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Michigan Business
Incubator Association




Helping Foster State, Local and Regional Economic
Success Through Business Incubation

Incubators

Michigan Business Incubator Association is comprised of the state's best business incubators, accelerators, co-working spaces, economic development partners, and entrepreneurial support professionals who are focused on creating jobs and developing Michigan's local economies. The MBIA provides a supportive entrepreneurial environment that stimulates the growth of business to ensure economic vitality and encourage job creation. 

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Resources

The MBIA fosters communication and exchanges ideas among incubators, their managers, tenants, clients, entrepreneurs, new ventures, and other stakeholders. We serve as a clearinghouse for the collection and dissemination of information about incubators to assist entrepreneurs with new business ideas, providing a basis for mutually supportive group efforts that promote the public image of incubators and their economic impact.

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Leadership

MBIA recognizes the incubation industry's involvement in transforming the Michigan economy, and hopes to bring together incubators, entrepreneurs and economic developers to engage with a dynamic network of organizations and individuals committed to forwarding the Michigan economy. 

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News


Business incubator to be funded in Lenawee County

A $190,000 grant will help Lenawee Now step up efforts to develop new technology businesses in Adrian and Tecumseh.
The grant will fund a new staff member dedicated to a business incubator program.

“What a great opportunity for the Adrian/Tecumseh SmartZone,” said Lenawee Now executive director Jim Van Doren.

More >>

Monday, May 16, 2016

University of Michigan's Desai Accelerator Reveals Startups Accepted to Summer 2016 Cohort

ANN ARBOR, Mich., May 3, 2016 /PRNewswire-USNewswire/ -- The Desai Accelerator, a joint venture between the University of Michigan's Ross School of Business and the College of Engineering, today announced the companies selected to participate in its 2016 cohort. More than 80 technology-based startups submitted applications and the most promising six were chosen to move into the Accelerator and take advantage of its services. Of the selected companies, 83 percent are Michigan-based, 33 percent have female founding members and 66 percent have a connection to the University of Michigan.

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Monday, May 16, 2016

Hello Tomorrow Challenge

The challenge is our global startup competition for the most promising projects & startups using science and technology to solve the world's pressing issues.

We are a non-profit, run by science entrepreneurs, for science entrepreneurs. Therefore we understand the needs of SciTech startups and work towards helping them succeed in their mission. At the Summit in October in Paris, we will invite the top 500 projects from all continents and connect them with seed-investors from their sector, partnership executives from major industrial companies, potential customers and fellow science founders that actually understand the technology and the potential impact of their technologies.

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Monday, May 16, 2016

Duo Security bolsters region's technology profile

Dug Song first met his future business partner, Jon Oberheide, when the latter hacked into the computer system at a firm where Song was working at the time.

Not a malicious hack, though, just a little exploring so that Oberheide, a PhD graduate from the University of Michigan, could flex his cyber muscles.

Instead of getting angry, Song was so impressed with Oberheide's skills that the two teamed up.

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Monday, May 16, 2016

Consumers Energy Promotes Community, New Ideas with Innovation Center in Jackson

Consumers Energy is moving forward with plans to open its Jackson Innovation Center, a hub for generating new ways to better serve Michigan residents’ energy needs and for promoting innovation and collaboration across the area’s business community, in downtown Jackson this fall.

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Tuesday, April 05, 2016

Foster Swift Business Attorneys Release an Six Additional Legal Basics Videos

Lansing, Mich

Foster Swift has added six videos to its Legal Basics video series. Entrepreneurs and business owners have many legal questions that often arise after business hours, so Foster Swift attorneys have collaborated to develop a library of short videos to provide basic legal information on some of the more frequently asked questions. Based on client requests, the newly released videos cover:

The Difference Between Nonprofit and Tax Exempt
ESOPs (Employee Stock Ownership Plans): As a Succession Planning Tool
First Steps in Protecting a Trademark
How to Evaluate Investment Opportunities
Tax Planning for Family Businesses
Why You Must File A Form 990

The videos range from about 3 1/2 minutes to 7 minutes and give a general overview of each topic, including real-life examples, as well as some of the common errors businesses often make. They provide general information and are not legal advice. The video series is intended to help business owners proactively identify legal needs and select experienced legal counsel.

