Lawmaker questions Jobs Fund process
Senate Economic Development and Regulatory Reform Committee Chairman Alan Sanborn, R-Richmond, says he would like the Legislature to gain control of the $34.1 million that could be allocated in the 21st Century Jobs Fund's next round of awards. He made the comments last week after calling attention to project funding that he said illustrated wasteful and questionable government spending. Sanborn cites ties between members of a state board that approved the awards and entities that received the grants or loans. He points to Wayne State University connections with the Karmanos Cancer Institute, TechTown and others that received funding. He also mentions Michigan State University spinoffs that received funds and the University of Michigan's former or current staff, graduates, or spinoff technologies employed by companies that received Jobs Fund awards, among others. Sanborn says the connections represent conflicts of interest. Mike Shore, chief communications officer for the Michigan Economic Development Corp., says the Jobs Fund laws set forth a process that "guarantees absolute integrity" in the awards, prevents favoritism and shields against conflicts of interest.