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.

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Effective April 6, 2020

BAF services expanded for early stage tech companies in response to COVID-19

  • Expanded allowable use of funds for high-tech companies in need resulting directly from the public health crisis
  • Expanded size eligibility requirements and allowable use of funds for high-tech companies developing COVID-19 diagnostics, therapeutics,  or innovations that support the health care system’s response to the virus
  • Support for certain very small non-tech companies involved in manufacture or distribution of personal protective equipment and critical medical supplies

For additional information, please contact your business accelerator


Western

Grand Rapids Smart Zone - MSU Gateway Grand Rapids

400 Monroe Ave. NW, Ste 5007
Grand Rapids, MI 49503
517.884.2370
www.innovationcenter.msu.edu

Muskegon Innovation Hub

200 Viridian Drive
Muskegon, MI 49440
616.331.6900
www.gvsu.edu/mihub

Holland SmartZone Lakeshore Advantage

201 W Washington Avenue, Loft 410
Zeeland, MI 49464
616.772.5226
https://www.lakeshoreadvantage.com

WMED Innovation Center

4717 Campus Drive
Kalamazoo, MI 49008
269.353.1823
https://med.wmich.edu/node/373

Eastern

Ann Arbor SPARK

330 E. Liberty, Lower Level
Ann Arbor, MI 48104
734.372.4044
www.annarborusa.org

TechTown Detroit

440 Burroughs Street
Detroit, MI 48202
313.879.5250
www.techtowndetroit.org

OU INC

419 Golf View Lane 
Rochester, MI 48309
248.648.4800
www.oakland.edu/ouinc

Macomb-OU INCubator

6633 18 Mile Road
Sterling Heights, MI 48314
586.884.9320
www.oakland.edu/macombouinc

Automation Alley

2675 Bellingham Drive
Troy, MI 48083
248.457.3200
www.automationalley.com

Lawrence Technological University

21000 West 10 Mile Road
Southfield, MI 48075
248.204.2452
http://www.centrepolisaccelerator.com/

The Underground - St. Clair County’s Regional Business Incubator

301 Huron Avenue
Port Huron, MI 48060
810.937.2003
www.startunderground.com

Northern

MTEC SmartZone

600 E Lakeshore Drive
Houghton, MI 49931
906.487.7000
www.mtecsz.com

Sault Ste. Marie SmartZone

2345 Meridian Street
Sault Ste. Marie, MI 49783
906.635.9131
https://www.saultedc.com/ssmart

Innovate Marquette SmartZone

1401 Presque Isle Avenue
Marquette, MI 49855
906.227.6261
www.innovatemarquette.org

Central

Midland SmartZone

801 Joe Mann Blvd Suite P
Midland, MI 48642
989-264-5044
www.cmurc.com

Lansing Regional SmartZone/LEAP

1000 S Washington Ave Suite 201
Lansing, MI 48910
517.702.3387
www.purelansing.com

CMURC

2625 Denison Drive
Mt. Pleasant, MI 48858
989.430.2792
www.cmurc.com

Lean Rocket Lab

133 W. Michigan Ave.
Jackson, MI 49201
517.395.4151
www.leanrocketlab.org

Lenawee Now

5285 W. US 223
Adrian, MI 49221
517-265-5141
www.lenaweenow.org

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