Invest in the future of Greater Grand Rapids.
PEOPLE
Invest in the future of Greater Grand Rapids
PLACE
PROSPERITY
PEOPLE. PLACE. PROSPERITY.
The Right Place, Inc. (RPI) is the leading economic development organization for the Greater Grand Rapids region, driving economic growth by focusing on strategic pillars of People, Place and Prosperity. For over four decades, RPI has provided the strategic leadership necessary to advance the Greater Grand Rapids economy, generating over $6.5 billion in private investment and over 50,000 jobs. Results like these speak to our region’s sustained and focused commitment to economic development, with The Right Place at the helm, putting us well ahead of other regions whose efforts run in fits and starts. This level of success would not be possible without strong support from our investors, partners and community leaders. As we envision what our region will look like in the decades to come, we have remained ambitious – to position Greater Grand Rapids as the most resilient, productive and equitable regional economy in the nation. But growth does not happen in a vacuum. Support from leaders like you is critical to achieving our vision. That’s why we have launched an investment campaign to provide the resources necessary to fuel the economic development of Greater Grand Rapids.
We invite you to join us as we drive growth, innovation and economic prosperity for all.
Lauren Davis Campaign Co-Chair Greater Michigan Regional President The Huntington National Bank
Rick Keyes Campaign Co-Chair President & CEO Meijer
Randy Thelen President & CEO The Right Place, Inc.
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INVEST IN THE FUTURE OF GREATER GRAND RAPIDS
There is no doubt that our region is stronger as a result of The Right Place’s regional collaborative approach to economic development.
We envision a future where Greater Grand Rapids is the growth leader of the Midwest – growing our economy, growing inclusive opportunities, growing our story, and ultimately growing our impact.
When you invest in The Right Place, you join a group of nearly 500 business and community leaders who are playing a role in making this vision a reality.
Interested in learning more?
Contact our Investor Relations team today.
Nicole Forward Investor Relations Specialist forwardn@rightplace.org 616-706-1760
Complete the investment commitment form linked HERE or scan the QR code.
The Right Place has generated over:
$6.5B
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CAMPAIGN CABINET
Campaign Co-Chairs Lauren Davis
Greater Michigan Regional President
Huntington Bank
Rick Keyes
President & CEO
Meijer, Inc.
Harold Burrell, Jr.
Senior Vice President
Lighthouse Group
Adam Doubblestein
Chief Operating Officer
TowerPinkster
Steve Downing
President & CEO
Gentex Corporation
Katie Ferris
Tax Office Managing Partner
BDO
Josh Hulst
Co-founder & Managing Partner
MichiganLabs
Kevin Jeakle
Grand Rapids Managing Partner
Deloitte
Stu Kingma
Executive Vice President, Associate Broker NAI Wisinski of West Michigan
Leslee Lewis
Member
Dickinson Wright
Charles W. Lott
Senior Vice President
Wells Fargo
Curt Mulder
President
Wolverine Building Group
Stacy Paul
CEO
Array of Engineers
Will Payne
President
Trellis
Julius Suchy
Township Manager
Ada Township
Duke Suwyn
Senior Vice President
Advantage Commercial Real Estate
Randy Thelen
President & CEO
The Right Place, Inc.
Brad Thomas
CEO
Progressive Companies
Al Vanderberg
County Administrator/Controller
Kent County
Zach Verhulst
Founder & CEO
Pure Architects
Mark Wassink
Managing Partner
Warner Norcross + Judd
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ABOUT THE RIGHT PLACE The Right Place, Inc. (RPI) is the leading economic development organization for the Greater Grand Rapids region. RPI exists to catalyze economic growth by focusing on three strategic pillars: PEOPLE We aspire to be a region where everyone can achieve their highest potential. We work toward this aspiration by strategizing with regional talent partners, leveraging our business network to amplify best practices, and benchmark area talent development, retention, and attraction efforts. PLACE We aspire to be a region of choice, where people choose to visit, locate, & stay. We work toward this aspiration by focusing on strategies related to placemaking, infrastructure enhancements, site development and transformational projects. PROSPERITY We aspire to be a vibrant economy that provides good career opportunities for all. We work toward this aspiration through strategies focused on business retention,
OUR VISION
OUR MISSION To drive sustainable economic growth and shared prosperity for all in the Greater Grand Rapids Region. That the Greater Grand Rapids Region will be the most resilient, productive, and equitable regional economy in the nation.
The Right Place Partner Counties
expansion, and attraction, economic inclusion, and business intelligence.
Memorandum of Understanding with The Right Place
About the Region As defined by the State of Michigan, the Greater Grand Rapids region is
comprised of thirteen counties in western Michigan, seven of which RPI has formal partnership agreements with, in addition to our work in Kent County. The Economic Development Directors of the seven partner counties are team members of RPI, leading to a cohesive and comprehensive regional effort. In addition, a Memorandum of Understanding guides the collaborative partnership with neighboring organizations: Lakeshore Advantage and Greater Muskegon County Economic Development .
