By
investing in our people and continuing to focus on innovation, Michigan
can’t help but thrive and begin
to overcome today’s challenging
economic times. We know that when Michigan innovates, it pays off
– and we are beginning to see signs all around us.
For example, the 21st Century Jobs Fund has already awarded funding
to 85 companies throughout the state in sectors of the economy
that are fueled by innovation. Companies
like Google, Global Engine Manufacturing Alliance, Hemlock Semiconductor,
and United Solar Ovonic. These are cutting-edge companies that are
helping to diversify and grow Michigan’s economy. In addition,
Microsoft CEO Steve Ballmer told the Detroit Economic Club recently
that investing in innovation is key to success in overcoming economic
challenges – both for government and for businesses.
Innovation
will also be the focus when governors from around the country gather
in Traverse City in July for the National Governors Association
(NGA) Annual Meeting, where Innovation America is the theme. I will
be highlighting all of the things we are doing in Michigan to foster
innovation – from working to attract cutting-edge industries
like alternative energy, to raising our high school curriculum standards,
to working to make college affordable and accessible for all of
our citizens.