Michigan State University aims to tap in-state suppliers for at least half of its purchasing, as the first university to partner with the Michigan Economic Development Corp. in a new program designed to boost Michigan companies.
Pure Michigan Business Connect is an MEDC initiative connecting in-state companies to business resources, including large buyers such as MSU. Companies can find new ways to raise capital; get access to professional business services at little or no cost; connect with each other through a new business-to-business network; and identify potential supplier opportunities, while developing resources to improve their supply chains.
“We are pleased to welcome Michigan State University as the first university to join Pure Michigan Business Connect, our multifaceted initiative that helps Michigan businesses grow,” said Gov. Rick Snyder. “MSU’s commitment will significantly add to the bid opportunities available to Michigan companies.”
Michigan State last year spent around $396 million in-state on products ranging from paper clips to vehicles. Recent examples include the university purchase of more than 1,000 energy-saving light fixtures from a Jackson firm, and a 13-foot diameter, 400,000-pound component for its Facility for Rare Isotope Beams from a Bay City company.
“Our deep land-grant connection to Michigan is reflected not just by our in-state enrollment leadership but in our interest in the success of Michigan companies and a growing economy,” MSU President Lou Anna K. Simon said. “We’re a leader in supply chain education, moreover, so we understand the potential of such a network to benefit everyone.”
Michigan State’s undergraduate supply chain program is ranked first in the nation in rankings compiled by U.S. News and World Report. The university also operates a corporate liaison office called MSU Business-CONNECT, which develops strategic partnerships and facilitates research relationships with the business community.
Register for Pure Michigan Business Connect at: www.puremichiganb2b.com. For information on Pure Michigan Business Connect, visit www.michiganadvantage.org/Business-Connect/.
For information on becoming an MSU supplier, go here.
The MEDC markets the state with a focus on business, talent, jobs and helping to grow the economy. For more on MEDC and its initiatives, visit: www.MichiganAdvantage.org.