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THE RIGHT PLACE STRATEGIC PLAN As The Right Place works towards its mission of driving sustainable economic growth and shared prosperity for all in the Greater Grand Rapids region, our strategic plan serves as our roadmap to success. Developed in partnership with EY and over 500 local leaders, this three-year strategic framework builds towards a 10-year vision: To be amongst the best regional economies in the Midwest.
Strategic Plan Goals
FOSTER ECONOMIC GROWTH
CHAMPION INCLUSIVE OPPORTUNITIES
ELEVATE GREATER GRAND RAPIDS
BOOST REGIONAL IMPACT
Growth Industries Advanced Manufacturing | Health Sciences | Technology
We will measure this plan’s impact through five high-level metrics:
4,500 $700M 100
$30.00 $200M
Jobs retained or created by the end of 2028
Average wage by the end of 2028
In capital investment by the end of 2028
In community development investment by the end of 2028
Industry education partnerships by the end of 2028
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WHY INVEST IN THE RIGHT PLACE
The Right Place is ambitious when envisioning the future of Greater Grand Rapids. We aspire to be a region with a vibrant economy that provides good career opportunities for all. A region where everyone can achieve their highest potential. And a region of choice for people to visit, locate, and stay. We are only able to set such high reaching goals with the support and engagement from our investors. When you make a commitment to The Right Place, you are demonstrating your commitment to growing the Greater Grand Rapids regional economy, ultimately improving the lives of your employees and fellow business leaders. You can have a direct impact on our region’s ability to remain competitive and focused on People, Place, and Prosperity. Additionally, we provide the following opportunities to all our investors in an effort to increase collaboration throughout the region, recognize our investors for their support and provide deeper insight into our work.
Exclusive Events & Networking Opportunities
Investor Exchange Events Receive invitations for you and your team to attend exclusive investor-only events hosted twice annually.
Signature Event Sponsorships Investors receive early notification of opportunities to sponsor The Right Place’s signature events before they are announced publicly.
Private Presentations Members of The Right Place team are available to speak at events, staff meetings, and leadership retreats on a variety of economic and business development topics.
Business Intelligence
Project Announcements Receive advanced notification of major economic development project announcements and other strategic initiatives in the region.
Economic Minute + CEO Communications
Research Services Utilize our strategic initiatives and business intelligence team to source data and research for your own strategic planning purposes.
Stay up to date with The Right Place’s latest work in Greater Grand Rapids through the monthly Economic Minute column sent out by our President & CEO, Randy Thelen.
Investor Directory All investors in The Right Place are recognized on our online Investor Directory. This searchable directory, utilized by both new and existing businesses in the region, provides a company overview, contact information, and website link. Brand Recognition
Social Media Your company will be
Monthly eNewsletter All new and renewing
acknowledged on The Right Place social media channels to recognize your support.
investors are recognized once in our monthly eNewsletter.
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THE RIGHT PLACE LEADERSHIP CIRCLE The Right Place (RPI) Leadership Circle provides a venue for businesses and community leaders to gain a deeper understanding of current economic development projects and local business trends in Greater Grand Rapids by engaging in meaningful discussions about the future of our region, building relationships with RPI staff, and participating in opportunities to connect with key stakeholders. In addition to RPI investor benefits, Leadership Circle members will play a more active role in driving economic growth and prosperity for all through quarterly meetings with RPI staff which will include:
• Information about business development and community development project pipelines. • Updates on key strategic initiatives and strategic plan progress. • Resources related to common talent opportunities. • Guest speaker presentations to share business insights.
Additional opportunities for members may include:
• Site visits to key client facilities. • Invitation to join RPI team members on meetings with prospective clients. • Invitation to join RPI team members on trade missions / trade shows.
*A minimum annual investment of $12,500 is required to be considered for membership.
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INDUSTRY COUNCILS
Manufacturers Council Convened in 1989, The Right Place | MMTC-West Manufacturers Council is dedicated to the business success of the region’s manufacturing industry. The council’s vision is to establish the West Michigan region as an international center for manufacturing productivity. Members work together in a collaborative environment to promote, facilitate, enable, and advocate for advancing a “best-in- class” manufacturing sector. Technology Council of West Michigan The Technology Council of West Michigan exists to grow technology- oriented businesses in the Greater Grand Rapids region. We strive to make West Michigan a national leader in digital technologies. Tech Council members share information and experiences of interest and benefit to its members to help fuel the success of member companies. In addition, the Tech Council supports West Michigan businesses who are providing, applying, or starting to adopt digital technology. Supply Chain Management Council Membership in the Supply Chain Management Council provides an opportunity to create new collaborations with other supply chain professionals. As part of a trusted group of leaders, members are the voice of the supply chain in West Michigan, and they work to solve common challenges by providing actionable insights on new developments. MiDevice MiDevice , run by The Right Place, is the only Michigan-based organization dedicated to medical device design, development, manufacturing and distribution. MiDevice gives medical device companies the opportunity to collaborate, cooperate and promote their expertise in the industry. The companies of MiDevice provide high-tech solutions for every stage of the medical device product lifecycle. Our unique collection of core competencies provides a one stop resource for all of your product needs, from ideation through distribution. Real Estate Development Council The Right Place is launching a new Real Estate Development Council to strengthen collaboration, accelerate financeable projects, and support smart growth across the Greater Grand Rapids region. This Council will bring together leaders from across the real estate and development ecosystem to help shape the future of development in our region. As a new council, participating members will help define priorities, shape focus areas, and guide how this group creates long- term impact.
