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Saginaw Future
Saginaw Future Inc. (commonly referred to as Saginaw Future or SFI) is a private nonprofit economic development organization that encourages investments in Saginaw, Michigan. It is an Accredited Economic Development Organization (AEDO) by the International Economic Development Council (IEDC). While the organization is private, it is primarily funded by area governments. History Saginaw Future was founded in 1992. In May 2008, the organization, along with the Michigan Economic Development Corporation, won the CoreNet Global Economic Development and Leadership Award for the two organizations collaborative work securing a planned US$1 billion expansion in Saginaw County by Hemlock Semiconductor Corporation. In May 2016, the City of Sagianw renewed a US$102,500 per-year agreement, set to expire on December 30, 2020, to support the organization's efforts. While the city has had a relationship with the organization since its founding, the contract was expanded to include coordination ...
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Economic Development Organization
An economic development organization (EDO) is an organization dedicated to the economic development of a region, be it a subnational area such as a town, city, county, province, or state; a whole nation; or transnational regions unified through economic integration. EDOs are typically government agencies, public-private partnerships, or non-governmental organizations (NGOs) working together with other actors to improve the regional economy they focus on (be it internal or external). EDOs are sometimes confused with regional development organizations (RDOs) which have a similar focus but whose operations are often based on foreign aid or foreign assistance. EDOs may not even need to fund their operations, programs, and services as they might simply operate as a consortium rather than as an incorporation. Overview Economic development has evolved into a professional industry of highly specialized practitioners. The practitioners have two key roles: one is to provide leadership in p ...
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501(c)(3)
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.IR ...
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Saginaw County, Michigan
Saginaw County, officially the County of Saginaw, is a county located in the U.S. state of Michigan. As of the 2020 Census, the population was 190,124. The county seat is Saginaw. The county was created by September 10, 1822, and was fully organized on February 9, 1835. The etymology of the county's name is uncertain. It may be derived from ''Sace-nong'' or ''Sak-e-nong'' ( en, link=no, Sauk land), as the Sauk (french: link=no, Sac) tribe is believed by some to have once lived there. A more likely possibility is that it comes from Ojibwe words meaning "place of the outlet" –''sag'' ( en, link=no, an opening) and ''ong'' ( en, link=no, place of). ''See'' List of Michigan county name etymologies. Saginaw County comprises the Saginaw, MI Metropolitan Statistical Area and is included in the Saginaw-Midland-Bay City Combined Statistical Area, the 5th largest metropolitan area in Michigan. Etymology The name Saginaw is widely believed to mean "where the Sauk were" in Ojibwe, fr ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Economic Development Organization
An economic development organization (EDO) is an organization dedicated to the economic development of a region, be it a subnational area such as a town, city, county, province, or state; a whole nation; or transnational regions unified through economic integration. EDOs are typically government agencies, public-private partnerships, or non-governmental organizations (NGOs) working together with other actors to improve the regional economy they focus on (be it internal or external). EDOs are sometimes confused with regional development organizations (RDOs) which have a similar focus but whose operations are often based on foreign aid or foreign assistance. EDOs may not even need to fund their operations, programs, and services as they might simply operate as a consortium rather than as an incorporation. Overview Economic development has evolved into a professional industry of highly specialized practitioners. The practitioners have two key roles: one is to provide leadership in p ...
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Saginaw, Michigan
Saginaw () is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both in the area known as Mid-Michigan. Saginaw is adjacent to Saginaw Charter Township and considered part of Greater Tri-Cities region of Central Michigan. The Saginaw County MSA had a population of 190,124 in 2020. The city is also the largest municipality in the Saginaw, Midland, and Bay City Metropolitan Area, with a combined population of 377,474 in the combined statistical area in 2020. The city proper had a population of 44,202 at the 2020 census. Saginaw was a thriving lumber town in the 19th century and an important industrial city and manufacturing center throughout much of the 20th century. During the late 20th century, its industry and strong manufacturing presence declined, leading to increased unemployment, crime, and a population decline. Neighboring communities, such as Saginaw Charter Township, saw subsequent population increases whil ...
