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Innovation & Job News

Macomb-OU INCubator lands $700K grant from Michigan Strategic Fund

The Macomb-OU INCubator has landed a $766,000 grant from the Michigan Strategic Fund to assist the state's Defense Advanced Research Projects Agency, commonly known as DARPA.

The new two-year grant will allow the Macomb-OU INCubator to study the DARPA activity in Michigan, host semi-annual training courses for Michigan companies and organizations interested in DARPA, support organizations and companies that take on DARPA challenges and create a matching fund for companies and organizations that secure DARPA awards.

"We expect to spend $150,000 in year one (on the matching fund)," says Larry Herriman, assistant director of the Macomb-OU INCubator. "We expect to spend $200,000 in year two. That's $350,000 in total."

The grant comes as part of a larger $3.25 million grant that went to Grand Valley State University-Small Business Technology and Development Center, Macomb OU INCubator. and NextEnergy Center in Detroit.

Source: Larry Herriman, assistant director of the Macomb-OU INCubator.
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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