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Economic Development

Mark Adams_2024_web

Mark J. Adams | Economic Development Manager 

City of Troy is Michigan’s premier address for retail, office, mobility, and technology firms. Our community is home to The Somerset Collection, Magna, Aptiv, PNC Bank, and North America Bancard. These firms are representative of the types of businesses located in Troy.

Troy has an excellent quality of life, including being one of the Safest Cities in Michigan, offering an A+ rated School System, and having one of the lowest tax rates in Southeastern Michigan. If you want a community that’s walkable with a quality residential base to support retaining and attracting employees, then Troy, Michigan is the perfect address for your business. 

Business Forward
Business Forward is Oakland County’s new initiative to provide resources and services to small businesses in cooperation with community-based organizations and embed business consultants communities so companies can thrive and grow. Business Forward Consultants will work with entrepreneurs in a variety of venues including one-on-one consultations, training and workshops in basic business development, market research, customer identification, etc. The goal is to ensure all businesses have access to the resources they need to succeed, with a special focus on including minority, women, and veteran-owned businesses. Through collaborations with partner organizations, this program provides FREE or low-cost services and provides targeted support, based on industry and business stage, which might cost thousands of dollars elsewhere.

For more information visit Oakland County's website. Troy’s Business Forward Consultant is Jamar Bray, BusinessForward@oakgov.com248-931-7520

For starters, check out the following Troy Business & Investment Assistant.  This informative tool provides easy access to valuable resources including Business Tips, Economic & Demographic Indicators, Interactive Maps, and Partner Connections. 

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