It is the vision of the Monroe County Business Development Corporation (BDC) that the community will thrive as a result of a diversified business and industrial base that provides capital investment and quality jobs.
The Monroe County BDC is a non-profit organization that attracts and retains a diverse range of business and industry by leading initiatives that create an environment for economic growth.
The Monroe County BDC is a private, non-profit 501(c)(3) organization. Our Board of Directors consists of some of the area’s top leaders, including representatives from manufacturing, banking, utilities and local government.
Funding for the organization is based primarily on the generous contributions of numerous area businesses. These private sector contributions make up our largest funding source. Additionally, several local units of government and grant administration money support our operation.
Formed in 1982 by several area business people, the Monroe County BDC is charged with improving the local economy by actively supporting the business base.
Indeed, the accomplishments of the Monroe County BDC have been substantial. Firms of all sizes located in all corners of the county have benefited from Monroe County BDC’s services. The resulting job creation and private investment have greatly expanded the local economy.
Beyond direct assistance to companies, the Monroe County BDC has championed efforts to support future economic growth. Since 1982, the Monroe County BDC has helped to lead the development of nine new industrial parks throughout the county. This investment in infrastructure bodes well for continued private investment in our community for years to come.
We are proud of our past accomplishments and look forward to many more years of serving the business community.
Board of Directors
H. Douglas Chaffin
President & CEO | Monroe Bank & Trust
President & CEO | Ventower Industries
Mayor | City of Monroe
Pioneer Metal Finishing | Plant Manager
Manager of Economic Development | DTE Energy
Manager Community Relations Economic Development | Michigan Gas Company
President | MTS Seating
Dr. Stephen McNew
Superintendent | Monroe County Intermediate School District
President | Floral City Beverage
DIrector of Public Affairs | Consumers Energy
President | Fluid Equipment Development Company
Dr. Kojo Quartey
President | Monroe County Community College
Owner | Sieb Plumbing & Heating
President | ProMedica Monroe Regional Hospital
President | Plumbers & Pipefitters Local 671
Executive VP | Patriot Group Construction
Board of Commissioners | Monroe County
Staff to the Organization
Tim C. Lake
President & CEO
Vice President Business Development
Communications / Operations