Prism Analytical Technologies will be recognized this spring by Gov. Rick Snyder as one of the 2014 Michigan 50 Companies to Watch during the 10th annual Michigan Celebrates Small Business event May 6 in East Lansing.
Prism specializes in identifying harmful contaminants in the air. Established in Mount Pleasant in 1992, the company started as a service based company. In early 2009, the company shifted direction to bring a new product line to consumers. This expanded the business, leaving the company searching for a new location.
Les Keepper, Prism owner, planned to relocate the business but assistance from Central Michigan University Research Corp., Middle Michigan Development Corp. and the Small Business Development Center changed his mind.
“I could easily relocate our operation, but the connections that CMURC has specifically brought to the table and the support of all of the economic development organizations, it makes more business sense to utilize these excellent resources to further advance the company,“ Keepper said.
Keepper moved the operations to the CMURC’s business incubator, providing labs, office space and room to grow into the Mount Pleasant SmartZone Technology Park.
“Infrastructure and business accelerator programs were critical to Prism’s expansion as they required special air handling systems for the labs and specialized IT needs,” CMURC president and CEO Erin O’Brien said. “The region, by design, fosters entrepreneurs like Les, and appreciates his leadership and dedication.”
Keepper was awarded the 2012 CMURC Entrepreneur of the Year Award, and has now led his company to be recognized as one of the Michigan Top 50 Companies to Watch.
Plans to continue utilization of local resources in fueling future company growth are underway for Prism. CMURC will provide support in such areas as capital acquisition, intellectual property development and the recruitment of highly skilled professionals including chemists, marketing professionals, IT specialists and CMU students who require experience in commercial labs.
The SBDC will play a complementary role, focused on helping Prism access capital critical for future growth.