Testimony — Quentin L. Messer, Jr., Building a Championship Economy (Michigan, February 28, 2023)
Summary
Slides titled Building a Championship Economy: A Quest for Greatness, dated February 28, 2023, with Quentin L. Messer, Jr. identified as Chief Executive & Economic Competitiveness Officer of the Michigan Economic Development Corporation. The slides open with NCAA championship rankings for Michigan universities and list challenges to be addressed, including population trends, federal funds, industry shifts, and climate change. They state a vision to make Michigan's economy the nation's fastest growing, most equitable and most resilient. They also describe MEDC small business services, including SSBCI 2.0 and Capital Access, and its administrative role for the MSF.
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“Testimony — Quentin L. Messer, Jr., Building a Championship Economy (Michigan, February 28, 2023).”
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BUILDING A CHAMPIONSHIP
ECONOMY: A QUEST FOR GREATNESS
Quentin L. Messer, Jr
February 28, 2023
MICHIGAN IS RELENTLESSLY FOCUSED ON WINNING
NCAA - DIVISION I OVERALL NCAA - DIVISION II OVERALL MAJOR LEAGUE
3
UNIVERSITY OF MICHIGAN
3
OAKLAND UNIVERSITY
#4 Most Individual Championships (322) #6 Most Individual Championships (159)
#2 Most Titles in One Sport (166) #6 Most Titles in One Sport (109)
MICHIGAN STATE UNIVERSITY
Most Team Championships (20)
GRAND VALLEY STATE
#8 Most Team Championships (27)
4 11
Total Individual Championships (85) #14 Most Individual Championships (79)
DIVISION I/NATIONAL DIVISION II DIVISION III
NCAA - TOTAL TEAM CHAMPIONSHIPS
Detroit Mercy: 1 Michigan Tech: 3 Central Michigan: 1 Northern Michigan: 3 Albion: 1 Hope: 3
University of Michigan: 36 Western Michigan: 2 Eastern Michigan: 3 Oakland University: 10 Alma: 1 Kalamazoo: 7
Michigan State: 20 Ferris State: 2 Wayne State: 1 Calvin: 11
Grand Valley State: 27
NCAA - TOTAL INDIVIDUAL CHAMPIONSHIPS
Central Michigan: 2 Michigan State: 106 Eastern Michigan: 12 Northern Michigan: 45 Adrian: 2 Hope: 34
Detroit Mercy: 2 Northern Michigan: 9 Ferris State: 6 Oakland University: 159 Albion: 7 Kalamazoo: 23
Eastern Michigan: 18 Western Michigan: 3 Grand Valley: 79 Saginaw Valley State: 12 Alma: 1 Lake Superior
University of Michigan: 322 Hillsdale: 15 Wayne State: 55 Aquinas: 1 State: 1
Source: NCAA Championship Summary – Through Jan. 1, 2022 Lake Superior State: 6 Calvin: 32 Olivet: 1
http://fs.ncaa.org/Docs/stats/champs_records_book/Overall.pdf
CHALLENGES MUST BE ADDRESSED TO
REALIZE MICHIGAN’S RIGHT TO WIN
Michigan has consistently lost at least
• Population Trends 1 seat in Congress since 1973:
20
18
• Federal Funds 16
CONGRESS SEATS
14
12
• Industry Shifts 10
8
6
• Climate Change 4
2
• Relevancy
0
1973 1983 1993 2003 2010 2022
YEAR
• Perception Number of MI Congress Seats By Year
OUR COMMITMENT TO HELPING ALL MICHIGANDERS SUCCEED
GUIDING PRINCIPLES STRATEGIC FOCUS AREAS
MISSION Sustained, long-term growth
Accelerate long-term job growth to
Achieve long-term economic
address impacts of automation and Attract, retain, and Support and grow Develop attractive
prosperity for Michiganders by protect Michigan’s economy against
investing in communities, grow business our talent places
downturns. Attract, keep and grow Cultivate the skills and Collaborate with local
enabling the growth of good jobs
businesses in industries talent needed for in- communities and
and promoting Michigan’s strong
that support maximum demand and high- partners to create
image worldwide growth in jobs, wages growth occupations places in which people
Regional impact and investments statewide and talent want to live,
Support every region – from rural work, visit and play
areas to urban centers – to improve
economic outcomes for all.
VISION
Make Michigan’s economy the
nation’s fastest growing, most Equitable, high-wage growth
equitable and most resilient by: Provide equitable pathways toward
high-wage growth that supports
opportunities for all. Accelerate high-tech Market the state Support small
Achieving ‘Top 10’ status for:
innovation Promote Michigan’s business
▪ Job growth in targeted
Support entrepreneurial image as a world-class Help existing small and
sectors growth to enable business location and microbusinesses grow
▪ Equitable job growth commercialization and travel destination and thrive and improve
Customer focus
▪ Real median household new high-tech business economic prosperity for
Bring a customer-first, partner-driven
income growth mentality to all we do. creation all through small
Attaining the largest net gain of business ownership
talent in the Midwest
Becoming top ranked EDO
4
A TEAM MICHIGAN
APPROACH
Supports transformational projects
Supports placemaking investments
Provides buyer/supplier matchmaking opportunities
Expands into international markets
WHAT DOES
THE MEDC DO? Accelerates startup opportunities
Helps small businesses grow
Promotes Michigan as a best-in-class destination for travel
and tourism
Protects and rehabilitates Michigan’s historic places
Business
WINNING IN OUR Service
Organizations
OWN BACKYARD:
SUPPORTING SMALL DDA /
Community EDO’s
BUSINESS Organizations
MEDC &
Core
Partners,
Steering
Supporting micro, early-stage, second-
Committee
stage and growth-stage companies to
find capital, help to implement systems CDFI’s, Banks
& Credit SmartZones
and technology, establish and diversify Unions
customer base and help find the talent
needed.
