The Battle Creek Unlimited Inc. was awarded a $1.58 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program to fund the Future Food Accelerator. The Future Food Accelerator will provide a virtual accelerator linking R&D facilities, university programs, entrepreneurship support, industry experts, and domain knowledge experts to support high-growth, high-potential food and beverage companies located in or relocating to Southcentral Michigan. A team of technical assistance providers will offer assessment tools, workshops, and webinars to participants. Battle Creek Unlimited will utilize stage-gate models of new product development and provide innovation management tools to inform investment decisions as companies progress and seek additional funding. The goals are to generate $3.5 million in aggregate funding for a minimum of 15 companies over three years, achieve various commercial and product development milestones for participants, assist in creating five new products/services, and help generate approximately 150 new knowledge economy jobs for the region.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $375.0k | 9/21/22 | ||
| Not listed | $375.0k | 9/21/22 |