Business Accelerator Network in Michigan

The Busi­ness Accel­er­a­tor Net­work for South­east Michi­gan is new region-wide net­work for build­ing and retain­ing new busi­ness in south­east Michi­gan. Com­posed of the region’s four key busi­ness accel­er­a­tors– Ann Arbor SPARK, Automa­tion Alley, Macomb-OU INCu­ba­tor, and Tech­Town, the orga­ni­za­tion will work col­lab­o­ra­tively to share best prac­tices, host events focused on address­ing issues and goals that impact south­east Michi­gan, sup­port busi­ness plan devel­op­ment, and lever­age fund­ing to grow busi­ness in the region. The Busi­ness Accel­er­a­tor Net­work for South­east Michi­gan is sup­ported through a three year, $3 mil­lion grant from the New Econ­omy Ini­tia­tive for South­east Michigan.

The New Econ­omy Ini­tia­tive for South­east Michi­gan is an inno­v­a­tive phil­an­thropic effort to accel­er­ate the tran­si­tion of metro Detroit to an innovation-based econ­omy that expands oppor­tu­nity for all. Ten national, regional and local foun­da­tions have com­mit­ted $100 mil­lion to this unprece­dented eight-year ini­tia­tive, includ­ing the Com­mu­nity Foun­da­tion for South­east Michi­gan (Detroit), the Max M. and Mar­jorie S. Fisher Foun­da­tion (South­field, Michi­gan), the Ford Foun­da­tion (New York), the Hudson-Webber Foun­da­tion (Detroit), the W.K. Kel­logg Foun­da­tion (Bat­tle Creek, Michi­gan), the John S. and James L. Knight Foun­da­tion (Miami), The Kresge Foun­da­tion (Troy, Michi­gan), the McGre­gor Fund (Detroit), the Charles Stew­art Mott Foun­da­tion (Flint, Michi­gan), and the Skill­man Foun­da­tion (Detroit). The par­tic­i­pat­ing foun­da­tions are lead­ing the imple­men­ta­tion and gov­er­nance of the Ini­tia­tive. The Com­mu­nity Foun­da­tion for South­east Michi­gan, which ini­ti­ated the col­lab­o­ra­tive, is serv­ing as its admin­is­tra­tive home. For more infor­ma­tion, please visit www.neweconomyinitiative.cfsem.org.

Ann Arbor SPARK, a non-profit orga­ni­za­tion, is the dri­ving force in estab­lish­ing the Ann Arbor region as a des­ti­na­tion for busi­ness expan­sion, reten­tion, and loca­tion by iden­ti­fy­ing and meet­ing the needs of busi­ness at every stage, from star­tups to large orga­ni­za­tions. Ann Arbor SPARK rep­re­sents all com­mu­ni­ties in the Washt­e­naw County. Ann Arbor SPARK col­lab­o­rates with busi­ness, aca­d­e­mic, gov­ern­ment, and com­mu­nity investor part­ners includ­ing the Uni­ver­sity of Michi­gan, East­ern Michi­gan Uni­ver­sity, Washt­e­naw Com­mu­nity Col­lege, Michi­gan Works!/ETCS, Washt­e­naw County, the City of Ann Arbor, the Bank of Ann Arbor and the Michi­gan Eco­nomic Devel­op­ment Cor­po­ra­tion. For more infor­ma­tion, please visit www.annarborusa.org.

Automa­tion Alley is a tech­nol­ogy busi­ness asso­ci­a­tion dri­ving the growth and image of South­east Michigan’s econ­omy through a col­lab­o­ra­tive cul­ture that focuses on work­force and busi­ness devel­op­ment ini­tia­tives. Since its found­ing in 1999, Automa­tion Alley has expanded to include more than 1,000 busi­nesses, edu­ca­tional insti­tu­tions and gov­ern­ment enti­ties from the City of Detroit and the sur­round­ing eight county regions. Automa­tion Alley pro­motes regional pros­per­ity through entre­pre­neur­ial and export­ing assis­tance, work­force devel­op­ment and tech­nol­ogy accel­er­a­tion. For addi­tional infor­ma­tion, visit www.automationalley.com.

Macomb-OU INCu­ba­tor, located in the heart of Macomb County’s defense cor­ri­dor and the Tech­nol­ogy Advance­ment Smart­ZoneSM of Ster­ling Heights, pro­vides busi­ness sup­port, shared resources, and cap­i­tal acqui­si­tion assis­tance to area emerg­ing com­pa­nies, in an effort to bol­ster busi­ness devel­op­ment and job cre­ation in our region. This incu­ba­tion ini­tia­tive is a part­ner­ship between the City of Ster­ling Heights, Macomb County, Oak­land Uni­ver­sity and the Michi­gan Eco­nomic Devel­opm ent Cor­po­ra­tion. For more infor­ma­tion, visit www.oakland.edu/macombouinc.

Tech Town is an urban com­mu­nity of entre­pre­neurs, investors, men­tors and part­ners cre­at­ing an inter­na­tion­ally influ­en­tial vil­lage in Detroit. Tech­Town brings the resources of Wayne State Uni­ver­sity to high-technology startup com­pa­nies to diver­sify and strengthen Michigan’s econ­omy in high-growth emerg­ing indus­tries. For more infor­ma­tion, visit www.techtownwsu.org

Leave a Reply