Michigan Gov. Gretchen Whitmer recently announced a new “PitchMI” competition, where startups will compete for $100,000 in the style of the television show “Shark Tank.” The state will partner with other organizations to award the best pitch on improving transportation. Details on applying are expected soon. The competition is timely, since the state is nearing the close of a five-year, $3.5 billion bond issued in 2019 for highway reconstruction. With more electric vehicles driving, and many roads remaining in disrepair, it raises the question of if traditional gas taxes will be enough to sustain construction.
Full story: https://www.thecentersquare.com/michigan/article_758b96de-2299-11ef-bc2a-87578e1eefcd.html
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