Pure Michigan Business Connect (PMBC) is a multi-billion dollar public/private initiative developed by the Michigan Economic Development Corporation (MEDC)

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Presentation transcript:

Pure Michigan Business Connect (PMBC) is a multi-billion dollar public/private initiative developed by the Michigan Economic Development Corporation (MEDC) connecting Michigan businesses to new business opportunities and a suite of business support services.  Michigan businesses can sign up for free to a premiere business-to-business (B2B) network to explore new sales leads, expand their supply chain by reviewing Michigan business capabilities and capacities, and access a wide variety of services across financing, talent, and business acceleration.  More information is available at puremichiganb2b.com

Pure Michigan Business Connect (PMBC) is a governor-driven initiative that matches global purchasers to qualified Michigan suppliers based on purchaser interest area. PMBC operates through the Michigan Economic Development Corporation. Since 2011, PMBC has set-up over 4,00 0unique meetings between over 200 purchasers and Michigan suppliers across industries. This matching has helped to facilitate $2 billion in contracts.

Michigan is investing and reinvesting to ensure future business success MEDC wants to make sure businesses have the assistance, resources and services needed to grow Two-thirds of all new jobs are created by small businesses and generate half of the U.S. gross national product

For every $200K in ongoing procurement with a Michigan supplier, our research team has found that on average 1 job is created. This is actually more conservative than the numbers several federal programs use. (If asked, ongoing implies a multi year contract.)

Puremichiganb2b.com Website that enables Michigan businesses to post procurement needs and search for qualified suppliers. Regional & Economic Development Partner Searches MEDC has an extensive internal and external support structure. This includes MEDC’s business development team as well as local economic development partners. Combined, these entities visit and work with thousands and thousands of Michigan businesses annually. This rolodex is a powerful tool in searching for unique supplier needs. Additionally, MEDC works closely with associations and chambers to further supplier intelligence. Examples include Detroit Regional Chamber, Michigan Manufacturing Technology Center (MMTC), Michigan Manufacturer’s Association (MMA), Michigan Minority Supplier Diversification Council, Small Business Association of Michigan (SBAM) and others. -Ryan Michael is the lead on this. Supplier Summits Bringing together Procurement buying teams from both Michigan (Ford, Consumers Energy, GDLS) and outside of Michigan (Boeing, NASA, Pratt&Whitney) to connect them with qualified Michigan suppliers. -Ryan is also the lead on this

2000+ MI suppliers have been selected for a PMBC Summit in past 18 months: Statewide Participation Multiple Sectors Strong Business Diversity 460 Woman Owned 148 Veteran Owned 287 Minority Owned

Over $2.8 billion in facilitated contracts 200+ global purchasers 6,000 + unique purchasing needs received through PMBC 42,000+ companies at www.puremichiganB2B.com 2.2 billion in facilitated contracts 200+ global purchases 50+ service programs including over 30,000 probono hours 42,000 companies at puremichiganB2B.com 5,000 summit needs received, 684 B2B leads, pad for specialty searches and trade missions.