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Your Partner in Growing Your Community

Why Economic Development

Economic developers are often tasked with answering the question of exactly what it is that they do. The answer is not always simple because they use a variety of methods to meet their goals. This page provides a simple explanation to the purpose of this great profession.

buildingsWhat is Economic Development?

Economic development is attracting and growing businesses, creating and retaining jobs, and making our communities a better place to live.

Why is Economic Development Important?

Attracting and growing businesses strengthens our economy providing locally-produced goods and services. Strong businesses pay taxes that go for vital services such as schools, roads, fire, and police. Businesses also provide good jobs that put money in people’s pockets and allow for a higher quality of life.

What is the impact of economic development?

Economic development has a lasting impact on a community. Job providers purchase goods and services they need to operate, and their workers purchase goods and services they need to live. Money changes hands many times as it flows through the local economy and creates overall prosperity enjoyed by all citizens.

What are other benefits of economic development?

  • Economic development has a major impact on the places where we live, work and play. Putting vacant or abandoned buildings and land back into productive use is a major function of economic development. This helps keep businesses located in urban areas where sewer, water, and other services are already present.
  • Economic development retains and attracts talented people. Communities that provide quality jobs and great places to live and work are a magnet for folks of all ages. As a result, these places have a strong future.
  • Economic development also fosters the entrepreneurial spirit that resides in our creative and ambitious citizens. By providing access to ideas, investment and expert advice new companies can be created to help assure Michigan’s economy stays innovative and diverse.

What is an Economic Developer?

What is an Economic DeveloperEconomic developers are professionals within a community that use various tools to stimulate economic growth while maximizing the best interests of the entire community and finding mutually beneficial solutions for all parties concerned.

How do Economic Developers attract and grow businesses to strengthen our economies?

Economic developers work jointly with businesses, developers and government to promote economic growth. They are well versed in business assistance, marketing and knowledgeable regarding federal, state and local programs.

How does an Economic Developer make a difference in my Community?

Businesses are always faced with decisions of where and how to invest their limited funds to be more successful. These funds are often borrowed from banks and investors who expect a return on their investment. Communities benefit from economic development and are quite often willing to help lower a business’s initial investment costs or taxes. Economic developers understand how these private investment decisions are made and work to make sure the decision is good for both the business and the community.

What tools do Economic Developers use to create Economic Development?

There are many factors that come into play when private investment decisions are made. Economic developers use tools such as incentives to reduce business costs which results in more investment in the community and creates benefits for both the private and public sectors.  

How do Economic Developers ensure the use of incentives is in the public’s best interest and businesses are held accountable for the promises they make?

The public sector makes the decision to approve the type and use of incentives. These decisions are based upon the desire to benefit the public. Economic development incentives are a valuable tool that can provide the state and local communities with a positive return on their investment. Economic developers are experts in the use of incentives and forging agreements to between businesses and government to ensure the results are mutually beneficial to all.  

How can I find one to help me and/or my community?

The staff of the Michigan Economic Developers Association (MEDA) is happy to help connect you with an economic developer to help with your economic growth project. Also see the Michigan Economic Development Directory, full of MEDA members and partners that are ready to help you succeed in Michigan!

Additional Resources

Read the What is Economic Development, Exactly? blog by Karl Dorshimer, CEcD, EDFP, Director, Economic Development, Lansing Economic Area Partnership (LEAP)

View the Promoting Economic Development and Economic Developers in Michigan PowerPoint, created by MEDA's Advocacy Committee.

Any Questions?

Further inquiries on the subject can be made to This email address is being protected from spambots. You need JavaScript enabled to view it. or by calling our main line: 517-241-0011.

MEDA and Economic Development News

12/10/18

Kimberly Marrone Elected for a Second Three-Year Term on MEDA Board of Directors

12/10/18

Soo Locks Upgrade Would Bring Local, National Impacts

Understanding, and Capitalizing On, Opportunity Zones

Evaluating a Workforce Pipeline During Times of Low Unemployment

MEDA Blog
NEW POST! Talent Tips by Amy Clickner, CEcD, CFRM, Chief Executive Officer, Lake Superior Community Partnership

MEDA Members in the News
Park District Clears Major Hurdle, Receives State Tax Credit

Economic Development Around the World
Eight Former Economic Development Directors Tell Lawmakers Not to Change Job Creation Board
When Towns Lose a Factory, What Comes Next?

