GVSU's MAREC to help Michigan's growing tech firms qualify for state grants up to $50,000

The Muskegon Chronicle reports that Grand Valley State University's Michigan Alternative and Renewable Energy Center is now part of a statewide program to help fledgling high-tech businesses qualify for business development grants up to $50,000.

According to excerpts from the story:

Grand Valley State University’s Michigan Alternative and Renewable Energy Center in Muskegon has joined a statewide grant program to help growing, high-tech Michigan companies get services designed to encourage business development and job growth. The Business Accelerator Fund, managed by the Michigan Small Business & Technology Development Center at Grand Valley, will allow MAREC to work with qualified Michigan companies to pursue business development grants of up to $50,000. The program was launched in December with $3.5 million in state funds. MAREC is one of 15 Michigan SmartZones eligible for the program.

Read the complete story here.