WASHINGTON (MMD Newswire) August 10, 2011 -- The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $250,000 grant to Ann Arbor SPARK of Ann Arbor, Mich., to develop and implement a Business Accelerator Model that will help provide a full range of business development services to tech-based startup companies in Washtenaw and Western Wayne counties. The project is expected to create 255 jobs and generate $1.25 million in private investment, according to grantee estimates.
"Continuous innovation and a flow of new technologies to the marketplace are vital to our job creation and competitiveness," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "This EDA grant will spur and accelerate innovation and entrepreneurship in southeastern Michigan to help diversify the economy and create new job opportunities for the region's workers."
To read the full, original article click on this link: U.S. EDA Investment Supports Tech-based Startups in Southeastern Michigan
