Automation Alley

INDUSTRY 4.0

             ACcelerator

Powered by Centrepolis at LTU and Lean Rocket Lab

Program Details and FAQ's

Six month program designed to help grow and scale your Industry 4.0 business through investment, events, mentorships, coaching, services and the intensive support. Including but not limited to the following:

 

  • Up to $110,000 investment in your business in cash and services​

    • Potential additional funding support for pilot demonstration projects and product development partnerships

    • Potential additional funding support for general business and technical milestones

    • Typical Investment consists of $50k cash, and $60k in services provided by Accelerator over 6 months

    • Investment in form of Convertible Note for start-ups or loan for established business at 8% annual interest

  • Automation Alley Membership

  • One-on-one customized support to help businesses

  • Direct connections to customers and strategic partnerships in Michigan focused on integrating Industry 4.0 innovations into their operations

  • Direct connections to hundreds of Michigan reps, manufacturers and suppliers

  • Best in class business mentors and Industry 4.0 technical advisors

  • Business growth assessment and milestone planning

  • Academic engagements including proof of concept projects

  • Funding strategy and connection to investors

  • Options to participate in Automation Alley, Centrepolis LTU and Lean Rocket Lab events, workshops, pitch competitions, classes, and conferences

  • A Technology Readiness Demonstration Fund exists to support the implementation and adoption of technology from teams within our program by our various manufacturing partners

  • We try to avoid supporting directly competitive technologies when possible, however the accelerator does from time to time support multiple companies within similar verticals. Teams do receive different levels of support based on what stage of the accelerator that they're in. We publish what teams we have made investments in from our accelerator fund. These teams receive the highest levels of direct support, event presence, media placements and other benefits within the program.  

Accelerator Team

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TOM KELLY

Automation Alley

Executive Director and CEO

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PAVAN MUZUMDAR

Automation Alley

Chief Operating Officer

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JOHN BEDZ

Automation Alley

Manager, Special Programs

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ERIC DAVIS

Automation Alley

Technology Investment Analyst

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SAMANTHA FREEDMAN

LTU Centrepolis

Program Manager

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RANDY THAYER

LTU Centrepolis

i4.0 EIR

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DAN RADOMSKI

Centrepolis at LTU

Executive Director and CEO

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BRANDON MARKEN

Lean Rocket Lab

President and CEO

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KEN SENEFF

Lean Rocket Lab

Chief Operating Officer

Fathi Abdelsalam

Lean Rocket Lab

Managing Director of Programs

Uma Nidmarty

Lean Rocket Lab

i4.0 Pipeline Manager

Applicants from Around the Globe