Understanding Michigan's Economic Development Funding Categories

On this week’s edition of the Talking Michigan Transportation podcast, a conversation with Mike Kapp, who directs the Michigan Department of Transportation’s Office of Economic Development (OED). 

Kapp explains the origins of the office and how its various programs provide benefits to communities across the state. He also breaks down the six categories that make up the program. 

Later, Kapp talks about the office’s 2024 accomplishments, including distributing $23.1 million in Category A grant funds, which: 

• Generated $4.5 billion in private investment,
• Supported 4,414 jobs, and
• Resulted in $262 in private investment for every public dollar. 

See all of the OED’s accomplishments online.