To access the videos visit www.fosterswift.com, under publications and click on Legal Basics Videos. You may also view them on our YouTube channel: youtube.com/fosterswift.

Foster Swift Collins & Smith PC is a full service law firm founded in 1902. The firm employs nearly 100 attorneys and more than 100 support staff in six locations; Lansing, Detroit, Farmington Hills, Grand Rapids, Holland and Marquette. For more information about the firm, its attorneys and to access recent publications, visit www.fosterswift.com.


Contact:
Sarah DeLuca
sdeluca@fosterswift.com
313 S. Washington Square
Lansing, MI 48933
517.371.8252

Chelsey White
cwhite@fosterswift.com
313 S. Washington Square
Lansing, MI 48933
517.371.8125

Thursday, March 24, 2016

NOW CASTING: AMERICA'S TOP MINDS

Marcus Lemonis, serial entrepreneur and host of the
CNBC show The Profit, puts his own money on the line to save struggling businesses. Over the course of 3 seasons, he has invested more than $35 million dollars in companies featured on the series. And now, he is looking for the perfect partner to help him run it all. On The Partner, candidates from diverse business backgrounds will compete for the opportunity of a lifetime; a position working alongside Lemonis and an equity stake in a multi-million dollar company.

Go to ThePartnerCasting.com to apply today.

Thursday, March 24, 2016

Michigan SBV Assistance Project Request for Information

The Michigan Agency for Energy (MAE) is making available $140,000 in matching funds to eligible Michigan businesses to partially cover the U.S. Department of Energy’s (DOE) Small Business Voucher (SBV) Pilot program cost share requirement. Individual awards are anticipated to range from $12,500 up to a maximum of $30,000.

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Friday, March 18, 2016

Announcing the 2016 Flight of Michigan 50 Companies to Watch

Michigan 50 Companies to Watch has named its 2016 recipients for the awards sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business.

Companies nominated for the Michigan 50 Companies to Watch list must be second-stage companies, defined as having six to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants. In addition, the companies must be privately held and headquartered in Michigan.

Judges from the banking, economic development, entrepreneurship development and venture capital communities selected the winners. The judges evaluated the nominees’ demonstrated intent and capacity to grow based on one or more of the following:

Employee or sales growth
Exceptional entrepreneurial leadership
Sustainable competitive advantage
Other notable factors that showcase the company’s success.

See the full article for a list of the winners.

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Thursday, March 17, 2016

Growing Entrepreneurial Business in the UP

Update from Fred Molnar about Smartzones in the UP

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Thursday, February 25, 2016

Treasury Approved SmartZone Extension

MOUNT PLEASANT, Michigan, January 14, 2016- State Treasurer Nick Khouri and Michigan Economic Development Corporation Chief Executive Officer Steve Arwood approved the recommendation by the Local Development Finance Authority (LDFA) and City Commission to extend the tax capture in the SmartZone for an additional five years. A renewed focus in the SmartZone will expand opportunities to generate jobs and investment in the community.

"Obtaining state approval was the final milestone necessary towards the progressing development of the SmartZone land," said Central Michigan University Research Corporation President and CEO Erin Strang. "New efforts are geared towards attracting and solidifying business development and job creation."

The Mount Pleasant SmartZone land is 300 acres of Central Michigan University property primed for commercial development. The close proximity to the University and partnership with the City of Mount Pleasant provides opportunities for students, faculty and staff to interface with business professionals working in their interrelated fields.

"We look forward to continuing a productive relationship with the Mount Pleasant SmartZone and the CMURC team in moving Michigan’s economy forward," said MEDC’s Vice President of Entrepreneurship & Innovation Fredrick Molnar. "SmartZones were created to facilitate state programs for entrepreneurs, fostering companies with high growth potential around innovative technologies."

