The Central Michigan University Research Corp. and Mid Michigan Community College’s Small Business and Technology Development Center have joined forces to work with emerging and growing small businesses to provide resources ranging from developing business plans to assistance in securing financing.
The CMU-MMCC partnership will make the complimentary services offered by both organizations available to entrepreneurs through a single point of contact. SBTDC offers training, counseling, secondary research and assistance in obtaining debt financing for companies, while CMURC delivers counseling,primary research, assistance in obtaining equity financing and industry partnerships, primarily for companies with innovative solutions or intellectual property.
“It is essential that institutions of higher learning take a leadership and partnership role in the education, economic development, health care, social and cultural development in a global society,” said Erin Strang, CMURC president and CEO. “This cooperative venture with MMCC demonstrates that CMU is a community partner in spurring economic development activities in order to graduate and retain more Michigan residents and improve our state’s economy and future development.”
The partnership also will maximize the resources offered by both organizations to ensure that the right services are provided to the companies at the right time.
“Mid-Michigan continues to be a wonderful environment to grow an existing business or launch a startup company,” said Tony Fox, regional director with the MI-SBTDC. “This new collaboration between the Mid Michigan SBTDC and CMURC will allow us to scale access to valuable market research and no cost one-on-one support available to growth-oriented firms.”
Entrepreneurs who are interested in the services offered by CMURC and the SBTDC can contact Strang at email@example.com.