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Michigan Business
Incubator Association




Helping Foster State, Local and Regional Economic
Success Through Business Incubation

Members

Michigan Business Innovation Association is comprised of the state's most innovative business incubators, accelerators, co-working spaces, maker spaces, economic development partners, and entrepreneurial support organizations who are focused on innovation, creating jobs and developing Michigan's local economies. The MBIA provides a supportive entrepreneurial environment that stimulates the growth of business to ensure economic vitality and encourage job creation.

Resources

The MBIA fosters communication and exchanges ideas among ESOs - Entrepreneurial Support Organizations, their leadership teams, clients, entrepreneurs, new ventures, and other stakeholders. We serve as a clearinghouse for the collection and dissemination of information about incubators, accelerators, co-working spaces, maker spaces to assist entrepreneurs with new business ideas, providing a basis for mutually supportive group efforts that promote the public image of ESOs and their economic impact.

Leadership

MBIA recognizes the incubation industry's involvement in transforming the Michigan economy, and hopes to bring together incubators, entrepreneurs and economic developers to engage with a dynamic network of organizations and individuals committed to forwarding the Michigan economy.






News


2018 Membership Rate Increases

In an effort to make membership in MBIA even more beneficial and easier, we have created a new membership category that will incorporate two separate payments into one. Called the VIP All-Inclusive level, this option includes membership dues AND registration for the annual Member Meeting, valued at $100 per person. The VIP All-Inclusive levels are:

Associate $200
Organizational $330
Consultant/Vendor/Partner $375
Premier Member (5 members, 2 admissions to the annual member meeting) $425

For comparison, the other 2018 membership rates are:

Associate (1 member) $100
Organizational (2 members) $130
Consultant/Vendor/Partner (2 members) $175
Premier Member (5 members) $225

The 2018 membership rates do include a slight increase from 2017. Membership rates have not changed at MBIA since 2011. Even with an all-volunteer board and a 1/4 time admin/marketing person, the costs of running the Association have increased. Frugality and efficiency have been the hallmark of the board for years, and we don't anticipate changing that anytime soon. We sincerely hope that the modest rate increase in 2018 will not be a hardship for any member. The minimal increase in dues will enable the Association to continue offering the benefits that members have come to expect, like an interactive website, connectivity among Michigan entrepreneurial support organizations, and interesting meetings and networking events. Thank you for your membership and your participation in the Michigan Business Innovation Association.

Sunday, December 10, 2017

2017 Great Lakes Summit September 26-28

MBIA, along with the GLIn2 Planning Committee, is hosting the 2nd Great Lakes International Innovation Summit September 26-28, 2017

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Monday, September 25, 2017

Michigan State selects startups for incubator program

Michigan State University's Conquer Accelerator has selected a new group of startups for the school's second Innovation Celebration, according to an MSU news release.

Hosted by Spartan Innovations, which is an incubator for startup companies funded by the MSU Foundation, the program aims to help entrepreneurs plan for growth and overcome business hurdles.

Five Michigan-based startup teams have been selected for the cohort. Each will receive $20,000 in funding and participate in a 10-week program that includes mentorship, a creative working space, support and resources.

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Monday, April 24, 2017

CMURC to open 3rd location in Saginaw's SVRC Marketplace

FOR IMMEDIATE RELEASE

Central Michigan University Research Corporation announces expansion in Saginaw Business incubator and accelerator will open its third location in the SVRC Marketplace

MOUNT PLEASANT, Mich., Apr. 20, 2017 – What was once filled with the buzz of local information and updates soon will be humming with a different type of news: new product ideas and businesses. Today, Central Michigan University Research Corporation announced it will open its third location inside the SVRC Marketplace — the iconic former home of The Saginaw News — next year.

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Monday, April 24, 2017

Release of MichiganVCA Annual Research Report

Strong Michigan venture firms are a critical factor in the success of Michigan startups. With Michigan venture investors backing nearly every Michigan venture-funded startup, the health of our state’s entrepreneurial economy hinges on our ability to provide capital to our high-growth, high-potential companies.

Key Findings:

- There were 141 active venture-backed startups in Michigan in 2016, which is a 48% increase in the last five years.

- 54 startups in Michigan received more than $222 million from Michigan venture capital firms in 2016, a 42% increase from the previous five years.

- Every $1 invested in a Michigan startup by a Michigan venture capital firm attracts $4.61 of investment from outside of Michigan.

- There are 33 venture firms headquartered or with an office in Michigan.

- Total venture capital under management in Michigan in 2016 was $4 billion

- In the last five years, the number of venture capital investment professionals living, working and investing in Michigan has increased by 41%.

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Thursday, April 13, 2017

Calendar of Events


MBIA 2017

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