Governor Jennifer M. Granholm today announced Michigan companies to receive loans under the Company Formation and Growth Fund, an initiative designed to retain Pfizer talent and assets in Michigan as a result of the global downsizing of the company’s workforce. The Michigan Strategic Fund has approved $5.05 million in low-interest loans to 22 companies in Ann Arbor, Jackson, Kalamazoo, and Portage. Combined, the companies are expected to create 101 new jobs.

Read more