$3M Grant Awarded for Regional Network to Support MI Entrepreneurs

June 23, 2010

A $3 million grant from the New Economy Initiative for Southeast Michigan recently was awarded to a group of four business accelerators working together to support area entrepreneurs and grow Michigan's knowledge-based economy. The grant will support efforts of the newly formed Business Accelerator of Southeast Michigan, which includes Ann Arbor SPARK, Automation Alley, Macomb-OU INCubator, and TechTown. Projects involving venture capital funding, the development of best practices and intellectual property, and plans to build a statewide database listing all business resources for entrepreneurs are in discussion.Read the press release.