Michigan mission-locked small businesses welcomed to apply for new program to help them grow

Michigan-based, mission-locked small businesses can now apply for resources to aid in their growth, thanks to a new program offered jointly by the Small Business Association of Michigan (SBAM) and Incompass Michigan.

SBAM and Incompass Michigan, an organization dedicated to creating and sustaining inclusive, purpose-driven communities, have created the Center for Social Enterprise Development initiative to set mission-locked organizations up for success. This first-of-its-kind pilot program will bring together a collective of newer Michigan-based small businesses and nonprofit organizations to receive hands-on training in an eight-month course that will provide technical assistance with building the companies up for growth over the long-term future.

“The Center for Social Enterprise Development will boost mission-driven small businesses in their first years of operation, priming them for sustained growth and success that benefits our entire state,” said Brian Calley, president & CEO of SBAM. “We hope to not help just this first collective of organizations, but ultimately, to grow the number of social enterprises throughout Michigan.” 

The Center for Social Enterprise Development’s first Collective will offer training workshops to better equip social enterprise entrepreneurs to tackle the hardest stage of owning a business - the beginning. Selected applicants will receive grant-funded vouchers to participate in the workshops, as well as additional grant-funded vouchers to receive more intensive technical assistance. Each participating organization will also receive a personalized promotional video to share their pitch and help introduce their social enterprise to the public.  

“We are excited about the impact our first Social Enterprise Collective will make for mission-locked small businesses and organizations across our state,” said Todd Culver, president and CEO of Incompass Michigan. “As these companies are focused on helping the communities around them, we are eager to support them with extra resources to ensure their success.”

The application period for the Social Enterprise Collective opens on July 10.  To learn more, visit www.csed-mi.com.