In September, Automation Alley launched 7Cs™ Second Stage, the next phase of the highly successful 7Cs™ program for advanced manufacturing entrepreneurs.
The 7Cs program was created to help entrepreneurs in Southeast Michigan accelerate the commercialization of their products, services or technologies. 7Cs™ Second Stage is geared toward manufacturing- and technology-based companies in Southeast Michigan with five to 50 employees and less than $20 million in annual revenue.
“The success of the first phase of the 7Cs™ program led us to ask why we could not offer such a compelling package to our second stage companies, who wrestle with the same issues but on a larger and more immediate scale,” says Tom Kelly, COO of Automation Alley. “7Cs™ Second Stage is the answer.”
Companies accepted into the year-long program will receive intensive business coaching, a professionally produced sales video and a complimentary year-long membership in Automation Alley. Together, these services are valued at $26,000, but they are available through the program for $19,950. Low-interest loans are available to eligible participants to fully defray the upfront costs of the program, with principle and interest payments deferred for two years.
Automation Alley plans to accept 10 to 12 new companies into the program each year. For more information, visit automationalley.com.