12/7/18

Justin Horvath Elected to Three-Year Term on MEDA Board of Directors, Starting in 2019

12/3/18

Hutchins Center Fiscal Impact Measure
The Hutchins Center Fiscal Impact Measure shows how much fiscal policy adds to or subtracts from overall economic growth.

How Does Your State Rank In Energy Efficiency?
A summary of the International Energy Agency's Energy Efficient Report with a link to the report.

Countering the Geography of Discontent: Strategies for Left-Behind Places
A Brookings Report

2019 EPA Environmental Justice Small Grants Solicitation Now Open!
These EJSG grants fund one-year project timelines and EPA anticipates awarding approximately 50 grants of up to $30,000 each, with 5 awards going to local projects in each EPA region.

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A Suburban Model For Incremental Transit Improvement

11/27/18

Submit Michigan projects to Conway Data for Site Selection Magazine's 2018 Governor's Cup Contest ASAP: https://conway.com/analytics/conway-projects-guidelines.

11/26/18

Report: Auto Industry Must Find Additional Revenue Streams to Prosper

General Motors Closing Two Plants in Metro Detroit; Thousands of Jobs to Be Cut

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The Surprising Impact of E-Commerce on Urban Real Estate Markets

11/19/18

Ottawa County Among Top Counties for Growth in Michigan

Report: Michigan Job Growth Expected to be Highest Since WWII

Marquette Broke Development Records in 2017

MEDA Members in the News
Negaunee Set to Move Forward With Economic Development Plan

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Tulsa is Paying People More Than $10,000 Just to Move There

11/12/18

It's National Apprenticeship Week! Here Are Some Resources to Share

Share BACK TO MICHIGAN Events With Professionals Returning Home for the Holidays

Loan Pool Created to Stimulate Gogebic County Economy

MEDA Blog
Major Employment Trends Through 2026 by Amy Clickner, CEcD, CFRM, Chief Executive Officer, Lake Superior Community Partnership

MEDA Members in the News
Get Enthusiastic About Business Holiday Parties With Tips from MEDA's 2017 "Robert Sieghart Award for Enthusiasm for the Economic Development Profession" Winner, Doug Brown - Then Register for MEDA's Holiday Party "New Energy for the New Year"

Economic Development Around the World
Why Ecosystem-Building has Emerged as a New Approach to Economic Development

11/5/18

MSHDA Announces New Round of Funding for Neighborhood Enhancement Program

Employers Can Launch an Apprenticeship Program in a Day

Virginia Economic Development Guru to Head New Southeast Michigan Business Attraction Group

MEDA Members in the News
LEAP Receives Excellence in Economic Development Awards from the International Economic Development Council

Economic Development Around the World
Grappling With an Acute Labor Shortage, the Construction Industry is Being Forced to Get Creative

10/29/18

Help Your Local Businesses Prepare for Small Business Saturday

Meet the First Executive Director of the Michigan Infrastructure Council

Impact of Rail Regulation on Small Business

MEDA Blog
GUEST BLOGGER: Strategic Plan Still Sitting on the Shelf? by Andy Hayes, President, Northern Lakes Economic Alliance

Economic Development Around the World
Here's How America Uses It's Land

10/22/18

Patent Protection Access Bill Signed Into Law

PlanetM Launches New Million Dollar Startup Grant

How Do We Fix the Manufacturing Skills Gap? Lots of Ways!

MEDA Blog
REVISITING A POPULAR POST: What is Your Definition of Economic Development? by Ara Topouzian, President and CEO, Troy Chamber of Commerce

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Benton Township Board Paves the Way for $6M Investment, 30+ Jobs at Gast Mfg.

Economic Development Around the World
Manufacturing is Making a Comeback in These 28 U.S. Cities

10/15/18

New Export Assistance Funds Available for Michigan’s Small Businesse

Adopting a Meta-Readiness Approach to Crisis Management

Trade War Remapping Automotive Manufacturing

MEDA Blog
REVISITING A POPULAR POST: Growing Your Talent Pool by Dan Casey, Chief Executive Officer, Economic Development Alliance of St. Clair County

MEDA Members In the News
Battle Creek Unlimited Gets $150K Grant to Draw in Drone Makers, Missile Defense Project

Economic Development Around the World
States Seek to Maintain Net Neutrality

10/8/18

Governor Rick Snyder Names Jeremy Hendges Interim Director of Talent and Economic Development Department of Michigan