Per criteria requirements, the SmartZone will provide reports for companies created, jobs created and investment to all companies, along with an annual report and regional collaboration. The LDFA monies should significantly increase with the new dedicated focus, time and plan of the development.

While plans are still in the works for the land, CMURC is in discussion with potential developers and tenants. Development could come to fruition as soon as spring of 2016. Approximately 900 jobs have been created since inception through May 2015, with 500 additional jobs projected over the next five years, according to Strang.

About CMURC
CMURC is a nonprofit business incubator focused on advancing economic development in the community by leveraging the resources of Central Michigan University, the Mount Pleasant SmartZone, and the Michigan Economic Development Corporation’s 21st Century Jobs Trust Fund. Local, regional, and statewide partners assist to accelerate the success of entrepreneurs, growing businesses, and jobs. CMURC is a single source of contact providing physical space and essential business services. CMURC encourages interaction and partnerships, which accelerates emerging organizations to develop their ideas and bring them to market quickly.
For more information visit www.cmurc.com, or to schedule interviews contact Elissa Richmond-Gagne at 989-774-2424 or cmurc@cmurc.com.

Wednesday, January 20, 2016

VP of Research and Dean of Graduate Studies Newest Member of CMURC Board of Directors.

MOUNT PLEASANT, Michigan, January 8, 2016 - Central Michigan University Board of Trustees appointed David Ash as the newest addition to the 13-member Board of Directors for the Central Michigan University Research Corporation (CMURC), a leader in advancing the entrepreneurial ecosystem.

"We have been developing processes for continued progress to encourage faculty research and potential commercialization opportunities," said President and CEO of CMURC Erin Strang, "In doing so, we work closely with the CMU Office of Research and Graduate Studies (ORGS), making David Ash a welcomed addition to our Board of Directors."

In mid-2015, Ash was asked to lead the Office of Research and Graduate Studies (ORGS) for the next two years, after joining Central Michigan University in 2005 as chemistry chair. The ORGS fosters high-quality research and provides direction enabling faculty, staff and students to secure funding in furthering their work. In addition, they provide support to ensure compliance with university, sponsor, state and federal regulations related to CMU research.

We have a shared interest to support university commercialization efforts,” said David Ash. "Serving on this Board is directly in-line with the CMU priority to promote excellence in research and creative activity."

The President of CMU, Dr. George Ross, chairs the Board comprised of industry leaders and CMU administrators. CMURC focuses on the commercialization of technologies developed by CMU students, faculty, staff and alumni by connecting industry to university resources, for student projects and creating real world experience for future graduates.

About CMURC
CMURC is a nonprofit business incubator focused on advancing economic development in the community, region and state by leveraging the resources of Central Michigan University, the Mount Pleasant SmartZone and the Michigan Economic Development Corporation. Partners assist to accelerate the success of entrepreneurs growing businesses and jobs. CMURC is a single source of contact providing physical space and essential business services. CMURC encourages interaction and partnerships, which accelerates emerging organizations to develop their ideas and bring them to market quickly. For more information visit www.cmurc.com, or to schedule an interview contact Elissa Richmond-Gagne at 989-774-2424 or cmurc@cmurc.com.

Wednesday, January 13, 2016

Win a 1-Year InBIA Membership

Want to win a 1-year membership in the International Business Innovation Association (InBIA)? If so, tell us why. Following the guidelines below, tell us why you are interested in business innovation and why joining InBIA would be important to you. Entries will be judged by the MBIA board of directors. Hurry, the deadline is soon!

Format: One page (8.5” X 11”), single-spaced, 12 point font, .5” margins.

Due Date: February 1, 2016 (5:00 p.m.)

Award Date: March 7, 2016 at the MBIA annual luncheon

NOTE: Must be an MBIA member to win.

Friday, January 08, 2016

Continued Support for Entrepreneurial Services

MOUNT PLEASANT, Michigan, December 17, 2015- City Commission unanimously approved the recommendation by the Local Development Finance Authority (LDFA) to extend the Tax Increment Financing (TIF) Plan for an additional five years. The tax increment financing dollars are captured and directed towards economic development in the technology sectors.

