Cost Estimate Process
Following the execution of Project and Intellectual Property agreements, the client meets with an Engineering Project Manager to disclose the nature of the concept and establish the scope of the project.
The PDC staff will develop a task by task project plan with costs
based upon projected usage of labor, facilities, materials and special equipment.
A written proposal with cost and estimated completion is time is then provided to the client.
If signed and returned by the client with an initial payment, work can begin on the project.
The PDC is not a source of funding.
The PDC can not undertake unfunded activities.
For Project Funding Assistance
There are federal, state and private sources for economic development funding.
The SmartZoneSM system, the MEDC and its Strategic Service Providers can provide
suggestions and help finding resources.
Occasionally the PDC has had grants that can partially offset project costs.
The Mi-SBDC can provide help in developing a business plan suitable for presenting to private and governmental financing sources.
The Sault Ste. Marie/LSSU SmartZoneSM is operated by SSMartSM, Inc. providing help to entrepreneurs to bring new products and businesses to reality.
Whether it's an expansion, relocation, or even a concern with an agency of state government, the Michigan Economic Development Corporation (MEDC) can help. From site location assistance to job training grants, from help with permits to tax abatements, the MEDC is the State of Michigan's official economic development corporation -- a one-stop resource for businesses seeking to grow in Michigan
The Michigan Small Business Development Center (MI-SBDC) is comprised of 12 offices statewide, providing services and support to the Michigan small business community in the areas of counseling, training and research.