"The signs are all around us - when Michigan innovates, it pays off," Granholm said. "We are creating jobs, growing our economy, and taking the first steps towards a vibrant, diversified future."
Granholm cited investment in cutting-edge technologies and job creation by companies like Google, the Global Engine Manufacturing Alliance, Hemlock Semiconductor, and United Solar Ovonic as progress in diversifying and growing Michigan's economy. Granholm also noted that the 21st Century Jobs Fund has already awarded funding to 85 companies across the state in sectors of the economy that are fueled by innovation. These companies are hiring people, growing in Michigan, and choosing to come to Michigan.
In addition, Microsoft CEO Steve Ballmer told the Detroit Economic Club last week that investing in innovation is key to success in overcoming economic challenges, both for government and businesses.
Innovation will also be the focus when governors from around the country gather in Traverse City in July for the National Governors Association (NGA) Annual Meeting, where Innovation America is the theme.
"I will be highlighting all of the things we are doing in Michigan to foster innovation, from working to attract cutting-edge industries like alternative energy, to raising our high school curriculum standards and working to make college affordable and accessible for all of our citizens," Granholm said about the NGA meeting.
