Automation Alley has launched a new program for to accelerate growth for entrepreneurs in Southeast Michigan and help gain their first customers.

The Automate ND Grant Program will cover up to 50% of the cost of purchasing or leasing machinery, equipment and software for automation projects ...

The projected cost of the automation program was $50 million over an eight-year period, and the projected internal rate of return for the project was 30 percent.

The program will invest more than $50 million to create a software suite that can automatically find potential vulnerabilities that hackers could exploit and deploy fixes.