Main Menu
PDF

Great Lakes Ag-Tech Business Incubator Helps Entrepreneurial Farmers

Agriculture Blog Post
December 12, 2014

State Representative Joe Haveman recently announced the State of Michigan's $500,000 contribution to the new Great Lakes Ag-Tech Business Incubator, a 501(c)(6) nonprofit. The Incubator offers specialized assistance to start-up companies with an agricultural focus.

The assistance provided by the Incubator encompasses a variety of commercial services, including obtaining patents, developing markets, and procuring financing. Furthermore, entrepreneurs can take advantage of these services without any out-of-pocket fee or expense. Instead, their company must agree to provide the Incubator with a small percentage of their gross annual sales for a period of 10 years.

While the incubator is based in Ottawa County, surrounding counties are being encouraged to join. Representatives from the Incubator have already enlisted Barry County, and they are in the process of approaching Kent and Allegan Counties.

You May Also Be Interested In

Related Industries

Join our email list to receive legal advisories, informative newsletters and event invites based on topics relevant to you.
Subscribe to Updates
Back to Page
{ footer Image }