In the early 2000s, an initial private-public partnership was developed to advance economic growth, which led to the designation of the SmartZone and the creation of the Central Michigan University Research Corporation (CMURC).

“This continued support is critical for the development of an entrepreneurial community. Through May 2015, approximately 900 jobs have been created and attributed to this partnership,” said CMURC President and CEO Erin Strang, “With a projection of 500 additional jobs created in the next five years.”

CMURC continues to be one of the top-performing accelerators in the state of Michigan, with proven results that positively impact the regional economy in part to allocations made by the LDFA.

“This is a reimbursement by the State of Michigan for the school portion of the taxes,” said City Manager Nancy Ridley, “This is not a net loss to the City as they are made whole.”

Not only does this extension foster continued delivery of entrepreneurial services, but with a robust technology infrastructure and access to a highly educated and skilled workforce, CMURC is primed to take an active role in the development of the SmartZone.

The TIF Plan has been submitted to the State Treasury Department for final approval.

About CMURC

CMURC is a nonprofit business incubator focused on advancing economic development in the community by leveraging the resources of Central Michigan University, the Mount Pleasant SmartZone, and the Michigan Economic Development Corporation’s 21st Century Jobs Trust Fund. Local, regional, and statewide partners assist to accelerate the success of entrepreneurs, growing businesses, and jobs. CMURC is a single source of contact providing physical space and essential business services. CMURC encourages interaction and partnerships, which accelerates emerging organizations to develop their ideas and bring them to market quickly.

For more information visit www.cmurc.com, or to schedule interviews contact Elissa Richmond-Gagne at 989-774-2424 or cmurc@cmurc.com.

Elissa Richmond-Gagne
Director of Operations
989-954-8141
cmurc@cmurc.com

Central Michigan University Research Corporation
2625 Denison Drive
Mt. Pleasant, MI 48858

office 989.774.2424
www.cmurc.com

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Monday, January 04, 2016

Summer startup program now accepting applications

EAST LANSING, MI – The Conquer Accelerator program at Michigan State University is now accepting applications for their first intensive summer series. Designed to help both newer and established companies overcome business hurdles, Conquer emphasizes smart planning and growth, extensive mentorship from an experienced bench of professionals and structured educational components.

Any qualifying business may apply to join Conquer, an existing affiliation with Michigan State University is not required. For startups from Michigan State University, the Conquer Accelerator serves to fill a final gap in the development cycle of student startups in the entrepreneurial ecosystem.

“The Conquer Accelerator acts as a final launching platform for startups from MSU and beyond, preparing companies to hit the ground running,” says Paul Jaques, Conquer Accelerator Director. “Our program will put the finishing touches on startup teams and prep them for investment.”

Accepted teams will work through a ten-week program starting May 2016. Five teams will be accepted and provided with $20,000 in funding, mentorship, a creative working space, support and resources to enable them to grow their startup company in exchange for 5% equity.

Built with a strong bench of more than 40 entrepreneur and business leader mentors, each of the ten weeks in the Conquer program focuses on completing specific goals, as well as working with mentors and instructors on topics like fundraising, technology and sustainability. Conquer culminates in demo day presentations with investors.

Ideal student Conquer candidates will have worked through the MSU Hive, Hatch program, taken Business 201 and be prepared to pitch in business competitions. Companies not affiliated with Michigan State University that wish to participate in the program must have a product prototype or service, and meet a set of development criteria.

The 2016 program runs May 30 through August 5. Applications and more information may be found on http://www.conqueraccelerator.com

The MSU Innovation Center combines innovation, technology transfer, start-up support, and a portfolio of dedicated business and community partnerships to bring cutting-edge ideas to the marketplace. Composed of Business-CONNECT, MSU Technologies and Spartan Innovations, the MSU Innovation Center stewards ideas from concept to product, launching more than 130 discoveries into patented products and start-up businesses annually. Learn more athttp://innovationcenter.msu.edu

Paul Jaques
Director of Student and Community Engagement
325 East Grand River
East Lansing, MI
C. 517-256-9285

www.spartaninnovations.org
www.greenlightmichigan.com
www.ideahatch.org

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Thursday, December 10, 2015

Great Lakes Ag Technology Business Incubator Opens

"Ottawa County has built something entirely unique for farmers and entrepreneurs,” said Representative Haveman. “I am pleased to announce that the State will make a three year, $500,000 investment in this first of its kind incubator model to help develop businesses and jobs in the ag-technology sector.”

