One new job is created for every $200,000 of increased supply chain spending in Michigan. That means another family in Marquette or Grand Rapids or Detroit can make ends meet again because they have landed a good job again. For smaller businesses, that increase can make the difference between closing their doors and expanding their offerings.
As a company with a 74-year history of serving the people of Michigan, it makes sense for BCBSM to partner with the MEDC’s Pure Michigan Business Connect program. The Blues have invested in the cities and people of Michigan, most recently with its core cities work in Lansing, Grand Rapids and Detroit, and we believe supporting Michigan business is a good, strategic business decision.
A February Pure Michigan Business Connect event brought Ford and 30 of their Tier 1 suppliers together, resulting in 680 unique meetings for interested Michigan businesses. Each meeting included decision makers at Ford and 30 Tier one suppliers – an experience smaller companies may not have otherwise had without the MEDC’s support.
Ford and the 30 Tier 1 suppliers were just as pleased with the day-long event, as they were able to further diversify their supplier base with qualified Michigan based businesses, previously unknown to Ford and their suppliers. The collaboration resulted in innovative ideas and discussions to solve the 372 open procurement needs.
Partnering Pure Michigan Business Connect gives us the opportunity to continue seeking out the best and brightest companies to help us transform the way health care is delivered throughout the state. Keeping a diverse supplier base is important not only to our success, but to the success of the state, and this collaboration keeps our roster fresh with new ideas.
Will one event put hundreds of Michiganders back to work? Maybe not, but it does sow the seeds of growth. And doing our part to grow Michigan’s economy is the right thing to do.