Michigan Compiled Laws
Act 198 of 1984 - Michigan Business Incubation Act (125.1571 - 125.1586)
Section 125.1582 - Lessee Benefits.

Sec. 12.
(1) In return for his or her monthly rent, a lessee of a business incubation center shall receive the following benefits:
(a) Physical space within the center.
(b) The services of a building management consultant or management consulting firm.
(c) Services or facilities available within the center that are agreed upon by the board and the lessees of the center. These services and facilities may include, but are not limited to, cleaning, building security, typing, and reception services; conference, laboratory, and library facilities; duplicating machines; and computers.
(2) In addition to the benefits described in subsection (1), the center shall make available certain professional services on a fee for use basis. These services, which the building management consultant of the management consulting firm shall arrange, may include, but are not limited to, information on government regulations, basic management skills, advertising and promotion, marketing, sales, control of inventory levels, recruitment of employees, labor relations, and financial counseling in areas such as venture capital, risk management, taxes, insurance, and qualifying for government small business loans.
History: 1984, Act 198, Imd. Eff. July 3, 1984

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 198 of 1984 - Michigan Business Incubation Act (125.1571 - 125.1586)

Section 125.1571 - Short Title.

Section 125.1572 - Definitions.

Section 125.1573 - Designation of Business Incubation Centers; Purpose; Title to or Lease of Building; Priority of Proposals.

Section 125.1574 - Community Board; Appointment or Designation; Membership; Chairperson; Compensation Prohibited; Terms; Conducting Business at Public Meeting; Notice; Availability of Writings to Public; Disclosing Matters of Proprietary Nature.

Section 125.1575 - Community Board; Duties; Petition for Designation.

Section 125.1576 - Feasibility Study; Factors; Notice of Decision; Reapplication or Designation.

Section 125.1577 - Period of Designation; Return of Building to Previous State; Notification; Publicizing Closing Date.

Section 125.1578 - Application to Start or Expand Small Business in Business Incubation Center; Contents; Waiver for Existing Business.

Section 125.1579 - Evaluation of Applicants; Factors; Notice of Rejection; Notice of Favorable Evaluation.

Section 125.1580 - Report; Hiring Management Consultants or Contracting With Management Consulting Firm.

Section 125.1581 - Lessee of Business Incubation Center; Duties.

Section 125.1582 - Lessee Benefits.

Section 125.1583 - Powers and Duties of Department Generally.

Section 125.1584 - Administration of State Funding.

Section 125.1585 - Annual Appropriation.

Section 125.1586 - Reports.