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Saturday, December 06, 2014

New home for business unleashes possibilities

After seven years, the Mount Pleasant SmartZone District, formerly known as the Center for Applied Research and Technology, on Central Michigan University’s campus is seeing new development. A renewed focus in the district will expand opportunities to generate investment and create jobs in the community.

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Tuesday, August 05, 2014

New Report Names Michigan Most Improved State for Pro-Business Environment

The American Economic Development Institute and Pollina Corporate Real Estate, Inc. today named Michigan the Most Improved State for 2014 in their annual Top 10 Pro-Business States report. Overall, Michigan ranked no. 3 among the nation's top 10 most populous states and no. 2 among the eight Great Lakes states.

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Tuesday, August 05, 2014

Ann Arbor SPARK scores $500K for Michigan Angel Fund

The Michigan Angel Fund has enjoyed so much success in its first year that organizers are coming out with a sequel in 2014.

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Tuesday, August 05, 2014

Entrepreneurs get boost from early-stage assistance

Varnum pledges $1 million in legal support for Michigan start-ups.

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Friday, July 18, 2014

Northern Michigan Farm is an Incubator for Prospective Agriculturists

Teaching fundamental farming techniques in northern Michigan.

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Friday, July 18, 2014

Accelerate Michigan Innovation Competition

Apply by June 23 for the 2014 Competition at www.acceleratemichigan.org.

Friday, July 18, 2014

Last Roadblock Removed for Local Business Owner

Inaugural class at Water Works Academy opening beginning in the fall.

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Thursday, July 17, 2014

The Runway, fashion-focused small business 'incubator,' prepares to open in Knapp's Centre

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Wednesday, July 02, 2014

Ann Arbor SPARK Snags $500K From MEDC to Establish New Angel Fund

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Wednesday, July 02, 2014

State gives U-M Center for Entrepreneurship, Ann Arbor companies $3M for business investments

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Wednesday, July 02, 2014

A Kickstarter for Michigan communities? MEDC crowdfunding effort targets public spaces

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Wednesday, July 02, 2014

CMU Board of Trustees funding signals continued support for CMURC


MOUNT PLEASANT, Michigan, June 24, 2014 — The Central Michigan University Board of Trustees announced today a reauthorization of a $500,000 annual subsidy to Central Michigan University Research Corporation. With the continued support from the university, the subsidy will authorize an additional five years of funding through June 30, 2019.

“The inclusion of dedicated funding for CMURC reaffirms the strong support that exists between the university and the business community,” said Erin O’Brien, president and CEO of CMURC. “The ongoing relationship has allowed for growth of the entrepreneurial community in the region, including collaboration opportunities for CMU faculty, staff, students and alumni.”

“The CMURC team is fueling an energized, innovative spirit on campus and in our community,” said CMU President George E. Ross, who also chairs the CMURC board. ”Erin and her team are showing us how to be entrepreneurs and how to excel in a world that moves swiftly and that’s built on an ever-expanding web of relationships.”

CMU and CMURC began the funding agreement in September 2004 when the Board of Trustees initially authorized a $500,000 annual subsidy to CMURC for the period September 2004 through June 30, 2009. In July 2009, the subsidy was reauthorized for another five-year period through June 30, 2014.

About CMURC
CMURC is a nonprofit business incubator focused on advancing economic development in the community by leveraging the resources of Central Michigan University, the Mount Pleasant SmartZone and the Michigan Economic Development Corporation’s 21st Century Jobs Trust Fund. Local, regional and statewide partners assist to accelerate the success of entrepreneurs, growing businesses and jobs. CMURC is a single source of contact providing physical space and essential business services. CMURC encourages interaction and partnerships, which accelerates emerging organizations to develop their ideas and bring them to market quickly.


