Governor Jennifer M. Granholm announced today that a request for proposals (RFP) has been issued for applicants interested in competing for $25 million in Michigan Technology Tri-Corridor funding. Awards will be used to fund research, development and commercialization projects in the fields of life sciences, homeland security and advanced automotive technology.
“The Technology Tri-Corridor unites an array of state, university and private resources into a focused effort to grow these three key industries and create exciting new job opportunities in Michigan,” Granholm said. “We are looking forward to receiving many innovative proposals for how this funding can provide the Corridor with the best returns.”
Michigan universities, public and private research institutions and Michigan-based for-profit firms interested in competing for funding must submit letters of intent no later than January 30. Full proposals will be due no later than February 27 with final selections to be announced next June. Applications are handled completely online at http://medc.michigan.org/ttc/
Funding for all three categories will be based on a competitive, independent peer review-based process. The prestigious American Association for the Advancement of Science (AAAS) will independently evaluate the proposals and make recommendations to the Tri-Corridor Steering Committee. Interviews will be conducted for the most promising proposals before the committee makes its final award selections.
“The Technology Tri-Corridor looks to expand on the success of the Michigan Life Sciences Corridor initiative by targeting two other high-growth industries worthy of pursuit, homeland security and advanced automotive technologies,” said David Canter, Senior Vice President, Pfizer and Chairman of the Technology Tri-Corridor Steering Committee.
The program, administered by the Michigan Economic Development Corporation (MEDC), seeks the best research and commercialization ventures in the three sectors through the competitive funding process announced today.
“The innovations developed as a result of the Technology Tri-Corridor initiative will change people’s lives for the better and help grow Michigan’s economy,” said MEDC President and CEO Don Jakeway. “Bringing our university researchers and entrepreneurs together with opportunities for commercialization is a formula for success.”
The MEDC will offer training sessions throughout Michigan in January to provide potential applicants with assistance on how to effectively respond to the RFP request, including information about eligibility, deadlines, additional program details, and how to apply.
More than 70 life sciences companies have been created in Michigan over the past three years as a result of the Life Sciences Corridor initiative. Granholm cited the federal Department of Homeland Security’s $918 million commitment for research, development and deployment of innovative technologies as an example of new opportunities emerging for Michigan companies involved in homeland security applications.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.
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