BBC Entrepreneurial Training Receives $95,000 in Funding

By Lauren Ebelt on August 16th, 2013 / Comments

It is an exciting time for entrepreneurs. With an economy that is desperately seeking an innovative boost, young graduates bursting with ideas, and businesses supporting start-ups, the time couldn’t be better.

This is why some news coming out of Ann Arbor is so special. A Michigan-based company, BBC Entrepreneurial Training & Consulting (BBCetc) has been awarded a FAST grant. This is the second year the company has been awarded the grant.

The FAST grant – from the US Small Business Administration Federal and State Technology Partnership Program – gears itself towards small, high-tech businesses, like BBCetc. The goal of the grant is to stimulate economic development through federally-funded programs such as the Small Business Technology Transfer (STTR) and Small Business Innovation Research (SBIR).

BBCetc is filled with passion, the company’s website says, for milestones in technology-based small businesses. This includes providing training and guidance for companies from all shapes and sizes. The company offers technology assessment, commercialized planning and entrepreneurial training, among other integral programs. For more information about the company, please visit www.bbcetc.com.

But it is not just the Small Business Administration FAST grant that will help BBCetc in its goals – the Michigan Economic Development Corporation (MEDC) will match the $95,000 grant.

Martin Dober, senior vice president of entrepreneurship and innovation for MEDC, said in a recent press release, “Providing support to start-up companies in commercializing their technologies can be critical for their success and, in the long run, will help drive the economy and create jobs.”

FAST and MEDC will help BBCetc expand and continue its MI FASTconnect Program. The program was designed to start the commercialization efforts of the STTR and SBIR.

The BBCetc website says that the program helped Michigan entrepreneurs to better leverage their STTR/SBIR awards by strengthening competitiveness, promoting innovation and commercialization, and increasing women and minority participation in innovation.

“We have been very excited by how the program has progressed,” Lisa Kurek, managing partner at BBCetc, said, “We are delighted that we now have the opportunity to enhance it further.”

For more information about the MEDC, please visit their website at www.michiganbusiness.org.

More information about BBCetc and the FASTconnect program can be found at www.bbcetc.com/michiganfastconnect/.

About the Author

Lauren Ebelt

Lauren is a recent graduate from Michigan State University. She likes traveling, blogging about the food she eats, and correct grammar.