For more information or to schedule an interview, contact Elissa Richmond, at 989-774-2720 or elissa.richmond@cmich.edu

Elissa Richmond
Marketing and Public Relations Director
989-774-2720
elissa.richmond@cmich.edu

Central Michigan University Research Corporation
2625 Denison Drive
Mt. Pleasant, MI 48858

office 989.774.2424
www.cmurc.com

Wednesday, July 02, 2014

TurtleCell Graduates from SPARK Central Business Incubator to New Kerrytown Ann Arbor Office

Congratulations to TurtleCell!!

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Friday, June 20, 2014

MiQuest's GLEQ Business Plan Competition Results

MiQuest's GLEQ Business Plan Competition Presents $75,000 in Awards to Michigan's Technology Entrepreneurs

The spring GLEQ Business Plan Competition concluded on Tuesday, June 17, with our morning awards event at the Eagle Crest Conference Center in Ypsilanti. MiQuest announced seven micro-loan and cash award winners and offered 20 top participants complimentary admission to the Michigan Growth Capital Symposium. Thank you to the event and innovation award sponsors that made this celebration a success.

The winners announced on Tuesday morning include:

Emerging Company
- 1st Place – Movellus Circuits, $25,000
- 2nd Place – SurClean, $15,000

New Business Idea
- 1st Place – GENOMENON, $5,000
- 2nd Place – Exo Dynamics, $2,500

Innovation Awards
- Automation Alley Advanced Manufacturing - SurClean,
$12,500
- NextEnergy Advanced Energy – Optimal Process
Technologies, $10,000
- MSU Bioeconomy Institute Green Technology – Ecovia
Renewables, $5,000

Top 20 Competition Participants and Presenters

AQUAterra System, Edward Kim
ArborWind, LLC, Dilip Nigam
Blaze Medical Devices, LLC, Michael Tarasev
LogiCoul Solutions, David Stout
DataSpeaks Health Solutions, Inc., Dennis Nash
Exo Dynamics, Mushir Khwaja
Functional Fluidics, Patrick Hines
GENOMENON, Mark Kiel
Micro-LAM Technologies, LLC, Deepak Ravindra, PhD
Monarch Antenna, Inc., Randall Dence
Movellus Circuits, Muhammad Faisal
New Aegis Corporation, Paul Bruno
PHASIQ, Inc., Sachin Shah
Renditus, Chad Forester
Shock EngineWorks, Inc., Pablo Parraga-Ramirez
SkySpecs, LLC, Danny Ellis
SurClean, Inc., Susan Sprentall
VisionBoards.co, Natalia Petraszczuk
Warmilu, LLC, Grace Hsia
Wave Aircraft, Inc., Perry DiClemente
Our sponsors

Brinks Gilson & Lione
New Economy Initiative
Traction
NextEnergy
Automation Alley
MSU Bioeconomy Institute
Biggby Coffee
Online Tech
Capitol National Bank
Key Bank
MidMichigan Innovation Center
BlueWater Angels
Rehmann
MSU Innovation Center
Zell Lurie Institute
Goldman Sachs
Howard & Howard
LEAP
Logic Solutions
MBIA
MSU REI
Start Garden
TechTown
M-CRN

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Friday, June 20, 2014

Accelerate Michigan Innovation Competition

Company applications are open!

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Friday, June 20, 2014

Statewide Partners Accelerate Manufacturer

MOUNT PLEASANT, Mich., June 19, 2014 — The Small Business and Development Center and Pure Michigan Mount Pleasant SmartZone business accelerator, Central Michigan University Research Corporation, joined forces to accelerate the launch of a local machine manufacturing business. Bork Machine & Repair opened their doors in Mount Pleasant on June 9, 2014 for appointments.

Beyond the SBDC and CMURC, Bork utilized the Pure Michigan Business Connect, a network of service providers which provide discounted services to eligible businesses. Through this partnership, Bork was able to utilize hours of free accounting services.

