Crain’s Detroit Business: Michigan excels in R&D investment but struggles with startup commercialization, report finds

As seen in Crain’s Detroit Business May 22, 2025 A new report shows Michigan ranks ninth-best in the country among states investing in research and development, but lags in access to early and growth-stage funding, talent and its business ecosystem. Business Leaders for Michigan released its Innovation Economy Scorecard on Thursday, an analysis and assessment […]
Business Leaders For Michigan CEO Economic Outlook

Michigan CEOs signal weaker economic outlook for state and nation DETROIT – Michigan’s top executives signaled a weaker economic outlook for both the state and country compared to a year ago, citing pressure from tariffs and global economic uncertainty, according to Business Leaders For Michigan’s CEO Economic Outlook Survey released today. About 87% expect a […]
2024 Business Leaders For Michigan Benchmarking Report shows progress, along with action needed to reach Top 10

Michigan ranks 27th among all states, with gains driven by labor force participation and business growth DETROIT – Business Leaders For Michigan’s 2024 Benchmarking Report released today ranks Michigan 27th in the nation across key indicators measuring the overall economic prosperity of the state and its people. Results reflect recent gains in workforce participation, modest […]
Opinion: Time for Action

As published in Crain’s Detroit Business January 26, 2024 Time for Action By Jeff Donofrio Now more than ever, business and community leaders, legislators, and policymakers must come together to ensure Michigan can compete and win no matter the obstacles we face. It’s time for action. More action, less politics The results from our recent […]
Business Leaders For Michigan releases framework for holistic economic development, urges unity for the good of the state

Economic development framework requires strengthening fundamentals and ensuring consistent strategies to make Michigan a leader in income and population growth and business climate Goal is to help Michigan become a magnet for jobs, people and prosperity Download the Holistic Economic Development Report here DETROIT – Business Leaders for Michigan released a holistic economic development framework […]