It was with students like Vito Brasille in mind that Macomb’s new Center for Innovation and Entrepreneurship on Center Campus was developed.
The U.S. Marine Corps veteran who served in Iraq and Afghanistan is a student in Macomb’s Entrepreneurship-Innovation Program. He is working on a plan for a business that he would like to start in Macomb County. The opening of the new center means he now has a resource to turn to for an honest appraisal of his idea and help in making it happen.
“The one-on-one is really what I am excited about,” says Brasille, who spoke at the Center for Innovation and Entrepreneurship’s introduction on Sept. 16. “You might get an A on your business plan in class, but that doesn’t mean you’ll get $50,000 from a bank.”
In addition to mentoring, the center will also provide financing opportunities through the Innovation Fund Macomb Community College, Powered by JPMorgan Chase & Co. The fund will provide grants of up to $25,000 to entrepreneurs to launch their businesses, or awards of up to $100,000 to emerging companies to expand. Partnering with Macomb in the venture is JP Morgan Chase, who has matched the College’s initial $1 million investment dollar for dollar.