EAST LANSING, Mich. Michigan State University FCU provided $25,000 in start-up capital to a local ceramics company as part of the Greenlight Business Model Competition it created with Spartan Innovation.
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The competition was an opportunity for entrepreneurs from all over Michigan to come together to pitch their business ideas. There was more than $50,000 in available prizes, with the chance for participants to win the grand prize of $25,000, sponsored by the credit union.
The grand prize of $25,000 went to Kymeria Advanced Materials, which is working to develop new chemistry for ceramics. The company said its process brings the benefits of existing advanced ceramics to new parts and markets.
