Central Michigan University awarded a $ 1.4 million grant to renovate a business incubator

LANSING – Central Michigan University has been awarded a $ 1.4 million grant to renovate to its Central Michigan University Research Corporation incubator and accelerator.

CMURC is a nonprofit organization with professional and diverse coworking space and accelerator programs. It is focused on product and strategic development for entrepreneurs to impact the economy in the Great Lakes Bay Region.

The organization brings together local, regional and statewide partners to accelerate the success of entrepreneurs, professionals, and corporations growing businesses and jobs by leveraging the resources of Central Michigan University, the Mount Pleasant SmartZone District and the Michigan Economic Development Corporation.


This investment will support local entrepreneurs through office renovation and upgrades to provide a safer working environment following the coronavirus pandemic. The EDA investment will be matched with $ 352,320 in local funds and is expected to create 100 jobs, retain 30 jobs and generate $ 5 million in private investment.

Gov. Gretchen Whitmer joined the US Secretary of Commerce Gina M. Raimondo to announce that the Economic Development Administration award for renovations to the facility.

“(This) investment will help the CMURC improve its facilities and empower entrepreneurs,” Whitmer said. “This investment will help us continue growing our economy, creating good-paying jobs, and building on our manufacturing and R&D strengths. This month, we opened the Facility for Rare Isotope Beams at Michigan State University and the Wacker Innovation Center in Ann Arbor. We must keep investing in every region of Michigan to tap into the entrepreneurial energy in every county of our great state. “

Whitmer said efforts to grow Michigan’s economy are working — unemployment is 4.4%, the state has added 174,000 jobs year over year, and the state is working to lower the costs of essentials like childcare and housing and putting money in people’s pockets with $ 400 auto refund checks and proposed tax cuts for seniors and working families.

“President Biden is committed to helping communities tackle the unique challenges that the coronavirus pandemic presented,” said Commerce Secretary Gina M. Raimondo. “This EDA investment in the Central Michigan University Research Corporation will enhance its facilities to support home-grown high-tech entrepreneurs, who will be a long-term source of jobs and private investment for the region.”

CMURC helps bring local businesses together to collaborate on investments that benefit mid Michigan residents and our local communities, said Congressman John Moolenaar, R-Midland.

“Renovating CMURC’s incubator will help foster future partnerships that contribute to the region’s economy,” Moolenaar said. “I congratulate the leadership at CMU for their work in securing this funding.”

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