Michigan is instituting a shared and partnered information, communications and technology (ICT) innovation management process. The management process is supported by a full range of innovation and technology management strategies, with an emphasis on an innovation network, open sourcing and establishing and sustaining a culture of innovation. Management support and administration of the fund is provided by the Investment Board and the Department of Technology, Management and Budget (DTMB). The Board is comprised of John Nixon (Chair), Director of the Department of Technology, Management and Budget; David Behen, State of Michigan Chief Information Officer (CIO); Mike Finney, President and Chief Executive Officer at Michigan Economic Development Corporation; and Dr. David Mielke, Dean, Eastern Michigan University College of Business; and the Honorable Earl Poleski, Michigan House of Representatives.
It is our goal to partner with Michigan state government agencies, local government and not for profit sectors to identify, catalyze and implement innovative solutions which enable a more efficient and cost effective government for the benefit of the citizens of Michigan. Simply stated, we will consult on and invest in ideas that make State and local governments in Michigan more productive, providing greater value to citizens.
Purpose of the Fund: Improve the ICT resource allocation process, provide venture capital loans, as needed, for the development of new technology projects that otherwise would not receive funding, and support the modernization, redesign and transformation of government.
Goals of the Fund: Accelerate innovation; expand solution options; improve timeliness and flexibility; enhance cost effectiveness and savings; support a multi-year perspective; enhance interagency and cross-boundary cooperation; and provide agency incentives.
Priorities: The five priority areas for the fund are: innovations; enterprise level investments and infrastructure; multi-agency, transferable initiatives; cost effective or high performance ICT solutions; and alignment with the governor's government performance and redesign goals.
Eligibility: All Executive Branch agencies and Departments and shared service projects involving local governments and other public service providers, including not for profit sectors are eligible. While cross-boundary collaboration is encouraged and solicited, in such partnerships, the state government agency is always the responsible authority, including having responsibility for ongoing support/maintenance or ensuring such support once implemented and also functioning as the conduit for repayment of the loan.
Proposal Awards and Limits: Awards are generally limited to $100,000, with a maximum of $250,000 for any one project. Recipients must demonstrate the ability to fund and sustain ongoing and future operations. Funding over $250,000 is available to: enterprise level, multi-agency initiatives; shared service projects with other levels of government or the private sector; and single agency/program efficiency improvements with significant ROI and re-payment ability.
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