The Business Accelerator Fund (Michigan SBDC)
The Business Accelerator Fund (BAF) is available to participating business accelerators in Michigan’s statewide SmartZone network. These funds are used toward the delivery of specialized services that are not otherwise available from these business accelerators to assist advanced technology companies regardless of the company’s geography. A participating business accelerator will engage a third-party specialist to help advance the client’s path to commercialization, company success, and economic impact for the state of Michigan.
BAF requests are reviewed and awarded through a competitive process. A company may not receive more than $50,000 in BAF services, though most engagements are in the $7,000 to $15,000 range.