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University of Michigan Office of the Vice President for Research

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University of Michigan Office of the Vice President for Research

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    1. University of Michigan Office of the Vice President for Research

    2. EDA University Center for Economic Diversification EDA Community Economic Adjustment Program Great Lakes Trade Adjustment Assistance Center Michigan Business: Surviving to Thriving IRLEE Assist Communities in Economic Recovery

    3. The University of Michigan Center for Economic Diversification Was established in 1978 to help the Michigan economy become more broadly based. A primary goal is to help communities and companies become more innovative, flexible, efficient, and globally competitive. IRLEE Assist Communities in Economic Recovery

    4. The Community Economic Adjustment Program (CEAP) links communities that are experiencing significant socio-economic dislocation resulting from automotive plant closures to support services and/or funding opportunities available through federal, state, and non-profit resources. CEAP works with communities and local social service agencies to assist them in the proposal preparation process. IRLEE Assist Communities in Economic Recovery

    7. University of Michigan

    8. Automotive Manufacturing Assistance Program Pilot Program For the State of Michigan only

    10. Successful AMAP Pilot Expanded

    11. AMAP End and Michigan Business: Surviving to Thriving (MB:S2T) Start Presently has 56 active firms 4,397 Michigan jobs in the 56 firms $835 Million in total sales revenue Identified over $1,700,000 of Client projects Average Size Firm 80 Employees and $15M in sales

    12. Michigan Business: Surviving to Thriving (MB:S2T) Current Client Base Presently has 17 active firms 645 Michigan jobs in the 17 firms $161 Million in total sales revenue Identified over $350,000 of Client projects

    13. Michigan Business: Surviving to Thriving Michigan Department of Labor and Economic Growth funded Eligibility At-risk Michigan businesses between 25 - 500 employees Been in Business for two years Plans to strengthen their Michigan operations

    14. Michigan Business: Surviving to Thriving Three Phases Application phase 1-2 days Free Planning phase 2-8 weeks $1,000 - $4,000 Implementation phase 2-3 Years Up to 25,000 in matching funds (%50)

    15. Michigan Business: Surviving to Thriving (MB:S2T) Application Phase Interested firm fills out an application form Submits 2 years of financial data and employment figures MB:S2T reviews data MB:S2T qualifies the firm onsite at IRLEE Cost Share Agreement is Signed

    16. MB:S2T PLANNING PHASE Detailed financial review (ratio analysis) Interview key executives and managers Interview key labor leaders and select employees Observe and evaluate operational processes Document observations, key points, and recommendations on all functional aspects of the operations Identify projects and define scopes of work

    17. MB:S2T Implementation Phase Implement projects identified in the planning phase Arrange for outside professional help University of Michigan contract the firms selection University of Michigan pays 50% of the professional fees Monitor performance

    19. MARKETING Market Research Sales New product development INDUSTRIAL AND SYSTEMS ENGINEERING Lean Manufacturing Productivity improvements Quality certifications (ISO, TS) FINANCIAL AND GENERAL MANAGEMENT Customizing, implementing ERP systems and training General Management training WORKFORCE SKILLS Computer and Equipment Training General

    20. Machine Company Client

    21. Machine Company (cont.)

    22. Printer Mfg.

    23. MB:S2T and GLTAAC

    24. Prior MB:S2T and GLTAAC Outreach Sources

    25. MB:S2T and GLTAAC timing

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