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A bureau within the U.S. Department of Commerce
OIE Background

Office of Innovation and
Entrepreneurship (OIE)

Regents Of The University Of Michigan


Ann Arbor, MI

Project Name

The Fast Forward Medical Innovation (FFMI) Hub



Award Amount

Federal Share

Non-Federal Share



This EDA investment funds the expansion of the Fast Forward Medical Innovation (FFMI) Hub at the University of Michigan by developing a scalable regional education and training program that encourages and enriches the Hub’s biomedical innovation ecosystem across the State of Michigan and the greater Midwest Region. This investment will enhance human health through biomedical innovation and build an ecosystem and culture that increases job growth and global competitiveness of Michigan and the greater regions. In three years, FEMI expects to support 45 life science technology projects, which will create 8 new companies and raise $12 million in follow-on funding.