Wednesday, April 8, 2009
MEDC awards Macomb-OU INCubator $250,000 grant The Joint Evaluation Committee (JEC) of the Michigan Economic Development Corporation (MEDC) has announced that the Macomb-OU INCubator will receive a $250,000 grant in support of its new business accelerator program.
One of five statewide incubators selected to receive funding, it is now $250,000 closer to the $1.68 million budget needed for the first three years of operation.
The Macomb-OU INCubator opened in October 2008 as a business support program that accelerates the successful development of start-up companies by providing entrepreneurs with an array of targeted resources and services.
Located at 6555 15 Mile Road in Sterling Heights, the incubator is a joint venture between Oakland University, the City of Sterling Heights and Macomb County. It will concentrate on nurturing companies focused on defense and homeland security initiatives.
For more information on work of the Macomb-OU INCubator, call David Spencer at (248) 648-4848 or by e-mail at firstname.lastname@example.org.