Michigan House Approves Evaluations of Business Incentives

MEDA Members In the News
LEAP’s PROTO Accelerator Launches InsurTech Platform

MMDC Gets $100,000 Grant to Help Local Companies Gain Work with Defense Industry

Economic Development Around the World
Thinking of Exporting? My First Trade Mission with Automation Alley

10/2/18

New Study: Midland #2 in Nation in Growth 

Let's Detroit is What Region Needs to Retain Talent 

Windsor-Detroit Bridge Authority Signs $5.7B Contract With Bridging North America, Bridge Expected to Open in 2024

MEDA Members In the News
Ypsi's East Cross Street Named One of America's "Great Places"

Economic Development Around the World
Report: Michigan Among Top 5 National Markets for Increase in Real House Prices

9/24/18

Seizing Opportunity in Today's Construction Technology Ecosystem

A National Report on How Opportunity Zones Are Coming Along, Maximizing Their Potential

Brothers Keep Gluten-Free Food Business in Michigan

MEDA Members In the News
Battle Creek City Commission Approves $7.9 Million Tax Abatements for Heritage Tower

Economic Development Around the World
The Flourishing Midwest - Why Some Cities are Prospering While Others Decline

9/20/18

Flint and Genesee Chamber Seeking RFP's for Consultant Services for Development of County-Wide Vision for Economic Vitality

9/18/18

James McBryde Accepts Term on MEDA Board of Directors

9/17/18

U.S. House Approves Authorization for Replacement Soo Lock

There's Still Time to Nominate a Rising Star in Economic Development

Improving Tax Increment Financing for Economic Development Free Report/PDF Download

New MEDA Blog Post
Redevelopment Ready Certification - Is it worth it? Kim Marrone, Economic Development and Communications Director, City of Oak Park

Economic Development Around the World
Rebuilding the Employment Security System for the Rust Belt That Created It A Brookings Report

9/10/18

Dispatching Business Expertise to Michigan Companies: U-M Helps UP Firm Grow Sales

SBA Announces Decrease in Surety Bond Guarantee Fees

Economic Development Around the World
Why Placemaking Is Now Place Marketing

9/4/18

Making the Most of Federal Funds for Regional Innovation

Meijer Market, Hotel Project Billed as 'Game-Changer' for Downtown Lansing

Skilled Trades Training Funding Earns Permanent Place in State Law

New MEDA Blog Post
Energy Opportunities in Michigan by JoAnn Crary, CEcD, President, Saginaw Future, Inc.

MEDA Members in the News
The Secret to Marshall’s Downtown Success? A Steady Past and An Aggressive Present.
Michigan Certified Development Corporation Promotes Eric Kehler

Economic Development Around the World
This Is the Innovative Component Every City Needs

8/27/18

Michigan Workers' Wages Rise, but So Do Costs

Corner Kiosks for Small Businesses

Economic Development Around the World
Chinese Cross-Border Consumption Report

8/20/18

Michigan: Strong Partnerships, Stronger Growth

Gov. Snyder Unveils Plan to Expand Broadband Access

Maximizing the Benefits of Incentives

Economic Development Around the World
These Cities Are Finishing Strong as Amazon Narrows Down Choice for New Headquarters

8/13/18

US-131 Communities Partner To Encourage Tourists, Businesses To “Explore 131 North”

Help DCI Find the Brightest Rising Stars in Economic Development

Cool Spaces: Century-old School is Now an Apartment Building in Portland

Opening of New Lear Plant Fuels Flint's Rebirth

MEDA Members in the News
Local Leaders React to the $555M Dairy Operation Planned in St. Johns

Economic Development Around the World
Manufacturers Increase Efforts to Woo Workers to Rural Areas and Other Methods Being Tried Around The County to Gain or Retain Manufacturing Workers

8/6/18

TED's New Talent Development Liaison Team Will Help Build Business and Education Partnerships

Free Opportunity Analysis Reports and Market Tracker Data for Qualifying Ag Companies

The Recent Rebound in Prime Age Labor Force Participation - A Brookings Report

MEDA Members in the News
Spence Brothers Makes Crain's List of 50 Fastest Growing Companies in 2018

Economic Development Around the World
Burleson, Texas, Responds to Skills Gap With Signing Day Event

