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21st Century
Jobs Fund Awards More than $100 Million to Accelerate High-Tech Research,
Commercialization Projects  I
had the pleasure of announcing the 61 awardees selected by the Michigan
Strategic Economic Investment and Commercialization (SEIC) Board
who will share more than $100 million from the first round of the
21st Century Jobs Fund initiative to create jobs in Michigan’s
emerging technologies. The initiative is part of my comprehensive
Jobs Today, Jobs Tomorrow economic plan to grow Michigan’s
economy.
The 21st Century Jobs Fund is a $2 billion, ten-year initiative
designed to accelerate the diversification of Michigan’s economy.
The commercialization component of the initiative devotes approximately
$800 million for competitive-edge technologies in the targeted sectors
of life sciences, alternative energy, advanced automotive materials
and manufacturing, and homeland security/defense. These awards recognize
some of the most promising and innovative job-creating ideas Michigan
has to offer.
Proposals approved include the following:
- Life sciences:
25 proposals - $45.7 million
- Alternative
energy: 4 proposals - $ 8.9 million
- Advanced
automotive materials and manufacturing: 26 proposals - $37.3 million
- Homeland
security/defense: 6 proposals - $ 9.3 million
The complete list of awardees is available online at www.michigan.org/21stcentury
The original field of 505 proposals was narrowed to 179 finalists
by an independent peer-review process conducted by the American
Association for the Advancement of Science (AAAS), the world’s
largest science and engineering association and publisher of Science
magazine.
To read more, click here.
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