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INVESTMENT MATRIX While The Right Place does not follow a set of investment levels, we do ask that investors contribute an annual amount that reflects the size of their business. Multi-year pledges are suggested to ensure our team can focus on the goals set out in our 3-year strategic plan. We can only sustain the region’s economic growth with ongoing support from our investors.
Annual Revenue
Suggested Annual Investment
$25-49M $10,000+ PER YEAR <$10M $2,500+ PER YEAR
$50-99M $25,000+ PER YEAR $10-24M $5,000+ PER YEAR
$1-5B $200,000+ PER YEAR $100-499M $50,000+ PER YEAR
$5B+ $400,000+ PER YEAR $500-999M $100,000+ PER YEAR
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BOARD OF DIRECTORS
William B. Kessel CEO, Independent Bank
Nelson Sanchez* CEO, RoMan Manufacturing
Bill Pink, Ph.D. * Chair President, Ferris State University Rick Keyes Vice Chair/Treasurer President & CEO, Meijer Rick Baker President & CEO Grand Rapids Chamber Arthur Betancourt CEO & Founder, AEBetancourt
Rick Keyes* President & CEO, Meijer, Inc.
Timothy R. Schowalter President & CEO, Pioneer Construction
James Kolodziej Operations Manager, Flexco (Manufacturers Council Representative) Jacob Kulhanek SVP & General Manager West Michigan, The Christman Company Julie Leonard President & CEO, Lake Michigan Credit Union Charles W. Lott Senior Vice President, Wells Fargo & Company Philomena Mantella, Ph.D* President, Grand Valley State University Shane Napper President & CEO, Rockford Construction Michael Nelson President & CEO, Amway Corporation
Sue Schweim Tellier President, JetCo Federal
John Shay City Manager, City of Wyoming (Community Partner Representative) Allan Smith SVP & President, Americas & Chief Product Officer, Steelcase, Inc.
Matt Biersack, MD President, Trinity Health Grand Rapids Meredith Bronk President & CEO, Progressive Companies Luke Cherveny Grand Rapids Office Managing Partner - Tax Reporting & Strategy Partner, PwC
Rich Sorota CEO, Miller Johnson
Tom Stritzinger Senior Vice President, Comerica Bank Randy Thelen* President & CEO, The Right Place, Inc. Steven Triezenberg, Ph.D. Interim President, Grand Rapids Community College
Michael Davenport President & CEO, Jireh Metal
Lauren Davis* President, Greater Michigan Region, Huntington Bank Tina Freese Decker* President & CEO, Corewell Health
John Tuttle President, Acrisure
Andi Owen President & CEO, MillerKnoll
David L. Van Andel Chairman & CEO, Van Andel Institute Al Vanderberg County Administrator/Controller, Kent County Mark Washington City Manager, City of Grand Rapids Mark J. Wassink Managing Partner, Warner Norcross + Judd, LLP
A. Michael Palizzi CEO, Miller Canfield
Ronald G. DeWaard Managing Partner, Varnum LLP
Richard J. Pappas, Ed.D President, Davenport University
Adam Doubblestein Chief Operating Officer, TowerPinkster
Stacy Paul President & CEO, Array of Engineers (Tech Council Representative) Bill Pink, Ph.D.* President, Ferris State University Supratik Rayamajhi, MD Interim Dean, College of Human Medicine, Michigan State University Raymond E. Reitsma President & CEO, Mercantile Bank Robert A. Richard President, Chief Operations Officer, DTE Energy Julie Rietberg CEO, Greater Regional Alliance of Realtors Garrick Rochow President & CEO, Consumers Energy Company
Katie L. Ferris*, CPA Tax Office Managing Partner, BDO
Chris Hufnagel President & CEO, Wolverine Worldwide, Inc. Joshua Hulst* Co-founder & Managing Partner, Michigan Software Labs Joe Hune VP & President, West Michigan & Upper Peninsula, Blue Cross Blue Shield of Michigan
Daniel Watts CEO, US Signal
Thomas G. Welch, Jr. Regional President, Fifth Third Bank - West Michigan
Sean P. Welsh* Regional President, PNC Bank
Nick Hrnyak CEO, Lacks Enterprises, Inc.
Benjamin Wickstrom President & CEO, Erhardt Construction
Paul Keifer Market President, Bank of America West Michigan
*Denotes member of the Executive Committee
John Kennedy President & CEO, Autocam Medical
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25 Ottawa Ave SW, Suite 400 | Grand Rapids, MI 49503 info@rightplace.org | 616.771.0325
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