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Business owner Charlie Ferro, left, talks to his mentor Bob Herr, right. Photography by Adam Bird
Business owner Charlie Ferro, left, talks to his mentor Bob Herr, right. Photography by Adam Bird | Show Photo

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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.

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