7/30/18

What Employers Want From Cities

Employers Eager to Hire Try a New Policy: No Experience Necessary

Pfizer Project Shows Michigan's Life Science Sector is Alive, Growing

MEDA Members in the News
Paw Paw School Board Seats New Member

Economic Development Around the World
Are Large Global Cities Pulling Away From Their Surrounding Regions? - A Brookings Report

7/25/18

City of Hastings Seeking RFP's for Acquisition and Development of Downtown Lot

7/23/18

Financial-tech Incubator to Open in Detroit

Here's How Two Michigan Counties Are Taking Manufacturing Day Very Seriously

Applications Open for $1 Million Accelerate Michigan Innovation Competition

MEDA Members in the News
Deb Stuart Wins MML's Community Builder Award - Hear Her Interview in Limelight Podcast

Economic Development Around the World
City Budgets in an Era of Increased Uncertainty - a Brookings Report

7/16/18

Detroit Regional Chamber and General Motors NeighborHUB Grant Program Now Accepting Applications For Five Grants Up To $30,000

Flint: Fertile Ground Where Ideas Come to Life and Promote Economic Growth

Uncertainties of Trade War Leave Local Businesses Unable to Plan

Michigan Releases Hot 50 Jobs Outlook through 2026

MEDA Members in the News
Right Place Signs Partnership with Oceana County

Economic Development Around the World
Top 10 States that are Winning the War for Talent

7/9/18

New Zones Created by Tax Overhaul Draw Investor Attention

Recommendations for Small Towns to Maintain Quality of Life as Populations Decline

MEDA Members in the News
Meet Tyler Rossmaesler
Northwood University Recognizes Annette Rummel in Distinguished Women Awards

Economic Development Around the World
U.S. Tariff's Among the Lowest in the World - and in the Nation's History

7/2/18

Check Out the Economic Development Matters Video

Top Ilitch Spokesman Leaving for MEDC Job

Data Shows Pay is Up for Northern Michigan Jobs

MEDA Members in the News
Spotify USA Inc. to Open a Regional Office in Birmingham

Economic Development Around the World
America's New Factory-Building Frenzy

6/25/18

USDA Rural Development Wants You to Know that They Have Grant Money for Water & Waste Disposal - Get Complete Details

Midwest Farmers Who Plan Ahead Could Turn Climate Change Into an Agricultural Advantage

Community Engagement Toolkit

MEDA Members in the News
Hatchcast by MSU Hatch on Apple Podcast

Economic Development Around the World
How Subway Ads Asking Millennials to Move Helps Economic Development

6/18/18

Small Business Association of Michigan Releases Entrepreneurship-led Economic Development Strategy

Flint's Economic Development Director Readies for New Investments

Hospitality Business Alum Celebrates Half-Century of Growing Frankenmuth from Dinner Stop to Family Vacation Destination Judy Zehnder Keller will stop in at our Annual Meeting!

MEDA Members in the News
City to Experiment with Pop-Up Maker Spaces

Economic Development Around the World
Why Cities Can't Stop Poaching From One Another

6/11/18

Unique Community Engagement Strategy

Economic Development Funding for Underground Storage Tanks

Michigan's Economy and Ranking as a Business-Friendly State Continue to Improve

MEDA Members in the News
Marisue Moreau Appointed to the Governor's Talent Investment Board

Economic Development Around the World
Minorities' Concerns Scuttle York City Plan to Outsource Economic Development
U.S. Leapfrogs Singapore, Hong Kong to Win World’s Most Competitive Economy

6/4/18

Michigan to Launch $8 Million Mobility Challenge

Michigan and U.S. Gain Economic Advantage Over Canada

Free Webinar on Opportunity Zones

5/29/18

FDI: The Art of (After) the Deal

Building a Different Kind of Pipeline

Rising Tide Communities Fellowship Program RFPs Due Next Month

MEDA Members in the News
Jessica DeBone Wins Developing Leaders PRISM Award

Economic Development Around the World
5 Lessons Michigan Cities Can Learn from the Twin Cities

New MEDA Blog Post!
public policy (noun): government policies that affect the whole population by Amy Clickner, CEcD, CFRM, Chief Executive Officer, Lake Superior Community Partnership

5/21/18

Ford to Shareholders: We Expect to Grow Our Presence in Detroit

Time for "Business as Unusual" for Michigan's Economy, Forecaster Says

Economic Development Around the World
21 Smart Communities to Watch in 2018

5/14/18

Some New Perspectives on the Labor Shortage and Unemployment Rate: Why You Can't Get the Job You Want