“These examples of statewide partnerships are in place to accelerate businesses and create jobs in Michigan,” said CMURC President and CEO, Erin O’Brien. “This is a perfect example of a business utilizing resources to quickly enter the market.”

The statewide partners recognized the potential of Bork Machine & Repair to be a valuable asset through its ability to bridge the gap from prototype to full production manufacturing. Bork bridges the gap by offering custom manufacturing for products and providing small-scale production runs. Entrepreneurs can utilize these services to get their product created, test their product with potential customers and to get their product into stores faster.

About CMURC
CMURC is a nonprofit business incubator focused on advancing economic development in the community by leveraging the resources of Central Michigan University, the Mount Pleasant SmartZone, and the Michigan Economic Development Corporation’s 21st Century Jobs Trust Fund. Local, regional and statewide partners assist to accelerate the success of entrepreneurs, growing businesses and jobs. CMURC is a single source of contact providing physical space and essential business services. CMURC encourages interaction and partnerships, which accelerates emerging organizations to develop their ideas and bring them to market quickly.

For more information or to schedule an interview, contact Elissa Richmond, Marketing and Public Relations Director at 989-774-2720 or elissa.richmond@cmich.edu.

More >>

Friday, June 20, 2014

Tech Start-Ups Invited to Engage in $6.8 Million Michigan Pre-Seed Fund 2.0

Invest Michigan announced today that entrepreneurs can now seek an investment through the Michigan Pre-Seed Fund 2.0, a statewide investment fund of $6.8 million aimed at supporting high-tech early stage companies. The organization held an open house for its partners and co-investors to celebrate the launch.

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Monday, June 16, 2014

Macomb-OU Incubator steers next-level dollars to two start-ups

An advanced technology developer working to improve fuel efficiency and emissions and a biotech start-up that's designed a natural supplement to treat diabetes and pre-diabetes are receiving grants to help bring their products to market.

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Monday, June 16, 2014

A New Breed: Tilian Farm Development Center

"We live in a world where we want people to have choice. We want the sons and daughters of farmers to grow up and be doctors and teachers and contractors and whatever they want to be, but if we live in that world, then we also need to live in a world where the sons and daughters of doctors and teachers and contractors can choose to be farmers, can choose farming as a vocation, as a career path."

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Wednesday, December 19, 2012

MEDC Announces LiveWorkLaunch!, Connecting Entrepreneurial College Grads With the Resources Needed to Build Successful Michigan Start-ups

LiveWorkLaunch! will feature a pitch competition for innovation-based entrepreneurs looking for capital. Competitors will have the opportunity to present their business ideas in front of a panel of investors and venture capitalists. The team or individual with the winning pitch will receive $10,000 to help start their Detroit-based business. Finalists will receive a variety of business-building resources and services such as free incubator space, mentoring from a successful entrepreneur, and consulting services.

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Wednesday, January 23, 2013

Ann Arbor SPARK Hands Out Fast Track Awards For Economic Development

To qualify for a 2012 FastTrack award, companies had to show $100,000 gross revenue in 2008 and then consistent improvement until this year. Three companies won the award for the first time on Friday; The Whole Brain Group, Arbormoon Software, and Estrakon. Beal Inc. won the award for the second year, and Beal Properties received the award for the third time.

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Monday, December 03, 2012

Ex-psychiatric Hospital Could Become a Nerve Center For Traverse City's Local-Food Movement

Discussions continue about developing The Village at Grand Traverse Commons into a regional food hub, with a year-round indoor farmer's market, processing centers, and even a restaurant incubator with test kitchens - all housed in a building that used to prepare food for hospital patients and staff.

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Wednesday, January 23, 2013

Amy Cell's Priorities For MEDC in 2013: Jobs, Jobs, and More Jobs

Since joining MEDC in 2011, Cell has helped run programs aimed at keeping graduating college entrepreneurs in state by providing access to venture capital, mentors, and incubator space. "We want to make sure that young people that graduate from our colleges and high schools have the opportunity to get a good job here in Michigan."

More >>

Tuesday, January 01, 2013

Calendar of Events


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