Coalition to seek out $50M for business incubation

The Economic Development Coalition of Southeast Michigan plans to seek out $50 million to fund business incubators in the region. The money will be divided amongst existing incubators — Ann Arbor Spark, Automation Alley, Next Energy and TechTown — and will help create two new ones — one near Detroit Metro Airport and one in Macomb County.

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By forcefully speaking in one voice and presenting a solid case for getting the help we need from Washington, the Southeast Michigan region has begun to correct what we in see as a problem that is holding us back: the perception that we are fractious and unorganized,” said Jim Croce, CEO Next Energy and member of the coalition. “We showed them a different picture. We showed them that we have a good plan and that we are ready to put it into action.”

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