The TIC, a regional business accelerator years in the making, features 15 standard offices, eight workstations and three conference rooms for technology startups and entrepreneurs in the region. Tenants are provided with a total of three years to graduate from the incubator program. During their three years in the program, tenants formally set goals and objectives and meet regularly with TIC staff to evaluate their business condition. Tenants are also required to create an action plan and show continued efforts to meet milestones within the plan. Mission Statement The mission of the Technology Innovation Center (TIC) is to generate and advance the culture of entrepreneurship in the community and to expand the technology based economy in the market. Objectives
Vision The City of East Lansing has created the TIC in downtown East Lansing to facilitate the development of the technology based economy. The facility will cater towards developing Michigan State University Information Technology spin-offs, high-tech ventures, and local entrepreneurs.
While the initial facility is located within existing downtown office space, the vision includes expanding or relocating into East Lansing’s mixed-used development project, East Village, depending on the timing of redevelopment efforts. The TIC is also located within the East Lansing portion of the Lansing Regional Smartzone. The TIC will contribute to the development of regional networking and educational forums. It is expected that these forums will be an integral component of increasing exposure to the SmartZone while simultaneously providing an avenue for high tech businesses to network and learn about the latest market trends. The TIC will also serve as an expanded wireless hot spot in downtown East Lansing. Wireless services will be made available free of charge to qualifying high-technology businesses and their guests. In addition, broadband will be deployed within the incubator facilities.