The Business Accelerator Fund is a two-year, $3 million fund established through a grant agreement between the Michigan Strategic Fund and the Small Business and Technology Development Center (MI-SBTDC) at Grand Valley State University. The fund can be accessed by 13 business accelerators across the state, including Automation Alley and Kettering University TechWorks, to provide specialized business acceleration services to companies commercializing advanced technology.
“Business accelerators around the state can access funding through the Business Accelerator Fund to hire consultants, researchers, and engineering or manufacturing companies to provide specialized services to technology businesses they’ve identified as having potential to create significant impact in their region,” said Phil Tepley, the SBTDC’s director of technology commercialization services. “We expect these business accelerator engagements to initiate what will become long-term collaborative relationships between emerging technology companies and Michigan’s existing businesses and universities.”
To read the full, original article click on this link: $3 Million Fund Provides Business Acceleration Services to Entrepreneurs | Inside Business
