The Michigan Strategic Fund has announced grants totaling $25 million to eight organizations that will support entrepreneurs in launching and growing starts around the state.
The funds will come from the state’s 21st Century Jobs fund, a 10-year initiative started in 2005 to accelerate the growth and diversification of Michigan’s economy. The fund is administered by the Michigan Economic Development Corp.
“Early-stage companies require seed capital and access to a strong network of public and private resources,” said Michael Finney, MEDC president and CEO, in a release.
To read the full, original article click on this link: State growth fund gives $25 million to support entrepreneurs - Crain's Detroit Business - Detroit News and Information
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