The Economic Development Administration Has Updated their Online Tools for Research

Economic Development Around the World
How Quickly Each State's Economy is Growing in One Map

5/7/18

Façade Restoration Initiative RFI's Being Accepted Until May 22nd

5E Leadership in Economic Development

4/30/18

Michigan Public Service Commission Approves St. Clair County Billion Dollar Power Plant

Ann Arbor Employers Launch Summer Program Designed to Retain Young Talent

MEDA Members in the News
Farmland Turning Into Industrial Park to Grow Economic Opportunities for Jackson County

New MEDA Blog Post
Grow Your Talent Pool by Dan Casey, Chief Executive Office, Economic Development Alliance of St. Clair County

4/23/18

IEDC's New Why Invest in Economic Development Report

Holland is #1 Small City to Start a Business for Second Year in a Row

Guide to Michigan's State Trade Expansion Program

National Small Business Week is Next Week

4/16/18

Treasury, IRS Announces First Round of Opportunity Zone Designations for 18 States

Panel Scales Back Snyder's "Marshall Plan" for Talent

Future of the Factory: Cobots, Only Robots, and Industrial Augmented Reality

MEDA Members in the News
Kinexus is Best Non-Profit to Work for in 2018

4/9/18

Michigan Soybean Industry Reacts to China's Tariff Announcement

Cities by the Bay: Saginaw, Bay City Back from Brink as Downtowns Rebound

Economic Development Around the World
Building a Connected City from the Ground Up

4/2/18

The Store is Dead - Long Live the Store

Aerotropolis Push Attracts Firms and Jobs Near Detroit

Downtown Howell Named Top Great American Main Street

Michigan Ranked Third Nationally in Tech Job Growth After Adding 13K+ Jobs in 2017

3/26/18

Michigan's Economy is Bigger than Ever. Now is the Time to Diversify

The Opportunity Zones website has been updated with the nominated Zones. Approval should be within 30 days

A Free and Easy Tool for Businesses to Find Energy Efficiency Products for Their Building

New MEDA Blog Post
Making Connections for the Betterment of Our Community by Stephanie Carroll

3/19/18

U.S. Manufacturing Isn't Dwindling Away (or Booming)

The GM Car That Has No Steering Wheel or Pedals - Feedback from IIHS on What Is Needed Before This Type of Car Becomes More Common

EPA Announces FY18 Funding to Supplement Eligible Brownfields Revolving Loan Fund Grants

Snyder Signs Bills Consolidating TIF Authorities

3/12/18

State Extends GROW Michigan Fund for Two More Years

Business Leaders for Michigan Predict Growth for Michigan, U.S. Economies

A Guide to Local World Trade Center Organization

3/6/18

MEDA Emerging Leaders Spring Program - Open for Registration

3/5/18

5 Things City Leaders Should Know About Opportunity Zones

Microsoft Partners with Michigan company to bring internet access to 82,000 rural residents

Northern Michigan Economic Developers Bet on Virtual Reality

New MEDA Blog Post
How Facebook Can Be An Economic Developer's Best Friend by Justin Horvath

2/26/18

$3 Million Grant Will Be Used to Hire Economic Development Team for Flint

A Modern Case for Regional Collaboration

100 Ideas Campaign - The Easiest Way to Pitch for $1,000 and Anyone Can Enter

2/19/18

One Michigan County is Getting Noticed Because of Various Growth Due to Collaboration

Four Trends That Will Impact Rental Markets in 2018

Tips for Using Storytelling to Plan and Enhance Your Community

New MEDA Blog Post
Who Are You?

2/12/18

High-Speed Internet Coverage to be Upgraded Across 10 Michigan Counties in the Great Lakes Bay and Thumb Region

Celebrating CTE in Michigan

MEDA Members in the News
The Right Place, Inc., Wins Prestigious Accreditation

2/5/18

Governor Snyder Signs Executive Order to Enhance Statewide Broadband Access

I-69 Thumb Region Issues RFP for Connecting Workers to Jobs

New Report: Powering the Mobility Revolution

1/29/18

Ford Just Acquired Two Startups That Have Nothing to Do With Cars As We Know Them

The Global Competitiveness Report 2017-2018

MEDA Members In the News
Clickner Appointed Chair of the IEDC Performance Oversight and Monitoring Committee

1/23/18

Detroit Misses 20-City Short List for Amazon HQ2

Business Hungry State Helps Economic Revival

MEDA Members in the News
Cindy Brown features in Grand Rapids Business Journal Influential Women Interview

1/16/18

CEcD Exam Prep Course in Ohio in February - 6 Seats Left!

