Today, U.S. Senator Debbie Stabenow (D-MI) participated in a roundtable meeting with local, high-tech business owners that work with the Michigan Tech Enterprise Corporation (MTEC) SmartZone to discuss the benefits of the Small Business Jobs Act . She was joined by Glen Mroz, President of Michigan Technological University, and university representatives who hosted the roundtable on campus. The Small Business Jobs Act , which was signed into law last month, cuts taxes for small businesses, increases access to capital, and helps small companies sell their products overseas.
"The best way to fix our economy is to create jobs, and the best way to create jobs is to help small businesses," said Stabenow. "The Small Business Jobs Act will support the economic development efforts by the SmartZone and Michigan Tech University by cutting taxes for small business owners and helping start-ups in Houghton. It will also help businesses get loans to expand their companies and assist them in exporting their products overseas. I want to thank President Mroz and Michigan Tech University for hosting this meeting, so local business owners can learn about the benefits of this important new law."
"We really appreciate Senator Stabenow making it a priority to meet with high-tech business leaders this morning. It shows she recognizes their importance to the economy," said President Glenn Mroz. "Worldwide, high-tech businesses are at the core of job creation -- and that's the same here in the Keweenaw where the tech sector is producing jobs ranging from those in the businesses themselves, to the many support roles including the trades people who are building and remodeling the facilities to accommodate the growth of these companies at places like the SmartZone, Finlandia's Jutila Center and Michigan Tech. This is making an impact on the economy of the Keweenaw, as well as the rest of the Upper Peninsula and the State."
The MTEC SmartZone supports technology-based start-ups and established enterprises with facilities and resources to help local businesses flourish. Working in collaboration with Michigan Technological University, SmartZone companies are able to access research and development ideas, programs and talent from faculty members and students.