San Francisco Business Times lauds Michigan government efforts to boost new economy

Maybe it's a case of the grass being greener on the other side of the fence, but whatever the reason, it's nice to see Michigan's new economy initiatives get some respect; if not even a little envy from the state it's trying to emulate. California, take a page from Michigan's playbook.

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"Michigan," the founder of San Francisco's CMEA Capital repeated. "Now I'm not that close to it, but you see it more in programs and policies. They're protecting small businesses, providing tax breaks — lots of breaks — and they're providing worker training incentives."

Also, Baruch noted, Michigan has a strong delegation in Congress that has helped funnel federal stimulus program cash in an effort to transform the world's auto capital into a green-auto hub.

"(State government has) tends to be less antagonistic and more of what you might call 'participatory' in bringing together assets within the state, including the universities," said Baruch, whose firm has bankrolled the likes of cleantech companies Codexis and Solyndra.

Read the rest of the story here.

San Francisco Business Times lauds Michigan government efforts to boost new economy

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