Michigan Sens. Carl Levin and Debbie Stabenow today announced a federal grant from the Economic Development Administration that will support the creation of an economic development roadmap for the I-69 corridor in Genesee, Lapeer, Shiawassee and St. Clair counties.
"Planning for a diverse and vibrant economy takes vision and tenacity," said Levin. "This grant will help bring together the key players to work on a plan to grow the economy along the I-69 corridor in Genesee, Lapeer, Shiawassee and St. Clair counties that will benefit the entire region."
"I commend these communities for their efforts to attract new investment and jobs through this model regional effort," said Stabenow. "This support will help the region export more products and create new jobs."
The EDA investment of $70,000 will be used to develop a regional recovery strategy and cluster analysis for the I-69 Trade Corridor. The Comprehensive Economic Development Strategy will bring together the public and private sectors to design an economic development plan to diversify and strengthen the regional economy. The total project cost is $140,000.
EDA grants are awarded through a competitive process.