Michigan State U To Create Michigan's First University-Based Economic Development Center

Thursday, October 13, 2011

Michigan State University is creating an economic development center focusing on new ways of generating businesses and jobs as Michigan tries to revitalize and reinvent its manufacturing industry.

The project, funded by a $915,000 grant over five years from the U.S. Economic Development Administration, involves partnering with other colleges, local and regional governments, private businesses and other groups to produce or identify innovative ideas and practices that can be shared.

Rex LaMore will oversee the MSU University Center for Regional Economic Innovation, which is the first university-based center in Michigan to support research in economic development innovation in a collaborative manner.

LaMore, a veteran economic developer and director of MSU’s Lansing-based Center for Community & Economic Development, said many economic development practices have become outdated in what has become a knowledge-based economy.

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