Economic Development

GlobalWatt Finds Colorado Partner

A Saginaw company under fire for problems associated with its application for tax subsidies in Michigan says it will partner with a Colorado company on a solar module project, according to WJRT-TV 12 in Flint. … more

Lack of Transparency at MEDC, MEGA

The Washington Examiner and San Jose Mercury News both recently cited Mike LaFaive, director of the Morey Fiscal Policy Initiative, about the need for transparency within government-run economic development programs. … more

Bad Week for Michigan Corporate Welfare Machine

On Thursday the plug was officially pulled on a monumentally hyped film endeavor in Allen Park called "Unity Studios." There were no press releases from the Governor's office or the Michigan Economic Development Corp. announcing the evaporation of the mirage. … more

Media Reporting on MEGA Investigation

WNEW-TV5 in Saginaw reports that questions have been raised regarding an "alleged preferential tax deal" involving the Michigan Economic Growth Authority and GlobalWatt Inc. … more

GlobalWatt's the Deal?

'Jobs' Fund: More Funds Than Jobs?

A Lansing company that received $2 million in state subsidies three years ago is hoping to expand from 12 employees to 14, according to the Lansing State Journal… more

Pay Attention to Candidates' Stance on Subsidies

When considering which candidates to vote for in November — regardless of the office — be sure to examine their stance on Michigan's growing empire of economic development programs, which selectively hand out subsidies and tax favors to politically favored industries and firms. … more

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