Michigan Economic Development
The Michigan Economic Development Corporation (MEDC), established in 1999, is a public-private partnership agency based in Lansing, Michigan. It is dedicated to fostering economic growth and job creation across the state. The MEDC achieves this by offering a range of business assistance services and capital programs, including business attraction and acceleration, entrepreneurship support, talent enhancement initiatives, and urban and community development projects. Additionally, it promotes tourism, film, and digital media industries, as well as arts and cultural affairs, through various incentives and grants. The MEDC works with businesses, entrepreneurs, and communities both locally and globally to strengthen Michigan's economy.
Past deals in Aluminum
Civilized Cycles
Grant in 2024
Civilized Cycles is a manufacturer of electric bicycles designed to combine the comfort, utility, and safety features typically found in scooters or light motorcycles with the simplicity and legality of conventional bicycles. Their e-bikes feature an all-aluminum frame and a lightweight battery equipped with two USB ports for convenient charging. Engineered for diverse environments, these bikes are suitable for navigating pothole-filled city streets, dusty dirt tracks, and hilly suburban areas, as well as wide-open spaces at any time of day. Additionally, the bikes are equipped with waterproof integrated panniers and an automatic suspension system that adjusts at the touch of a button, ensuring optimal safety and comfort for riders, whether traveling alone or with a passenger. This innovative approach allows for a sustainable and enjoyable riding experience.
Tooling & Equipment International
Grant in 2022
Tooling & Equipment International offers complete turnkey packages of tooling, fixtures, and automation systems to high volume foundries. They also build pre-production and production prototype aluminum castings for a wide variety of industries.
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