Statewide Economic Developers Association Hosts Michigan Gubernatorial Candidates at Capitol Day Event

1/15/18

Detroit Auto Show to Include Expo With Over 80 Employers

Detroit Offers Room to Grow in Pitch for Amazon Headquarters

New Michigan Economic Center Report Shows Potential for Job Growth in Emerging Sectors

In MEDA's January Blog Post, 2018 Board President, Monique Holliday-Bettie Shares Insight On Setting Yourself Up for Success

1/9/18

Michigan Offering $5 Million in Competitive Grants for Career and Technical Education

New Report Shows How Communities Gain from Brownfield Area-Wide Planning

Ten Achievable New Year’s Resolutions for Economic Developers

1/2/18

Manufacturers Work to Address ‘Image Problem’ at Root of Talent Crunch

Michigan: A Rising Leader in Solar Power

Oakland County Breaks Single Year Record, Brings in Over $1 Billion in New Investments

12/26/17

Amazon HQ2 Bid Revealed: Tax Breaks, $120 Million Talent Program, Transit Vision

How the Tax Bill Will Change Governments’ Borrowing Costs

Lansing Economic Area Partnership Takes Over Economic Development for Ingham County

12/19/17

Michigan’s Automotive Industry Includes 2,200+ Facilities

NAFTA is Not a 'Job Killer' for Michigan, says Right Place President

What is Behind the Resurgence of Muskegon? Look to its Growing Support for Entrepreneurs.

12/12/17

86 Oakland County Businesses to Share More Than $2 Million in State Skilled Trades Training Funds

Detroit Development Fund to Make $1 Million in Loans for Healthy Food Businesses

Detroit Micro Lending Program a Blueprint for Cities Across the Nation

Mopar Opens $10M Center in Romulus, Expected to Create 100 Jobs

12/5/17

Ludington Business Announces Multi-Million Dollar Expansion

Why Michigan Needs Newcomers. Told in 5 Data Maps.

Universities Ramp up Research, Pump Out Inventions

11/28/17

Autonomous Ships on the Horizon for Great Lakes

Cascade Township Earns 5-star Ranking for Economic Development

Is Michigan Ready for the Next Recession?

Report: Tech and Workforce Investments Needed to Keep Michigan a "Manufacturing Powerhouse"

About MEDA

The Michigan Economic Developers Association (MEDA), founded in 1960, exists to advance economic development throughout Michigan, and increase the individual member’s effectiveness in the economic development profession. The association’s goal is to provide a variety of services and programs that will enhance ability and skills in economic development.

Through education, legislative updates, public relations and networking, MEDA makes it possible for economic development professionals statewide to accomplish their goals more efficiently and effectively.

Our Vision

Leading Michigan's economic development through education, networking and advocacy on economic development.

Our Mission

To undertake education, networking and advocacy on economic development for an in support of our members, partners and stakeholders.

Sponsor MEDA

Sponsor for WebpageSponsoring MEDA will provide maximum exposure to Michigan's economic development community for your organization and its services, thereby creating new customers and building new relationships that will enhance your business growth.

Sponsoring MEDA also shows your support for the strength of Michigan's economy as the opportunities support professional development that helps economic developers to be more efficient and effective in their work.

If you do business with any of the following, please consider MEDA Sponsorship:

Brownfield Redevelopment - Business Finance - Chambers of Commerce - Community Development - Consulting - Downtown Development - Environmental Consulting - Higher Education - Municipalities - Planning - Private and Public Economic Development Organizations - Real Estate Development - State Agencies - Utilities and infrastructure - Workforce Development - Others interested in economic development

How to Sponsor

If you and your company have decided that you would like to sponsor, please call MEDA at 517-241-0011 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Thank You Sponsors

2018 Sponsors

2017 Sponsors

A Benefit for All

With any sponsorship package that you select, your name remains on our website for two years via the two pages above.

 

Sponsorship Opportunities

Corporate Sponsorship

Corporate packages support the Association’s goals throughout the year and provide exclusive benefits.

