobility initiatives at the Detroit Regional Chamber. Now, that […]
MEDC incentivizes Calumet Electronics with $7.5M to help build much-needed DoD technology and upskill workers
Funding also helps solidify Michigan’s semiconductor future with first package substrate manufacturing facility in the United States UPPER PENINSULA, MI – Calumet Electronics, a 55-year-old printed circuit board (PCB) manufacturer, located in Calumet, MI, has been called upon by defense OEMs to pioneer packaged substrates critical to the semiconductor sector for aerospace and defense. MEDC […]
2023 InvestUP CEO Summit
InvestUP held its second UP CEO Summit in Marquette on May 11, 2023. Executives and leaders from 100+ businesses came together with stakeholders to build new working relationships and participate in a day of action-driven discussions. Together, the attendees represented thirteen of the UP’s fifteen counties. Featured speaker Neel Kashkari, president and CEO of the Federal Reserve […]