The Regional Chamber of Detroit has announced that they will launch a campaign that will raise approximately $2 million dollars for economic development purposes in the southeast area of Michigan and Detroit.
The campaign will be called the “Detroit Regional Prosperity Campaign”. Some of the members who will assist with the campaign include the DTE Energy chairman whose name is Gerry Anderson and the Chairman of Meritor Incorporated whose name is Chip McClure. The Chamber President whose name is Sandy Baruah elaborates on how the intention of the campaign is to boost the amount of jobs while creating business in the region of Southeast Michigan.
The campaign would also efficiently market the Southeast region of Michigan to many investment and economic development prospects. One of the most important efforts of the campaign will be to bring together economic development entities and the government so that coordinated efforts can take place without any disruptions. CEO’s McClure and Anderson also dedicated approximately $150,000 dollars towards the campaign to properly jump start it. CEO Gerry Anderson also states that DTE Energy wants to do as much possible to assist the state of Michigan as the general economic health of the state is struggling.
The Policy Conference for the economic development efforts is taking place at the Grand Hotel. The campaign for raising money was discussed for three days. The Mackinac Policy Conference brought in many public officials and leaders in business so that economic development can be discussed. There were nearly 1,500 people that were at the event as they discussed how money was going to be generated to assist the state of Michigan and the region of Detroit. Economic development is a very important factor especially due to the recession that negatively impacted the area of Detroit.
Overall, development funds are definitely needed for the state of Michigan and its surrounding regions.