MEDC's first-of-a-kind incentive program, the Innovation Fund was created with startups like Uber and Snapchat in mind. The mission is to spur and accelerate the growth of innovation-focused companies at various levels of revenue and funding stages during the startup life cycle. It's designed to grow with the company as it scales, supplementing growth during the timeliest need in the startup lifecycle, seed or few customers, to Series A and or a more extensive customer base. 

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Before other EDC's migrated their procedures to online due to the COVID19 pandemic, the MEDC's modern and progressive strategy created not only a unique incentive program but a fast, online application process. This program and its procedure have entirely changed the way business development is done.