Central Michigan University Awarded $1.4 Million by the Economic Development Administration

Central Michigan University was awarded $1.4 million by the Economic Development Administration (EDA) for renovations to the Central Michigan University Research Corporation incubator and accelerator.

“Today’s investment will help the Central Michigan University Research Corporation improve its facilities and empower entrepreneurs,” said Governor Gretchen Whitmer. “This investment will help us continue growing our economy, creating good-paying jobs, and building on our manufacturing and R&D strengths.”

This investment is to support local entrepreneurs through office renovation and upgrades to provide a safer working environment following the coronavirus pandemic. The investment will be matched with $352320 in local funds.

“The Economic Development Administration is pleased to support Central Michigan University and its efforts to build a more resilient regional economy,” said Assistant Secretary of Commerce for Economic Development Alejandra Castillo. “The Central Michigan University Research Corporation is an anchor facility for entrepreneurs in the region where they can safely meet in-person and return to pre-pandemic productivity.”