Innovate Marquette SmartZone infuses $600K into economic development efforts

Innovate Marquette SmartZone is one of 21 SmartZones located throughout the state. Established in 2015, the SmartZone provides support, guidance, and services to local entrepreneurs and small business owners in Marquette County and the Upper Peninsula. The organization is supported by the MEDC and the City of Marquette, providing a unique set of resources, experiences, and knowledge.

Recently, the organization secured a Capital Challenge grant from the U.S. Economic Development Administration‘s Build to Scale program. The grant will infuse $611,911 into local economic development efforts over the next three years. The organization plans to use the new resources for the Make it Marquette Start to Scale project, which will leverage educational, economic development, and capital investor partnerships.

Joe Thiel, CEO of Innovate Marquette SmartZone, is on the InvestUP Board of Directors.

As a part of our commitment to the Upper Peninsula, we collaborate with partners to share some of the most compelling stories about business and job growth across the region. Our goal through these stories is to get at the heart of what makes the U.P. unique — and to ensure these stories travel beyond our peninsula and broadly illustrate why the UP is the place to live and work.

If you have an idea for an article, please contact a staff or board member at InvestUP.

Recent Posts

Sign up today and we will keep you INVESTED.

It’s easy to stay connected with the U.P. Learn about business opportunities and important updates, regional projects, and more.