# Michigan Economic Development Corporation

Michigan Economic Development Corporation is a Government / Public Body based in Lansing, United States.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Lansing, United States
- **Region:** North America
- **Address:** 300 N. Washington Sq., Lansing, MI 48913, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** www.michiganbusiness.org
- **LinkedIn:** https://www.linkedin.com/company/medc

## Regulatory record

- **Reports private funds:** No

## About

The MEDC helps businesses at every stage of growth thrive in Michigan. Get connected with funding opportunities, resources, and business development services.

## Sectors

- Mobility & Transportation
- Energy Transition & Renewables
- SpaceTech
- Advanced Manufacturing
- Real Estate

## People

- Quentin L. Messer, Jr. — CEO of MEDC and Chair of the Michigan Strategic Fund Board
- Gretchen Whitmer — Governor of Michigan; appoints the MEDC Executive Committee and MSF Board

## Questions

### Who controls investment and incentive decisions at MEDC?

The CEO of MEDC also serves as Chair of the Michigan Strategic Fund board, which approves all major incentives and direct investments. The Governor appoints the MEDC Executive Committee and MSF board members, so ultimate authority rests with the administration. Day-to-day deal structuring is handled by MEDC's business development teams.

### How does MEDC source deals versus traditional funds?

MEDC does not source proprietary deal flow in the venture-capital sense; it responds to inbound relocation requests from site selectors, runs an open real estate database for companies, and partners with regional economic developers who surface local projects. For innovation-stage companies, the SmartZone network acts as a feeder system.

### Is MEDC a grantmaker, a direct investor, or both?

MEDC administers grants, direct loans, and equity-like incentives from the Michigan Strategic Fund. It also makes site infrastructure investments and runs a small-business assistance program. It does not manage a defined pool of committed capital like a private fund — its authority is tied to legislative appropriations and MSF bonding capacity.

### How is MEDC separated from state philanthropy like the Council of Michigan Foundations?

MEDC governs deployment of public economic development funds; the Council of Michigan Foundations is an independent association of grantmaking institutions. They collaborate on aligning philanthropic capital with state priorities, but MEDC has no control over foundation endowments. The Michigan Economic Development Foundation is a related nonprofit that can accept private donations to support MEDC's mission, providing a formal firewall between state money and private charitable giving.

## Related profiles

- [Michigan Capital Network](https://altss.com/profile/michigan-capital-network)
- [Michigan Farm Bureau Insurance](https://altss.com/profile/michigan-farm-bureau-insurance)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/michigan-economic-development-corporation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology