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SOUTHFIELD—Lawrence Technological University’s Centrepolis Accelerator has received a $100,000 grant from the Ann Arbor-based Song Foundation.
The grant will be used to support the overall activities of the accelerator, one of the few in the nation to concentrate on manufacturers of physical products rather than software.
“We are grateful to the Song Foundation for this generous gift, which we will quickly put to work helping hardtech entrepreneurs develop and manufacture their products in Michigan, creating quality jobs for their companies as well as providing impact to the local manufacturing supply chain,” said Centrepolis Accelerator CEO Dan Radomski.
The Song Foundation was founded in Ann Arbor in 2019 by Dug Song, co-founder and former chairman and CEO of Duo Security, and Linh Song, Ann Arbor city council member. Song co-founded Duo Security in 2010, and helped grow a highly successful IT security firm. The company was acquired by Cisco Systems in 2018 for nearly $2.4 billion.
The Song Foundation currently lists more than 20 grantees on its website, https://song.foundation/. Its grants support inclusive youth programs, entrepreneurship, literacy, affordable housing, environmentalism, the arts, and more. According to its federal Form 990 nonprofit organization filing for the year ended Aug. 31, 2022, it had $31.1 million in assets.
The Centrepolis Accelerator, housed in Lawrence Technological University’s Enterprise Center in Southfield, is 6,300 square feet of business assistance for physical product developers and manufacturing companies, a unique niche among accelerators in Michigan. Clients include climatech, manufacturing startups, and existing companies looking to move up to the next level in product innovation. Services include product design, engineering, and prototyping, as well as business planning services, office space, co-working space, workshops, mentors and events.
Lawrence Technological University 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, Engineering, and Health Sciences, as well as Specs@LTU as part of its growing Center for Professional Development. 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 list it in the top tier of the best 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.
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