Huntington Bank CEO Steve Steinour speaks to reporters on the porch of the Grand Hotel on Mackinac Island in 2011. Gov. Rick Snyder is pictured over his right shoulder and Michigan Economic Development Corp. Michael Finney is seen over Steinour's left shoulder.

Pure Michigan Business Connect — a multibillion-dollar public-private initiative created last year by Gov. Rick Snyder and the Michigan Economic Development Corporation — is launching five new programs to aid business growth in the state.

The MEDC announced the initiatives at the Detroit Regional Chamber’s Mackinaw Policy Conference this week.

The initiatives “significantly expand our economic gardening toolkit to grow our state’s economy” by providing ways for companies to collaborate and take advantage of growth opportunities, MEDC CEO Michael Finney said in a press release.

To read the full, original article click on this link: MEDC announces 5 new business initiatives to expand 'economic gardening toolkit'