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Business Accelerator Fund (BAF) is sponsored by Michigan Economic Development Corporation (MEDC) / Grand Rapids SmartZone. The Business Accelerator Fund (BAF) provides grants for advanced technology companies in Michigan, including those in Grand Rapids' SmartZone. Funds can be used for specialized services such as market research, legal costs, logo design, product testing, and patent searches.
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Business Accelerator Fund - Michigan SBDC The Business Accelerator Fund The Business Accelerator Fund (BAF) is available to participating business accelerators in Michigan’s statewide SmartZone network. These funds are used toward the delivery of specialized services that are not otherwise available from these business accelerators to assist advanced technology companies regardless of the company’s geography.
A participating business accelerator will engage a third-party specialist to help advance the client’s path to commercialization, company success, and economic impact for the state of Michigan. BAF requests are reviewed and awarded through a competitive process. A company may not receive more than $50,000 in BAF services, though most engagements are in the $7,000 to $15,000 range.
Companies interested in participating are encouraged to contact the nearest participating business accelerator. For more information, download the Business Accelerator Fund Overview. You can view the map below to find a Business Accelerator near you.
10850 E. Traverse Hwy, Ste. 4400 Sault Ste.
Marie SmartZone Headwaters North Sault Ste. Marie, MI 49783 Innovate Marquette SmartZone 101 W. Washington St.
, Suite 11 801 Joe Mann Blvd Suite P Lansing Regional SmartZone/LEAP 1000 S Washington Ave Suite 201 Grand Rapids SmartZone – MSU Research Foundation 109 Michigan St NW, Ste. 414 msufoundation. org/spartaninnovations Holland SmartZone Lakeshore Advantage 201 W Washington Avenue, Loft 410 330 E.
Liberty, Lower Level Centrepolis at Lawrence Technological University centrepolisaccelerator. com The Underground – St. Clair County’s Regional Business Incubator Sterling Heights, MI 48313 I Want to Start a Business I Want to Grow My Business I’m Considering Selling My Business Michigan SBDC in the News SBA Disaster Loan Programs Manufacturing Resources & Support Northern Michigan Ice Storms Support
According to the current listing, eligibility includes: Advanced technology companies, R&D bringing forth innovative products or processes, located in Michigan. Confirm the full requirements in the official notice before applying.
The current listing shows up to $50,000 (most engagements $7,000-$15,000). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Business Accelerator Fund (BAF) is funded by Michigan Economic Development Corporation (MEDC) / Grand Rapids SmartZone. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Michigan. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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