MCL - Act 198 of 1984


MICHIGAN BUSINESS INCUBATION ACT

Act 198 of 1984

AN ACT to encourage and assist in the establishment and expansion of certain small businesses within this state through the creation of business incubation centers; to provide for community boards and to prescribe their powers and duties; to prescribe the duties of the department of commerce; to prescribe the duties of, and certain benefits provided to, lessees of business incubation centers; and to make an appropriation.


History: 1984, Act 198, Imd. Eff. July 3, 1984
Compiler's Notes: For transfer of powers and duties under the Michigan business incubation act from the department of commerce to the chief executive officer of the Michigan jobs commission, see E.R.O. No. 1996-2, compiled at MCL 445.2001 of the Michigan Compiled Laws.




The People of the State of Michigan enact:
Document Type Description
Section 125.1571 Section Short title.
Section 125.1572 Section Definitions.
Section 125.1573 Section Designation of business incubation centers; purpose; title to or lease of building; priority of proposals.
Section 125.1574 Section Community board; appointment or designation; membership; chairperson; compensation prohibited; terms; conducting business at public meeting; notice; availability of writings to public; disclosing matters of proprietary nature.
Section 125.1575 Section Community board; duties; petition for designation.
Section 125.1576 Section Feasibility study; factors; notice of decision; reapplication or designation.
Section 125.1577 Section Period of designation; return of building to previous state; notification; publicizing closing date.
Section 125.1578 Section Application to start or expand small business in business incubation center; contents; waiver for existing business.
Section 125.1579 Section Evaluation of applicants; factors; notice of rejection; notice of favorable evaluation.
Section 125.1580 Section Report; hiring management consultants or contracting with management consulting firm.
Section 125.1581 Section Lessee of business incubation center; duties.
Section 125.1582 Section Lessee benefits.
Section 125.1583 Section Powers and duties of department generally.
Section 125.1584 Section Administration of state funding.
Section 125.1585 Section Annual appropriation.
Section 125.1586 Section Reports.