Economic Development Futures Journal

Monday, July 12, 2004

counter statistics

Life Sciences in Michigan

Michigan's state government began a concerted effort to boost the life sciences industry in 1999.

•Funding: State funding for grants has dropped from $50 million in 2000 to about $25 million this year, including Michigan Economic Development Corp. money. Some of that money now goes to homeland security and automotive research.

•Michigan's original goal was to invest $50 million a year for 20 years.

•Michigan has about 32,000 workers in its life sciences industry.

•Overall investment in life sciences research and development, including private money, is about $2 billion a year.

Source: State of Michigan: Michigan Economic Development Corp

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