MiSBTDC Tweets

The MI-SBTDC would like to welcome Mary Rogers as Regional Director for our Northwest MI office! Happy to have her on the team.

Business Accelerator Fund

The Business Accelerator Fund is a 2 year, $3 million fund that may be accessed by participating business accelerators statewide to provide specialized business acceleration services to companies commercializing advanced technology. The program was developed with input from 13 Michigan business accelerators and will leverage that network to spread best practices statewide and in tandem with the Michigan Small Business and Technology Development Center’s (MI-SBTDC) business consulting, entrepreneurial education, and information based planning services.

The Business Accelerator Fund is a 21st Century Jobs Fund Program managed by the MI-SBTDC in partnership with the Michigan MEDCEconomic Development Corporation and Michigan’s network of business accelerators.

 

Objectives:

  • Make business accelerator services available to viable early stage technology companies wherever they are located in the state
  • Make resources available to business accelerators to support technology companies that are targeted as high priority in their region’s success
  • Build lasting collaborations between early stage tech companies and strategic partners including business accelerators and incubators, talent, consultants, manufacturers, engineering and software firms, contract research organizations, and university researchers
  • Provide business consulting and commercialization assistance to companies that have high potential to create jobs and serve as a catalyst for large multiplier effects

 

Examples of accelerator services include:

  • Engagements with business consultants (market study, financial model, marketing plan)
  • Engagements with legal firms (intellectual property assistance, private placement memorandum, freedom to operate, licensing agreements)
  • Engagements with universities (technology development, internships)
  • Engagements with manufacturers, software, and engineering firms (prototypes, design engineering, software development, product testing, technology/product development)

 

Company Eligibility and Selection

Business Accelerators will select companies with high potential for success and ability to create positive economic impact in the region.  Accelerator Engagements will be awarded through a competitive review process.  No company may receive more than $50,000 in accelerator services.  Companies that have raised more than $1 million in private sector capital or have more than $2.5 million in annual revenue are ineligible for accelerator services through the BAF.

 

Qualified companies interested in receiving business accelerator services should contact their nearest BAF Participating Accelerator.

BAF Map

 

Ann Arbor SPARK

 

Automation Alley

BAF Bubble 1

Ann Arbor SPARK

Lori Emerson

Business Accelerator Manager

(734) 527-9153

lori@annarborusa.org

BAF Bubble 2

Automation Alley

Kelly Kozlowski

Business Accelerator Client Coordinator

(248) 457-3229

kozlowskik@automationalley.com

 

CMU-Research Corporation

  LEAP
BAF Bubble 3

CMU Research Corporation

Lisa Wilczak

Financial Analysis Manager

(989) 774-7513

lisa.wilczak@cmich.edu

BAF Bubble 4

Lansing Economic Area Partnership

Jeff Smith

Smart Zone Co-Director

(517) 420-1670

smithj@LeapInc.biz

 

Lakeshore Advantage

 

http://www.oakland.edu/Upload/images/Macomb/MAC_INC_Logo.gif

BAF Bubble 5

Lakeshore Advantage

Randy Olinger

Manager, the BioBusiness Accelerator at MSU

(616) 395-8974

randy.olinger@lakeshoreadvantage.com

BAF Bubble 6

Macomb – OU INCubator

Mike Brennan

Business Commercialization & Capitial Investment Advisor

(586) 884-9320
mkbrenna@oakland.edu

 

Michigan Alternative and Renewable Energy Center

  MTEC Smart Zone
BAF Bubble 7

MAREC

Arn Boezaart

Director

(616) 331-6901

boezaara@gvsu.edu

baf-bubble8

MTEC Smartzone

Jonathan Leinonen
Program Director
(906) 487-7004

jleinonen@mtecsz.com

  OU Inc.   Sault Ste Marie
baf-bubble9 OU Inc.
Lori Kerch CPA
Senior Finance and Investment Capital Advisor
(248) 648-4800

kerch@oakland.edu
baf-bubble10

Sault Ste. Marie Advanced Resources and Technology (SSMart), Inc.
Eric Becks
President & CEO
(906) 635-2301

ebecks@ssmartzone.com

 

Kalamazoo Southwest Michigan Innovataion Center

  Tech Town
BAF Bubble 11

Southwest Michigan Innovation Center

Madelyn Pinder

Business Services Manager

(269) 353-1823

mpinder@kazoosmic.com

baf-bubble12

Tech Town

Sheu-Jane Gallagher

Programs Support Manager

(313) 483-0999

sheu-jane@techtownwsu.org

  MMIC   GVSU CEI
baf-bubble13 Mid Michigan Innovation Center
Chris Moultrup
Program Director
(989) 205-4522

moultrup@mmic.us
baf-bubble14 Shorouq Almallah
Business Accelerator Intake Counselor
Center for Entrepreneurship & Innovation
(616) 331-7256

almallas@gvsu.edu

 

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Grand Valley State University - Depot
Michigan Small Business & Technology Development Center State Headquarters
510 West Fulton - Grand Rapids, MI 49504 ~ P/616.331.7480 - F/616.331.7485 - sbtdchq@gvsu.edu

Small Business Association Michigan Economic Development Center Grand Valley State University Association of Small Business Development Centers