Economic development: Michigan strategic fund; office of small business growth; establish. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding ch. 7A.
bill electronically reproduced 05/21/2026
Summary
The bill adds Chapter 7A to the Michigan Strategic Fund Act, establishing an Office of Small Business Growth headed by a governor‑appointed administrator. The office will help small firms (under 500 employees) by providing technical assistance, a one‑stop website, outreach, and coordination of state programs. It also requires annual reporting and sets conflict‑of‑interest rules for the administrator.
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