BOTH PACKAGES INCLUDE

Recognition and Benefits

  • Logo on Each Page of MEDA Website
  • Logo on Event Handouts for All Events
  • Sponsorship Sign at All Events as Corporate Sponsor
  • Sponsorship of Annual Meeting
    • Annual Meeting Website
    • Electronic Mailing List of Attendees
    • Exhibit Table
    • Event Emails
    • Main Brochure
    • Onsite Brochure
    • Social Media Promotion
    • Sponsorship Sign

SELECT ($6,000)

Additional Benefits

  • 3 Individual Memberships

ELITE ($13,000)

Additional Benefits

  • 5 Individual Memberships
  • 5 Complimentary Registrations to All Educational Programs*
  • 2 Economic Development Basic Course Scholarships

Additional Recognition

  • Listing on all MEDA Membership Newsletters
  • Listing on all Job Postings
  • Listing on all Help A MEDA Member Requests

Additional Annual Meeting Sponsor Benefits

  • Opportunity to Address Audience

*Excludes MEDA-hosted courses for nationally-recognized certification, such as IEDC and NDC certification courses.

Annual Meeting Sponsorship

Enjoy the opportunity to meet, greet, and generate new business, by sponsoring our premier event, which brings our members together for 3 days to learn, brainstorm, and network. A variety of economic development topics are covered, and nationally recognized experts are featured to give participants the latest information.

*If you would like to sponsor specific portion - such as a session - please contact us.

BASIC LEVEL

All 2019 Annual Meeting Sponsors Get Basic Level Benefits

FRIENDS OF MEDA ($600)

Recognition

  • Annual Meeting Website Listing
  • Emails – 4 to 5 emails sent to over 4,000 contacts
  • Main Brochure – Mailed to over 6,000 contacts
  • Name Badges – Identifier as sponsor on name badge for all company employees
  • Onsite Brochure – Provided to all conference attendees and speakers
  • Social Media Promotion – Post Recognizing Contribution
  • Sponsorship Sign – Displayed prominently throughout conference – in all rooms and during receptions – as rotating desktop background

ENHANCED LEVELS (Includes Exhibit Booth)

Ehananced Levels Include Basic Level and Additional Benefits/Recognition

GOLD ($3,000)

Additional Benefits

  • 1 Complimentary Registration
  • 1 Complimentary Membership

Additional Recognition

  • Opportunity to Address Audience
  • Opportunity to Distribute Materials*
  • Electronic Mailing List of Attendees
  • Exhibit Table

*Distributed materials and their placement must be approved by MEDA staff prior to the conference.

SILVER ($1,600)

Additional Benefits

  • 1 Complimentary Registration

Additional Recognition

  • Electronic Mailing List of Attendees
  • Exhibit Table

OTHER OPPORTUNITIES (DOES NOT Include Exhibit Booth)

Other Opporunities Include Basic Level and Additional Benefits/Recognition

LUNCH ($2,000) – 1 spot

Additional Benefits

  • 1 Complimentary Registration

Additional Recognition

  • Electronic Mailing List of Attendees
  • Exclusive Placement of Company Flyer and/or Giveaway on Tables

OPENING RECEPTION ($2,000) – 1 spot

Additional Benefits

  • 1 Complimentary Registration

Additional Recognition

  • Electronic Mailing List of Attendees
  • Welcome Attendees

CONFERENCE BAG ($1,200) – 1 spot

Additional Benefits

  • 1 Complimentary Registration

Additional Recognition

  • Logo on Bags Provided to All Attendees

BRONZE ($1,200)

Additional Benefits

  • 1 Complimentary Registration

Additional Recognition

  • Electronic Mailing List of Attendees

BREAKFAST/COFFEE SPONSOR ($1,000) – 2 spots

Additional Benefits

  • 1 Complimentary Registration

Additional Recognition

  • Breakfast/Coffee Clearly Labeled, Thanking Your Company

TOUR ($800)

Additional Recognition

  • Opportunity to Address Tour Audience

Membership Program Sponsorship*

MEDA has three, day-long programs that attract economic developers from around the state. Sponsoring these events provides meaningful engagement opportunities throughout the day.

CAPITOL DAY ($1,500)

Capitol Day is MEDA’s annual legislative conference, which includes sessions on the latest legislative issues related to economic development as well as State and Federal agency updates on economic development initiatives and laws.