Professional
Service Firms
MEDC SMALL BUSINESS SERVICES
Early Stage & Growth Phase Second Stage
Microbusiness
• SSBCI 2.0 • Capital Access • Pure Michigan
Financial readiness Financing tools through Business Connect
technical assistance & lending institutions (PMBC)
lending programs with
focus on SEDI &
• System for B2B matchmaking
Integrated Growth program connecting
Microbusinesses buyers to MI suppliers
Mentorship program
• Mainstreet Small through Edward Lowe • International Trade
Business Foundation Export development
Initatives services & grants
Technical assistance & • SBDC Partnership
Coaching & training • Industry 4.0
grants
from statewide network Tools to support
manufacturers with
adopting new
technologies
SSBCI 1.0 SSBCI 2.0 CAPITAL ACCESS
# of
CAPITAL ACCESS LOAN PARTICIPATION
LOAN PARTICIPATION COLLATERAL SUPPORT
COLLATERAL SUPPORT LOAN GUARANTEE
Programs LOAN GUARANTEE VENTURE CAPITAL
TECHNICAL ASSISTANCE
REGIONAL & COMMUNITY BANKS
Participating
PRIMARILY MINORITY DEPOSITORY INSTITUTIONS
REGIONAL & CREDIT UNIONS
COMMUNITY MICROLENDERS
Lenders
BANKS CDFI’s
MANUFACTURERS
SERVICE PROVIDERS
Target MAIN STREET
EARLY-STAGE TECH
PREDOMINATELY
Customers
MANUFACTURERS MICROBUSINESSES
SEDI
9
MEDC’S TALENT ACTION TEAM
Developing strategic Promoting auto
• Serving as a concierge service for labor and skill forecasts industry as great
talent solutions in partnership with place to work, offering
companies so we know highly purposeful and
• Sourcing and training talent to give their top talent priorities rewarding career
Michigan companies an advantage
in the EV and mobility market
• Leveraging existing programs, like
Going Pro, MI Reconnect, and more Recruiting widely – Partnering with
via a network of training providers to
community partners – develop tailored,
to deepen diverse accelerated, flexible
pools of talent programs
HUNDREDS OF THOUSANDS OF JOBS AT
STAKE WITH THE TRANSITION TO EV
Auto industry creates ~20% of Michigan’s Over 300k MI EV jobs at stake in the next decade
total jobs based on Michigan's share¹
Auto-related MI jobs Potential scenarios of EV investment success
2019 actuals 2030 Auto-related MI jobs
1,190k
1.1x 1,030k
260k 950k
multiplier2 890k 430k EV
130k 270k
130k
690k 130k
310k 310k 310k Hybrid
~20% of the
3.1x 520k 4.8M total MI
multiplier labor force
450k 450k 450k ICE
170k
Manufacturing Wholesale / Total Auto + MI's share of No add’l EV Maintain current Increase EV
Dealer / Repair Related 2030 EV production EV share share to overall
Community Jobs production facilities auto share
3% of NAMR 8% of NAMR 12% of NAMR
Direct Community Fewer EV More EV
investment wins investment wins
All scenarios assumed same growth of hybrid and ICE jobs
1. Based on projected EV growth in overall demand/sales; MI could become a marginal EV player and lose EV market share with a growing overall market, maintain current market share or
capture share at higher rate 2. Weighted average multiplier: MI multiplier for wholesalers–1.9, MI multiplier for auto retailers–0.8, MI multiplier for repairs and maintenance–0.6
Source: 2019 Annual Survey of Manufacturers; 2017 Economic Census; Bureau of Labor Statistics; IHS Markit; EV Tier-1 2021 Report; Bureau of Economic Analysis (RIMS II)
CASE STUDY:
EV BATTERY INDUSTRY IMPACTS
Michigan supports 33% of U.S. battery production and development, and is ranked
5th in the U.S. for employment in related industries.
MEDC AND MSF CONNECTION
In 2006, the MEDC and the MSF entered into an administrative agreement for the MEDC to provide
administrative services to the MSF and allocate 4% of the annual appropriation to pay for staff.
MEDC MSF
ANNUAL BUDGET APPROVED DISCRETIONARY ANNUAL
BY EXECUTIVE COMMITTEE SERVICES FUNDS APPROPRIATED BY
LEGISLATURE
TRIBAL GAMING REVENUES
FUNDING ADMINISTERS FEDERAL FUNDS
INCLUDING SSBCI AND ARPA
ADMINISTRATIVE FUNDING
ALLOCATION FROM MSF
MSF BOARD ALLOCATES FUNDS TO
INVESTMENT PORTFOLIO MEDC TO ADMINISTER STATE
PROGRAMS
THANK YOU
Quentin L. Messer, Jr. | messerq@michigan.org
Chief Executive & Economic Competitiveness Officer,
Michigan Economic Development Corporation
225.235.4830 (personal mobile) | 517.881.5861 (work mobile)
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