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International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 5,000 members, IEDC is the largest national and global organization of its kind. IEDC is located in Washington, D.C., and is governed by a Board of Directors and by the President and CEO, currently Jeffrey A. Finkle, CEcD. As a 501(c)(3) nonprofit organization, IEDC is legally barred from endorsing political candidates and may only engage in limited lobbying activities. IEDC's strategic directives include the core topics of globalization, sustainability, entrepreneurship, and economic restructuring. IEDC works with communities and economic development organizations to weave these core topics into pertinent economic development projects, such as community revitalization, business development, and job creation nationwide and abroad. Background The IEDC was created as a result of a merger between the Council of Urban Economic Development (CU ...
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Michigan Economic Development Corporation
The Michigan Economic Development Corporation (MEDC) is a public-private partnership agency and economic development corporation dedicated to job creation in the U.S. state of Michigan. Operating under the slogan "Pure Michigan", the MEDC attempts to encourage the tourism potential of the state and foster business relocations to Michigan. The Michigan Economic Development Corporation is the successor-in-interest of the Michigan Jobs Commission, created in 1993. The Commission was translated into the Development Corporation in 1999. Its growth and operations during the following twenty years reflected the urgency of moving away from Michigan's perceived standing as a one-industry state dependent on fluctuating conditions in the motor vehicle industry. See also * Educational inequality in Southeast Michigan References {{authority control Economic Development Corporation Economic Development Corporation State departments of economic development in the United States Economic ...
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Hemlock Semiconductor Corporation
Hemlock Semiconductor (HSC) is the largest and only producer of hyper-pure polysilicon headquartered in the United States. Founded in 1961, it is owned by Corning Inc. and Shin-Etsu Handotai and named after Hemlock, Michigan, the location of its factory. Its current facilities produce between 30,000 and 35,000 tons of polycrystalline silicon, ranking it among the top five producers worldwide. Polycrystalline silicon, also called polysilicon, is a high purity, polycrystalline form of silicon, used as a raw material by the solar photovoltaic and electronics industry. Former Tennessee facility The company expanded with the Japanese joint venture partners Shin-Etsu Chemical and Mitsubishi Materials, for a new $1.2 billion plant opening near Clarksville, Tennessee. Though it officially opened in 2012, chemicals were never inventoried and no product was made. The plant was under negotiations in 2011 for a further $3 billion expansion, to keep pace with manufacturing competition from Ch ...
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1992 Establishments In Michigan
Year 199 ( CXCIX) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was sometimes known as year 952 ''Ab urbe condita''. The denomination 199 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Mesopotamia is partitioned into two Roman provinces divided by the Euphrates, Mesopotamia and Osroene. * Emperor Septimius Severus lays siege to the city-state Hatra in Central-Mesopotamia, but fails to capture the city despite breaching the walls. * Two new legions, I Parthica and III Parthica, are formed as a permanent garrison. China * Battle of Yijing: Chinese warlord Yuan Shao defeats Gongsun Zan. Korea * Geodeung succeeds Suro of Geumgwan Gaya, as king of the Korean kingdom of Gaya (traditional date). By topic Religion * Pope Zephyrinus succeeds Pope Victor I, as the ...
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Economic Development Organizations In The United States
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howev ...
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Economy Of Michigan
Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the largest by area east of the Mississippi River.''i.e.'', including water that is part of state territory. Georgia is the largest state by land area alone east of the Mississippi and Michigan the second-largest. Its capital is Lansing, and its largest city is Detroit. Metro Detroit is among the nation's most populous and largest metropolitan economies. Its name derives from a gallicized variant of the original Ojibwe word (), meaning "large water" or "large lake". Michigan consists of two peninsulas. The Lower Peninsula resembles the shape of a mitten, and comprises a majority of the state's land area. The Upper Peninsula (often called "the U.P.") is separated from the Lower Peninsula by the Straits of Mackinac, a channel that joins Lak ...
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