February 28, 2013

WSU awarded $100K for research commercialization

The Michigan Economic Development Corp. Wednesday announced Michigan Strategic Fund approval of $6 million in funding for entrepreneurship and innovation programs as well as Michigan Business Development and Community Revitalization program incentives to eight companies that are expanding in the state. The eight expansions are expected to generate up to $95.8 million in new capital investments and add 789 new jobs in Michigan. Among MSF approved awards for research commercialization was $100,000 to Wayne State University for a commercialization roadmap review (first tranche) with the possibility of receiving an additional $1,073,000 upon a revised proposal.

http://detroit.cbslocal.com/2013/02/27/business-expansions-community-projects-entrepreneur-program-get-state-support/
http://www.dbusiness.com/DBusiness/January-February-2013/State-Approves-6M-in-Funding-for-8-Companies/

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