Michigan ICT Innovation ManagementInformation, Communications and Technology (ICT) Innovation Management and Fund
Michigan is nationally recognized for its leadership in Information Technology. Through strategic investment in progressive technology, advanced management strategies, and cross-boundary partnerships, this leadership has fostered a sustained culture of innovation. Executive Directive 2012-1, furthers State and Local government technology innovation through the establishment of the ICT Innovation Fund Investment Board, within the Department of Technology, Management, and Budget (DTMB), to provide oversight to the ICT Innovation Fund Loan Program.
|Investment Board and the Department of Technology, Management, and Budget (DTMB)|
Management support and administration of the fund is provided by the ICT Innovation Fund Investment Board. The Board is comprised:
- David Behen (Chair) - Director, DTMB and Chief Information Officer (CIO)
- John Roberts - Director, State Budget Office
- Rod Davenport - Chief Technology Officer (CTO) and Chief Security Officer (CSO)
- Steve Arwood - President and Chief Executive Officer, Michigan Economic Development Corporation
- Dr. David Mielke - Dean, Eastern Michigan University College of Business (2004-2012)
- Honorable Earl Poleski - Michigan House of Representatives
|Call for Proposals|
Call for Proposals - Current Round Closed.
|About the Fund|
Purpose of the ICT Innovation Fund Loan Program: The purpose of the ICT Innovation Fund Loan Program is to accelerate innovation by improving the ICT resource allocation process. The fund provides venture capital loans in support of new technology projects that would not otherwise receive funding.
Eligibility: All Michigan local units of government (cities, villages, townships, and counties), school districts, intermediate school districts, public community colleges, or public universities.
Loan Awards: $350,000 (Proposals for greater or lesser amounts will be given consideration)
Priority will be given to projects that meet the selection criteria:
- Innovative Solution
- Alignment to State of Michigan Priorities
- Return on Investment/Repayment Ability
- Transferability/Scalability of Solution
- Project Management/Accountability