SOUTHFIELD—Lawrence Technological University’s Centrepolis Accelerator has received a $450,000 grant from the Fred A. and Barbara M. Erb Family Foundation.
The grant is intended to help small and medium-sized manufacturers increase their adoption of sustainable business practices that will both improve the condition of the environment and boost their economic competitiveness.
The project will reach existing companies as well as startups that do not have the staff capacity to evaluate their energy use, waste streams, greenhouse gas emissions, or other factors to make their operations more sustainable.
“We are excited to support Lawrence Tech Centrepolis to deliver sustainability project support to small and medium-sized enterprises in the region,” said Erb Foundation President Neil C. Hawkins. “Their track record is strong, and the sustainable business ecosystem will be strengthened by this important work. This also greatly complements the impactful efforts by Sustainable Business Network of Detroit.”
Dan Radomski, Centrepolis Accelerator CEO, noted that the accelerator has received several other grants to jump-start the so-called C3 economy—cleantech, climatech, and the circular economy. In general, C3 refers to businesses, products, or services that improve operational performance and energy efficiency, while reducing costs, inputs, energy consumption, waste, and pollution.
“We are happy to receive this support from the Erb Family Foundation as we continue our efforts toward a cleaner, more efficient economy, while supporting Michigan entrepreneurs and businesses interested in the economic opportunities in cleantech and circlularity,” Radomski said.
Said LTU President Tarek Sobh: “Dan and his colleagues at the Centrepolis Accelerator continue to provide a unique resource to both LTU and the state of Michigan. Their efforts will help Michigan’s economic development efforts, help build a sustainable future, and provide one-of-a-kind research opportunities and learning experiences to LTU students and faculty.”
LTU’s Centrepolis also manages the C3 Accelerator, funded by the Michigan Department of Environment, Great Lakes, and Energy, that provides commercialization support for cleantech, climatech and circular economy technology companies.
Lawrence Technological University, www.ltu.edu, is one of only 13 private, technological, comprehensive doctoral universities in the United States. Located in Southfield, Mich., LTU was founded in 1932, and offers more than 100 programs through its Colleges of Architecture and Design, Arts and Sciences, Business and Information Technology, and Engineering. PayScale lists Lawrence Tech among the nation’s top 11 percent of universities for alumni salaries. Forbes and The Wall Street Journal rank LTU among the nation’s top 10 percent. U.S. News and World Report lists it in the top tier of best in the Midwest colleges. Students benefit from small class sizes and a real-world, hands-on, “theory and practice” education with an emphasis on leadership. Activities on Lawrence Tech’s 107-acre campus include more than 60 student organizations and NAIA varsity sports.