Good news surrounding the grand opening of the Technology Innovation Center in downtown East Lansing hardly stopped at the fact that the city now has a tech incubator. That tech incubator is also 90 percent full.
Of the 15 full offices in the incubator, 14 are occupied. Three of the eight single cubicles are also occupied.
“This is off to a tremendous start and we know this will continue,” says East Lansing Mayor Victor Loomis.
The incubator gives start-up companies access to a low-rent, shared creative space. The incubator was constructed with company expansion in mind. The companies in the incubator have the option to expand into 25,000 square feet of space.
“They can be the core for something much larger, much greater, but they need to start small,” says Michigan State University (MSU) President Lou Anna K. Simon. Simon says an added bonus is that MSU professors know they’ll have a resource for their spin off companies.
The companies in the incubator included high-tech companies, homeland security companies and creative groups.
The center had its grand opening Oct. 28. The center is on the third floor of the 325 E. Grand River Ave. building.
Source: Mikell Frey, City of East Lansing
Ivy Hughes, development news editor, can be reached here.
All Photographs © Dave Trumpie
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