THE FALL ECONOMIC DEVELOPMENT TOOLBOX ($1,500)

THE SPRING ECONOMIC DEVELOPMENT TOOLBOX ($1,500)

These events host sessions on a variety of components for economic development success: new tools and programs, updates to existing tools and programs, best practices, marketing, unique ideas, skill-building, and leadership. The agendas are unique to each program.

Benefits and Recognition

  • 1 Complimentary Registration
  • Opportunity to Address Audience
  • Electronic Mailing List of Attendees
  • Exhibit Table
  • Event Emails
  • Main Brochure
  • Event Handouts
  • Program Webpage
  • Social Media Promotion
  • Sponsorship Sign

*Limited to 4 sponsors per event.

Emerging Leaders Spring Program Sponsorship

The Michigan Economic Developers Association Emerging Leaders Network is a member-driven organization that supports early-career economic developers and helps them to excel in their field by providing them with the tools and opportunities to be successful through training, mentoring, and networking and outreach.

Get in touch with tomorrow’s leading economic developers by supporting the Emerging Leaders Spring Program.

EMERGING LEADERS SPRING PROGRAM SPONSORSHIP PACKAGE ($600)

Recognition and Benefits

  • Opportunity to Address Audience
  • Event Emails
  • Main Brochure
  • Event Handouts
  • Program Webpage
  • Social Media Promotion
  • Sponsorship Sign

Michigan's Economic Development Basic Course Sponsorship

MEDA makes it a priority to provide certification courses for the professional development of its members. The Basic Course, which is the first step in the Certified Economic Developer (CEcD) designation through the International Economic Development Council (IEDC), attracts 30-45 economic developers each year for comprehensive training by experienced leaders. Supporting this event will provide scholarship(s) that would otherwise not be available to economic development professionals whose organizations have limited financial resources.

MICHIGAN'S ECONOMIC DEVELOPMENT BASIC COURSE PACKAGE ($625)

Recognition and Benefits

  • Press Release to Display Your Generosity for this Cause
  • Electronic Mailing List of Attendees
  • Event Emails
  • Main Brochure
  • Event Handouts
  • Program Webpage
  • Social Media Promotion
  • Sponsorship Sign

Networking and Knowledge Exchanges Sponsorship

MEDA’s Regional Networking and Knowledge Exchange events allow plenty of time for networking as well as an educational component so attendees receive the added value of information and resources to help do their job more efficiently and effectively.

There are typically two events per year and sponsorship of the events is separate.

NETWORKING AND KNOWLEDGE EXCHANGE SPONSORSHIP PACKAGE ($750 - $1250)*

Recognition and Benefits

  • Opportunity to Address Audience
  • Electronic Mailing List of Attendees
  • Event Emails
  • Event Handouts
  • Program Webpage
  • Social Media Promotion
  • Sponsorship Sign

*Subject to the cost of the event.

MEDA and CBP Website Sponsorship

Visibility is key in today’s digital world. MEDA provides the opportunity for companies and organization that want to connect with the economic development community to have a long-lasting presence on our website and the Michigan Certified Business Park (CBP) program website.

2018 Q4 Website Stats
The MEDA website has received 35,732 hits from January 1, 2018 – September 31, 2018. The CBP website has produced an additional 22,539 hits from January 1, 2018 – September 30, 2018.

2017 MEDA: 51,288                2017 CBP: 10,310
2016 MEDA: 54,342                2016 CBP: 10,754

2018 Q4 Social Media Stats

Twitter Followers: 1,774
LinkedIn Connections: 1,683
Facebook Followers: 620

MEDA AND CBP WEBSITE SPONSORSHIP PACKAGE ($750)

Recognition and Benefits

  • Your logo, linking back to your company webpage, is placed on each page of the MEDA and CBP websites for 12 months.
  • We will provide a kickoff post on our Facebook, Twitter, and LinkedIn pages announcing your sponsorship.

MEDA is a 501 (c) 3 non-profit.

Join MEDA

The Michigan Economic Developers Association exists to increase members' knowledge and understanding of economic development.

Since 1960, MEDA has provided services and programs that enable our members to be more effective in attracting and retaining business that provide quality employment for communities around the state. MEDA primarily focuses on giving members opportunities to learn, advocate, and network for the benefit of Michigan's economic growth. Our efforts help economic developers make Michigan a better place to work, live and play.

Corporate Sponsors

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Contact Us

Michigan Economic
Developers Association
P.O. Box 15096
Lansing, MI 48901-5096
PH: 517-241-0011
meda@medaweb.org

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