Michigan Expats - Commentary - See All Commentary
Apparently we were not the only ones with the idea to unite the Michigan community outside of the mitten as Michigan Corps also made their official launch last week and apparently stole all of the media coverage on the subject. The Wall Street Journal, Chicago Tribune, and various Michigan newspapers covered the official launch of the philanthropic non-profit while we were limited to emails and Facebook postings to friends and families (BTW - we love you and please continue to spread the word).
Like Michigan Expats, Michigan Corps recognizes that Michiganders remain passionate about Michigan and claim that "Michigan Corps is the premier vehicle for converting this loyalty into meaningful impact." Donations through Michigan Corps will fund grants for small businesses and entrepreneurial training in Michigan focused on economic transformation and wealth creation.
While the website explicitly references and channels JFK's, "ask not" inaugural speech, here at Expats we first thought of George W. Bush in the Rose Garden this winter calling upon Americans to help with the Haiti relief:
Certainly Michigan needs more small business investment and to do a better job harnessing the entrepreneurial spirit of Michiganders. Michigan Corps is a unique way to spur innovation and growth while also trying to keep Michigan expats engaged and involved from across the country. Maybe it will even result in some of them moving back home.
That being said, the long-term wealth creation that Michigan needs and Michigan Corps aims to help achieve will also require structural and institutional changes in Michigan. Michigan Corps may be able to successfully funnel investment funds from New York to San Francisco, but those businesses and entrepreneurs need additional help from Lansing to help enable continued success.