Tag Archives: 10

Michigan saw over 10 million dollars of campaign ads leading up to primary

This year in Michigan the Presidential Primary process was highly competitive on either side of the aisle. More money was spent on TV ads than any previous year.

For some, the spending paid off, for others it was a wasted effort.

Dominic Trimboli spoke with Craig Mauger, a political analyst from the Michigan Campaign Finance Network. Here’s a shortened version of their conversation.
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$10 million STEM institute coming to Midland

MSU CREATE for STEM Institute logo

MSU CREATE for STEM Institute logo

A new 10-million dollar science, technology, engineering and math institute is coming to Midland.

The facility will be funded by Michigan State University, Dow Chemical Company, The Herber H. and Grace A. Dow Foundation, the Rollin M. Gerstacker Foundation, and the Charles J. Strosacker foundations.
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Warren Buffett in Michigan: Praises Detroit, announces investment in local businesses

Buffett1126-fotoWarren Buffett was in Michigan Tuesday to help launch a program that will invest $20 million in small businesses in and around Detroit.

Buffett is an advisor to Goldman Sachs’ 10,000 Small Businesses initiative, which is committing $15 million of capital to support small businesses in and around the city. Another $5 million will go to business training for Detroit entrepreneurs.

Despite Detroit’s historic bankruptcy filing, Buffett says the city has a “huge potential” for economic growth.

“You may need a reorganization plan,” said Buffett. “Exactly what it should be, I’m not an expert on that. But I do know that the resources in terms of the people, the businesses, the history, the culture are all here to have a great city in the future.”

“The United States with a flourishing Detroit is going to be a lot better United States than without one,” he said.

The announcement at Ford Field was a who’s who of business leaders and Michigan politicians. Buffett was joined by Governor Rick Snyder, Detroit Emergency Manager Kevyn Orr, members of Michigan’s congressional delegation, White House officials, and many more.

Goldman Sachs CEO Lloyd Blankfein said the company would not invest in Detroit if it didn’t believe the city will make a comeback.

“It wasn’t a great city. It was the greatest industrial city in the country – probably the world,” said Blankfein. “And so, I would not bet against it, I’d bet for it, and that’s what we’re doing here.”

Businesses interested in the 10,000 Small Businesses program have until January 6th to apply.

Click here too view information on the 10,000 Small Businesses initiative http://10ksbdetroit.com/