MI-SBTDC receives $3 million in renewed funding

The Michigan Small Business & Technology Development Center, located at Grand Valley State University’s Seidman College of Business, has received more than $3.3 million in continuation funding from the U.S. Small Business Administration.

The MI-SBTDC provides counseling, business education, information-based planning and technology commercialization to new and existing businesses throughout Michigan’s 83 counties. With offices statewide, the center impacts the economy by strengthening existing companies, creating new jobs, retaining existing jobs, and assisting companies in defining their path to success.

“The funding will support the network’s efforts to provide growth and startup companies with tools, resources and one-on-one counseling they need to grow their businesses in Michigan,” said Jennifer Deamud, associate state director of the MI-SBTDC. “We serve 16,000 businesses and entrepreneurs every year by helping them raise capital, create jobs and start businesses.”

The center has four teams of consultants: Small Business Regional Team, Growth Group Team, Finance Specialist Team and Technology Commercialization Team.

As host of the MI-SBTDC State Headquarters, the Seidman College of Business oversees the 11-region MI-SBTDC network.

For more information contact Jennifer Deamud at (616) 331-7480 or visit www.misbtdc.org.