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Michigan’s continued momentum in holistic economic development is garnering international attention. From its business-friendly atmosphere to the amazing quality of a Pure Michigan lifestyle, there’s no better place to live and business climate to operate in:

  • Michigan is the No. 1 state in the country for automotive manufacturing and electric vehicle (EV) industry investment, according to Business Facilities’ 19th Annual Rankings Report, and made the top 10 for other categories such as FDI investment, customized workforce training and life sciences.

  • Michigan is a top 10 state for business according to CNBC’s list of “America’s Top State for Business” in 2023, thanks to strong job growth, advanced manufacturing leadership and a low cost of doing business and living.

  • Michigan climbed eight spots—up to #12—in Site Selection Magazine’s ”Top State Business Climate Rankings” thanks to factors including ease of permitting, workforce skills and land and building prices and supply.

  • Area Development’s ”Top States for Doing Business 2023” lifted Michigan to the No. 13 spot overall, with the second-best ranking for industrial water availability, and a top 10ranking for a cooperative and responsivestate government.

  • Climate Power showed Michigan is leading America’s clean energy boom as the No. 3 state for clean energy investments.

  • The MEDC earned honors in the Startup Ecosystem Stars Awards’ “Top Talent & Research” category thanks to its work aligning Michigan’s workforce with the demands of the state’s evolving mobility industry.

  • The MEDC was recognized in Inc.’s 2023 Power Partners Awards for high-caliber B2B companies in the “Business & Services” category.

  • Development Counsellors International named the MEDC as the No. 4 best-in-class state economic development agency, after a survey of location consultants.

  • The MEDC received a Silver Shovel for the investment from home-grown Michigan company ONE’s battery manufacturing campus.

  • Michigan is the 4th best state to live in according to MoneyRates.com’s 2023 rankings.

  • Ann Arbor is the No. 2 best college town in the country on WalletHub’s 2023 ranking (No. 1 for small college towns) and is the 8th best place to retire, according to U.S. News & World Report’s 2022–23 ranking.

  • Detroit Metropolitan Wayne County Airport was named the most satisfying North American mega-airport by the J.D. Power 2023 North America Airport Satisfaction Study.

  • Condé Nast Traveler named Detroit on its list of the “Best Place to Go in North America & the Caribbean” in 2024 and AFAR named Detroit one of the world’s ultimate travel places in “Where to Go in 2024.”

  • Belle Isle State Park on the Detroit River was named one of the “25 Best City Parks in America” by Travel Lens.

    Want to help continue Michigan’s growth? Contact us for details!