Three regional business incubators receive funding from LEAP
Thursday, February 06, 2014
Posted by: Michelle Rahl
FOR IMMEDIATE RELEASE
February 6, 2014
(517) 702-3387 x 209 office
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regional business incubators receive funding from LEAP
Incubation Network formed to better existing business incubators
to create entrepreneurial ecosystem
LANSING, MI – Today it
was announced that three of the region’s incubators will receive grant funding
from LEAP’s New Economy Division. In November 2013, business incubators were
asked to submit proposals to receive funding to better align themselves under
one curriculum model. The chosen incubators that have been awarded $5,000 to
support unique programming, off set costs for operation, or to purchase
The awarded incubators are the Allen Marketplace, an
ag-based incubator located on the Eastside of Lansing, Incubake, a food product
incubator located in Delhi Township, and the MARC (Meridian Area Resource
Center), a small business incubator located in Meridian Township. Each have
completed a memoradum of understanding to solidify the adoption of best
practices in business incubation to ensure long term sustainability of all of
the incubators within the Lansing region.
"The goal of the RIN is to not interfere with the
autonomy of any individual incubator, but to add an important infrastructure
that will strengthen all of the individual incubators and deeply enhance our
overall, regional entrepreneurial eco-system,” said Quin Stinchfield, Business
Incubation Manager for LEAP.
want to make sure that all existing incubators are at the table as we develop
our regional ecosystem,” said Bob Trezise, President and CEO of LEAP. "The goal
is to be a united front with no wrong door for startup businesses looking for
grant is ongoing and new grants will be available each fiscal year. A small
group of business leaders have formed the RIN Steering Committee and will
continue to develop the RIN with in depth incubation leadership participation.
A press event was held at the LEAP Offices, 1000
South Washington Avenue, Suite 201 at 10:30 a.m. on Thursday, February 6, 2014.
The Lansing Economic
Area Partnership (LEAP) is a coalition of area leaders committed to building a
prosperous and vibrant region where business can thrive. To do this, we help
entrepreneurs start new businesses, help existing businesses grow, and attract
new businesses to the region. For more information about LEAP, please visit www.purelansing.com.