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Detroit Regional Chamber Economic Development Update, February 2013

Detroit Regional Prosperity Campaign Ramping Up for Successful 2013As we catch our breath from the thrill of this year’s North American International Auto Show, the Detroit Regional Chamber’s economic development team can also celebrate some resounding January successes. Working alongside our colleagues throughout the Chamber, we will continue this results-oriented pace throughout 2013.

The Detroit Regional Prosperity Campaign has now surpassed $1.3 million in commitments, and the Campaign is fully geared up for a final push toward its $2 million annual contributions goal. Staffing and calendaring of all investor oversight and program committees is also ramping up, so this will be a year of unprecedented investor involvement in Chamber programs. The Chamber is looking forward to a successful 2013 for the region.

Chamber’s Business Attraction Program Hosts CITCA During NAIAS

The Detroit Regional Chamber economic development team hosted the Chicago International Trade Commissioners Association (CITCA) again this year at the North American International Auto Show. CITCA represents over 50 foreign trade commissioners who are their country’s key partners in all bilateral trade activity in the Midwest. These key partners were anxious to get an update on the comeback of the automotive industry and learn about resources available in the region to support foreign firms considering entering the U.S. market. The group heard presentations from the Center for Automotive Research, Michigan Manufacturing Technology Center, the director of the White House Auto Recovery Office and the Michigan Economic Development Corporation.

Over the course of two days, the Chamber hosted CITCA at Next Energy to learn about technologies related to electric vehicles, Wayne State University’s School of Engineering and Rayconnect, a key global supplier in the industry. The Chamber also hosted a reception where more than 100 key public and private sector partners were able to network with the commissioners. Finally, the group was able to tour the NAIAS and see the new technologies and vehicles from the region.

As a result of these successful tours, there are two trade delegations scheduled to visit the region in the next six months. These delegations facilitate conversations about opportunities in the Detroit region with international companies and build relationships that increase the region’s position as the global leader in the automotive industry. For more information please contact Maureen Krauss at mkrauss@detroitchamber.com.

Connection Point Joins MEDC Pure Michigan Business Connect

The Detroit Regional Chamber’s Connection Point program has officially joined the Michigan Economic Development Corporation (MEDC) as part of the Pure Michigan Business Connect portfolio. Founded in 2009 with funding from the Economic Development Administration and New Economy Initiative for Southeast Michigan, Connection Point has made more than $200 million in bid opportunities available to Michigan businesses across 24 industries. Connection Point has partnered with the MEDC since December 2011 at various events, including the 2012 Mackinac Policy Conference.

“The Detroit Regional Chamber deserves our thanks for joining us in Pure Michigan Business Connect,” said MEDC President and CEO Michael A. Finney. “This commitment will significantly add to the bid opportunities available to Michigan companies.”

The partnership between the two to connect leading-edge Michigan companies to the global supply chain has proved fruitful, leading to the conclusion that the programs could efficiently leverage resources and better serve the state’s economy. The new agreement ensures the work of Connection Point will continue across the state. Moving forward, the Chamber will continue to serve as a strategic partner with the MEDC on Pure Michigan Business Connect and support Connection Point programming in Southeast Michigan. For more information, please contact Ben Erulkar at berulkar@detroitchamber.com.

MICHauto Looks Ahead to 2013

After a successful launch year, MICHauto is primed to build on that momentum in 2013. Highlights for the coming year include the utilization of the “Michigan is Auto” report to launch a public awareness campaign, educating Michigan’s citizens on the importance of the automotive industry to the state’s economy and aggressively marketing the automotive assets throughout the state to increase automotive investment.

MICHauto will be hosting a series of roundtables between the Michigan Economic Development Corporation and various stakeholder groups, to assist in the development of an automotive economic development strategy for the state of Michigan, and will continue to support automotive trade delegations visiting Michigan and the state’s delegations abroad.

The program will also be reaching out to Michigan’s university and high school students to promote automotive career opportunities and coordinate automotive facility tours. MICHauto will continue to work to increase communication between Michigan’s automotive stakeholders and the Michigan Legislature, to ensure familiarity and improve frequency of dialogue. Lastly, the program will continue to host quarterly events, including a first of its kind statewide automotive summit in the fall. For more information, please contact Rob Luce at rluce@detroitchamber.com.

Translinked to Host Quarterly Statewide Logistics Strategy Briefing

The state of Michigan is scheduled to complete its statewide logistics and supply chain long-term strategy during the month of February, capping an eight-month effort to outline the strategic objectives, principles and next action steps in this critical sector. Translinked will host a quarterly briefing in early March and attendees will hear information on the new statewide logistics and supply chain strategy. The briefing will serve as a roll-out and training session for the new Translinked economic development supply chain toolkit.

Executed by the Michigan Economic Development Corporation, the Michigan Department of Transportation and the Michigan Department of Agriculture and Rural Development, the committee concluded its work by conducting a series of nine focus groups across the state. The final report incorporated key feedback from industry practitioners, experts and observers. For more information on the event and Translinked, please contact Benjamin Erulkar at berulkar@detroitchamber.com.