Michigan State University says it's planning to create an economic development center to focus on new ways of generating businesses and jobs statewide.
The East Lansing school said Tuesday the project is funded by a $915,000 grant over five years from the U.S. Economic Development Administration.
Rex LaMore will oversee the MSU University Center for Regional Economic Innovation. LaMore, who is director of the school's Lansing-based Center for Community & Economic Development, said in a statement the idea is to produce a "21st-century toolbox" for economic development.
Under the project, faculty and students also will work with local and regional governments to improve and document economic development practices.
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