Thursday, September 07, 2006

21st Century Jobs Fund Awards More than $100 Million to 61 Companies
While DeVos was crying to his lawyers and trying to bully the media, Granholm was creating jobs that will diversify our economy.

Who had the more productive day for Michigan yesterday?

Two candidates. One huge difference.

LANSING – Governor Jennifer M. Granholm today announced that 61 awardees have been selected by the Michigan Strategic Economic Investment and Commercialization (SEIC) Board to share more than $100 million from the first round of the 21st Century Jobs Fund initiative to create jobs in Michigan’s emerging technologies. The initiative is part of the Governor’s comprehensive Jobs Today, Jobs Tomorrow economic plan to grow Michigan’s economy.

“Today, we are creating the 21st century jobs of tomorrow,” Granholm said. “These awards recognize some of the most promising and innovative job creating ideas Michigan has to offer.”

The 21st Century Jobs Fund is a $2 billion, ten-year initiative proposed by Granholm, approved by the Michigan Legislature, and administered by the Michigan Economic Development Corporation (MEDC) to accelerate the diversification of Michigan’s economy. The commercialization component of the initiative devotes approximately $800 million for competitive-edge technologies in the targeted sectors of life sciences, alternative energy, advanced automotive materials and manufacturing, and homeland security/defense.

The choice doesn't get much clearer than this.