Business Leaders for Michigan
Formation2009
TypeNon-profit
PurposeTo serve as the business roundtable for the state of Michigan
Location
Region served
Michigan
President & CEO
Jeff Donofrio
WebsiteBusinessLeadersforMichigan.com

Business Leaders for Michigan is a private, non-profit organization based in Detroit, Michigan, United States. Originally formed in 1970 as the Detroit Renaissance,[1] the organization was reconstituted in 2009 as Business Leaders for Michigan with an expanded focus on the entire state of Michigan.[2] Membership consists exclusively of the most senior level executives, and chairpersons of many of the state's largest employers and universities.

Mission

Business Leaders for Michigan, the state's business roundtable, is dedicated to making Michigan a Top 10 state for jobs, education, widely shared prosperity and a healthy economy. The organization is composed exclusively of the executive leaders of Michigan's largest companies and universities. Members drive nearly 40% of the state's economy, generate over $1 trillion in annual revenue and serve nearly half of all Michigan public university students.

Initiatives

  • Compete to Win: Michigan's Path to Top 10 A plan to make Michigan more competitive, with strategies to win new business, attract talent and generate more widely shared prosperity
  • Michigan Turnaround Plan,[3] a three-step plan for improving the state's economic and educational metrics
  • Accelerate Michigan,[4] a partnership between Business Leaders for Michigan and the University Research Corridor to facilitate a strategic alliance between the key business leaders and the leading research universities in Michigan, with the goal of accelerating the economic transformation of the area and cultivating entrepreneurship
  • Detroit Creative Corridor Center[5] is a partnership between Business Leaders for Michigan and the College for Creative Studies. DC3 was formed to accelerate the creative economy in Detroit with a focus on community outreach and events, business accelerator services, and resources for developing the talent of the creative professional.
  • Renaissance Venture Capital Fund,[6] a $100 million "fund of funds" created with the goal of promoting the growth of venture capital investments in Michigan, primarily in relation to bridging the work done by the emerging innovative companies in the area with the more established industrial and commercial bases
  • Annual Leadership Summit and CEO Summit, which are hosted to bring together Michigan business leaders and policymakers[7]

Notable members

References

  1. ↑ Kaffer, Nancy Detroit Renaissance announces new name, new focus, new plan for state Retrieved 23 February 2014
  2. ↑ King, R. J. (2018-11-01). "2018 CEO Summit in Detroit Releases Tools for Business Growth in Michigan". DBusiness Magazine. Retrieved 2020-04-24.
  3. ↑ Clickner, Amy Business Leaders for Michigan – Turnaround Plan Retrieved 23 February 2014
  4. ↑ "Accelerate Michigan". Archived from the original on 2014-02-18. Retrieved 2014-02-23.
  5. ↑ http://www.collegeforcreativestudies.edu/community-outreach-and-engagement/detroit-creative-corridor-center/
  6. ↑ http://www.renvcf.com/
  7. ↑ Roush, Matt 2013 Michigan CEO Summit Showcases Growth & Progress

Jake Bekemeyer, DBusiness: Business Leaders for Michigan Releases Plan to Spur Economic Growth in State, May 24, 2022

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