Christin Armstrong

The MI Future Mobility Plan 2.0 outlines the State of Michigan's strategy to lead the future of mobility by building on its historic leadership in the automotive industry. The plan is structured around three core pillars: CREATE, focusing on identifying and developing transformative mobility solutions; CULTIVATE, aimed at establishing a supportive ecosystem for thriving mobility enterprises; and PROPEL, dedicated to advancing Michigan's mobility workforce, talent, and industry. The overarching goal is to align state resources to build, test, commercialize, and scale next-generation transportation technologies, ensuring economic growth and improved outcomes for Michiganders.

The meeting addressed several key agenda items. Discussions included the consideration and approval of Resolution 2025-115 regarding the annual allocation of the 21st Century Jobs Trust Fund Appropriations for Fiscal Year 2026. Under Market The State, the Board considered and approved three resolutions related to Travel Marketing Contracts: one for representation in Germany, Austria, and Switzerland to TravelMarketing Romberg GmbH; another for representation in the United Kingdom, Ireland, and Scotland to Cellet Marketing and Public Relations LTD; and a Travel Public Relations Contract to FINN Partners, Inc. The Consent Agenda, approved by resolution 2025-119, included allocations for Small Business Funding and Entrepreneurship & Innovation Funding, along with several contract and RFP awards.

The Executive Committee meeting included discussions and actions on several key areas. The committee approved health benefit plan adjustments for 2026 and authorized a 3% cost of living adjustment for corporate employees, excluding the top 10% of earners. They also approved delegating budget-related staffing decisions due to a state budget impasse. Furthermore, the committee adopted a first quarter fiscal year 2026 budget. Updates were provided on strategic planning, the current reporting audit by the Office of Auditor General, and the CEO's report focused on the Make It In Michigan Strategy. A closed session was held to discuss information subject to attorney-client privilege.

The meeting addressed several key areas including community revitalization, business attraction and growth, administrative matters, and capital access. Approvals were granted for a Michigan Community Revitalization Program award, a State Essential Services Assessment Exemption for American Axle & Manufacturing, Inc., the creation of a Community Development Financial Institution Program, and an amendment to the SSBCI 2.0 Venture Capital award. The board also discussed and approved Michigan Innovation Fund Start-Up Services Awards.

The Michigan Strategic Fund Board is set to discuss several key items, including the MSF Annual Allocation of the 21st Century Jobs Trust Fund Appropriations for FY26, covering Business Attraction and Community Revitalization, as well as the Entrepreneurship Ecosystem. The board will also consider Travel Marketing Contract Approvals for representation in Germany, Austria, Switzerland, the United Kingdom, Ireland, and Scotland. Additionally, there will be a review of the Proposed October 28, 2025, Meeting Minutes, FY2026 Small Business Funding Allocations, FY2026 Entrepreneurship & Innovation Funding Allocations, and various business and travel marketing contracts and amendments.