LANSING — The Michigan Strategic Fund has approved three grants to create a new business incubator in Flint and build new manufacturing plants in the Grand Rapids area and Port Huron.
LANSING — Four Lansing-area business incubators will receive from the New Economy Division of the Lansing Economic Area Partnership.
The incubators responded to a request for proposals earlier this year and will receive $5,000 to support their unique programming and operations.
The awarded incubators are:
* The Allen Neighborhood Center, an agriculture-based incubator on the east side of Lansing.
* The Technology Innovation Center, a tech business incubator in East Lansing.
* The Fledge, a youth-focused incubator in downtown Grand Ledge.
* The Runway, the state’s first fashion and design incubator located in the former Knapp’s department store building in downtown Lansing.
Each have completed a memorandum of understanding to solidify the adoption of best practices in business incubation to ensure long term sustainability.
“Each incubator is unique and offers a plethora of support resources to their tenants,” said LEAP business incubation manager Quin Stinchfield. “We want to ensure the sustainability of these incubators as they continue on their trajectory for success in creating ideas, jobs, and new wealth for the Lansing region.”
Added LEAP president and CEO Bob Trezise: “The global Lansing
region continues to rapidly build a brand new, entrepreneurial, and
business startup culture. This is the number one way to convince
younger talent, especially that of Michigan State University, that the
Lansing region is the kind of creative, fun metropolitan climate they
seek. Support of our incubators is one key piece to a very big puzzle.”
For more information about LEAP, visit http://www.purelansing.com.
SOUTHFIELD — A $300,000 grant from the Hudson-Webber Foundation will support Lawrence Technological University’s new Detroit Center for Design and Technology, which will include a design incubator.
Lawrence Tech is the anchor tenant for a 30,000-square-foot, three-story commercial building, developed by Midtown Detroit Inc. at the corner of Woodward Avenue and Willis Street. It is scheduled for completion this summer.