July 2014 Newsletter: Mac-OU INC Positive Impact: "Business Accelerator Fund Program"

The Macomb-OU INCubator is currently the top business accelerator in garnering State of Michigan Business Accelerator Fund (BAF) dollars to assist client companies. Committee-approved applications total $360,072 with 12 out of 13 applications approved for a 92-percent approval rate. The next top two accelerators have 86- and 62-percent approval rates for committee-approved applications.

These BAF awards are distributed by the Michigan Small Business Development Center (MI-SBDC) through the Macomb-OU INCubator to the various accelerator service providers. As these awards demonstrate, the Macomb-OU INCubator is successfully delivering specialized business acceleration services to companies commercializing advanced technology. The BAF is a 21st Century Jobs Fund Program managed by the MI-SBDC in partnership with the Michigan Economic Development Corporation and Michigan's network of business accelerators.