SmartZone Local Development Finance Authority

Department in Charge of This Board

Economic Development


Request for Qualifications (RFQ)

We were recently awarded a Business Incubator ("Gateway") Grant, beginning on April 1, 2019. We are currently working on identifying a partner to provide the Business Accelerator Fund (BAF) program under this grant.

View the RFQ(PDF, 4MB)


About the Board

We provide support to high-technology entrepreneurs and businesses. We do this by working to enhance the environment and resources they need for success. This helps them leverage technology, start companies, and create new industries. It also keeps our economy strong and prosperous.

Apply for Boards and Commissions

A SmartZone Local Development Finance Authority (LDFA) is an economic development tool. It allows us to capture increased property tax dollars. We then reinvest that money to provide support to high-technology entrepreneurs and businesses.

The following partners established the Grand Rapids SmartZone LDFA in 2002:

  • City of Grand Rapids
  • Grand Rapids Community College
  • Grand Valley State University
  • The Right Place, Inc.
  • Van Andel Research Institute

We have 11 members:

  • 7 members are appointed by the Mayor with the approval of the City Commission
  • 1 member is appointed by the Kent County Commission
  • 1 member is appointed by the President of Grand Rapids Community College (GRCC)
  • 2 members are appointed by the Superintendent of Grand Rapids Public Schools (GRPS)

Our guiding document is a Tax Increment Financing Plan and Development Plan(PDF, 5MB). We amended our Plans in 2016 and established the following strategic priorities:

  1. Inspiration, mentoring and access to resources
  2. Infrastructure and physical resources
  3. Connection and awareness
  4. Talent

We have two distinct boundaries. Our Authority District encompasses the entire City of Grand Rapids. Our Certified Technology Park(PDF, 1MB) (CTP) is a smaller area within the City. We only capture tax increment revenue in the CTP. View our interactive map.

Michigan Public Act 57 of 2018 is our enabling legislation (formerly Act 281 of 1986).

Budgets

FY2019 Budget
FY2018 Budget
FY2017 Budget

Audits

FY2018 Audit
FY2017 Audit

Residency Requirement

There is no residency requirement to be a member of this board.

Term Limits

Each term lasts 4 years. There is no term limit, so you can serve an unlimited number of terms.

Compensation

There is no compensation for serving on this board.

Board Rules

Rules of Procedure(PDF, 29KB)

Wayman Britt

Representative of the Kent County Board of Commissioners
Term ends: 12/31/2020

Keith Brophy

Mayoral Appointment
Non-Resident
Term ends: 12/31/2021

Gerald Callahan

Mayoral Appointment
Non-Resident
Term ends: 12/31/2019

Lisa Freiburger

Representative of Grand Rapids Community College
Term ends 12/31/2019

Kristian Grant

Representative of Grand Rapids Public Schools
Ward 3 Resident
Term ends 12/31/2021

John Helmholdt

Representative of Grand Rapids Public Schools
Non-Resident
Term ends 12/31/2021

Mark Holzbach

Mayoral Appointment
Ward 1 Resident
Term ends: 12/31/2019

Commissioner Joe Jones

Mayoral Appointment
Ward 2 Resident
Term ends: 12/31/2021

Jerry Kooiman

Mayoral Appointment
Ward 2 Resident
Term ends: 12/31/2021

Therese Thill

Mayoral Appointment
Ward 3 Resident
Term ends: 12/31/2021

Dante Villarreal

Mayoral Appointment
Non-Resident
Term ends: 1/31/2020

We use contracts to engage partners in our work. Review our current contracts below.

Michigan Economic Development Corporation (MEDC)

The MEDC gives us the authority to operate the Grand Rapids SmartZone LDFA.

Learn More


COMING SOON - Gateway Representative

We were recently awarded a Business Incubator (Gateway) Grant, beginning on April 1, 2019. We are currently working on identifying a partner to provide the Business Accelerator Fund (BAF) program under this grant.

View the RFQ(PDF, 4MB)


Start Garden, Inc.

We partner with Start Garden to provide a variety of services to high-tech entrepreneurs and businesses, including incubation, ecosystem development, 5x5 Night, and The 100.

Learn More


The Right Place, Inc.

We partner with The Right Place to market the SmartZone to high-tech entrepreneurs and businesses and to support to MiDevice and the West Michigan Technology Council.

Learn More


Holland SmartZone LDFA – Satellite District

We partner with the Holland SmartZone LDFA and Lakeshore Advantage on regional initiatives.

Learn More(PDF, 396KB)


applied Medical Device Institute (aMDI) at Grand Valley State University (GVSU)

We support aMDI’s work piloting a 3D additive manufacturing program and producing pre-validated FDA packaging solutions.

Learn More


Spectrum Health Innovations

We support Spectrum’s work creating new medical devices with GVSU and Kendall College of Art and Design.

Learn More


The Keller Family Businesses

We support Keller's work creating new business models for high-tech startups with GVSU and Talent 2025.

Learn More


West Michigan Center for Arts and Technology (WMCAT)

We partnered with WMCAT to open a local Cyber Range Hub.

Learn More


Grand Rapids Public Schools (GRPS)

We are partnering with GRPS to construct a state-of-the-art engineering lab at Innovation Central High School Academy of Modern Engineering.

Learn More


Grand Circus

We partner with Grand Circus to fill the tech talent pipeline by providing basic and advance coding training.

Learn More


Creative Many Michigan

We support Michigan House at the South by Southwest (SXSW) Conference through Creative Many.

Learn More


Other Partners

Some of our other partners include