ASSIST ENTREPRENEURS IN LAUNCHING NEW VENTURES. MIC ENGAGED WITH 17 RESIDENT CLIENTS AND 12 NON-RESIDENT CLIENTS. MIC HAS A CONTRACT TO OPERATE AN INCUBATOR SPACE AND COLLECTS RENTS FROM THE COMPANIES TO OFFSET THE COSTS OF RUNNING THE INCUBATOR SPACE. WE HAD THREE COMPANIES GRADUATE FROM THE INCUBATION PROGRAM. ASSIST ENTREPRENEURS IN RAISING GRANTS AND EQUITY CAPITAL. MIC'S CLIENTS RAISED $17.9 MILLION IN PRIVATE CAPITAL AND $3 MILLION IN GOVERNMANT CAPITAL (SBIR/STTR GRANTS). JOB CREATION BY CLIENT COMPANIES. MIC'S CLIENTS CREATED 40 ACTUAL JOBS AND AN ADDITIONAL 40 INDIRECT JOBS.