Half-million-dollar MEDC grant to help Macomb-OU INCubator help small business

A $500,000 grant is coming from the Michigan Economic Development Corporation to the Macomb-Oakland University INCubator to increase efforts to cultivate businesses and jobs in the areas of defense, homeland security and advanced manufacturing.

Macomb-OU Inc was one of 12 incubators and business accelerators selected to share in $6 million in grants.

Macomb-OU INC will use its half million dollar grant to develop and enhance staffing, operations and programming offered to small businesses.

     "The Macomb-OU INCubator is very grateful for this grant award," director Julie Gustafson says in a statement announcing the grant. "This support will go a long way towards enhancing current programs and developing small business trainings that will better serve emerging companies in Macomb County."

    The incubator is located in a Technology Advancement SmartZone of Sterling Heights, and it provides comprehensive development and innovative support to start-up and emerging businesses in the areas of defense, homeland security and advanced manufacturing.

Source: David Groves, assistant director of media relations, Oakland University
Writer: Kim North Shine
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