Michigan SBDC
Business Accelerator Fund
The Business Accelerator Fund (BAF) is available to Participating Accelerators in Michigan’s statewide SmartZone network. These funds are used toward the delivery of specialized services that are not otherwise available from these Accelerators to assist advanced technology companies. An Accelerator will engage a third party specialist (Service Provider) to help advance the Client’s path to commercialization, company success, and economic impact for the state of Michigan. BAF proposals are reviewed and awarded to Accelerators through a competitive process. This program is administered by the Michigan Small Business Development Center in partnership with the Michigan Economic Development Corporation. Clients that exceed $15,000 in BAF services will be assessed a 10% fee by the Accelerator.