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New Chicago Incubator, Impact Engine, Recruiting In GR

GRAND RAPIDS -- A Chicago business incubator that also offers seed capital and expert mentorship, Impact Engine, is recruiting potential tenants in Grand Rapids.

The social entrepreneurs behind Impact Engine will meet with potential entrepreneurs and investors Tuesday, April 10 in a session sponsored by the Center for Entrepreneurship and Innovation at Grand Valley State University's Seidman College of Business.

The meeting starts at 3 p.m. in the University Club, Room 107C of the DeVos Center, 401 W. Fulton St. in downtown Grand Rapids. Visitor parking is available in nearby Lot 15 on Fulton Street. To RSVP, email almallas@gvsu.edu by April 9.

Impact Engine is a 12-week program, based in Chicago, that provides social entrepreneurs with seed capital, mentorship, business support and access to a network of impact investors. The program is to kick off in September.

Included in the program are $20,000 in seed funding, expert networking and mentorship with seasoned professionals with relevant expertise, business strategy and development classes led by successful entrepreneurs, a collaborative workspace in an 1871-vintage building in Chicago, and an Investor Day opportunity for portfolio companies to pitch to investors.

Applications are due in June 2012. For the most up-to-date information on the application process and to access the application form, please go to www.TheImpactEngine.com.

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