State and federal economic development officials Friday showed their confidence in a Holland-based effort to create a green, bio-tech cluster of businesses.
Michigan State University’s Bioeconomy Institute this week was announced as the recipient of more than $1 million in grants — $580,000 from the U.S. Commerce Department’s Economic Development Administration and $500,000 from the Michigan Economic Development Corp.
Holland’s bid was one of six to receive the competitive i6 grants from the Commerce Department for “proof of concept” facilities, that allow entrepreneurs and startup companies to demonstrate their ideas and products could be accomplished on a large, industrial scale.
To read the full, original article click on this link: MSU Bioeconomy Institute, new partners celebrate $1 million boost - Holland, MI - The Holland Sentinel
