Michigan Agency for Energy awards $125,000 grant to Flint's Ferris Wheel Innovation Center
Rick Snyder, Governor
Anne Armstrong Cusack, Acting Director
March 12, 2018 — FOR IMMEDIATE RELEASE
Grant will assist small businesses in advancing clean energy technologies and products
LANSING, Mich. – The Michigan Agency for Energy (MAE), today announced a $125,000 grant to 100K Ideas to assist Michigan small businesses in advancing clean energy technologies and products.
Individuals and small businesses can contact 100K Ideas for a free consultation appointment to discuss their needs and help decide next steps for advancing their clean energy ideas.
100K Ideas is a non-profit company associated with Flint-based Ferris Wheel Innovation Center, which provides low-cost, confidential incubation and business development services to usher ideas and innovators from napkin-sketch to prototype and market.
“100K Idea’s track record supporting small businesses has already proven to be a success with over 90 clients assisted in just the past four months,” said Anne Armstrong Cusack, MAE acting executive director. “With its continued expansion in Flint, it will assist even more Michigan individuals and small businesses. The grant announced today will advance and bring to market clean energy products focused on energy efficiency and environmental sustainability, with special emphasis on achieving energy waste reduction in manufacturing. The program will spur innovation and grow jobs in Michigan’s energy sector.”
“Our team of students from U of M Flint, Kettering, Mott Community College, College for Creative Studies and others are eager to assist existing companies and individuals alike in their quest to bring energy innovations to market,” said, David Ollila, president of 100K Ideas. “The grant from the Michigan Energy Office, combined with the 100K Ideas platform will empower innovators from across the state to act on their ideas faster and with lower risk. We are looking forward to plugging in to the network of Michigan’s innovators and uncovering the next great idea in energy.”
The grant period for 100K Ideas runs through September 2019.
The Michigan Energy Office is part of MAE.
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