The three universities that make up the Michigan University Research Corridor added $958m and 11,600 jobs to the city of Detroit in 2015.
Michigan state’s University Research Corridor (URC) added $958m in economic activity to the city of Detroit in 2015, according to a report published by management firm Public Sector Consultants.
URC is made up of three universities – Michigan State University, Michigan University and Wayne State University.
Titled “Engaging Detroit: URC’s Contributions to Resurgence in the Motor City”, the report reveals that the corridor provided 11,600 jobs, the equivalent of one in every jobs in the city. The number includes an estimated 3,600 positions, created by URC’s economic activity.
Over 2015, the research corridor provided a total of $263m across more than 700 research grants. More than half of these focused on the city of Detroit and related policy matters, with the remainder allocated to medical research.
Lou Anna Simon, president of Michigan State University, said: “Detroit has been pivotal to Michigan for 300 years and has always been important to Michigan State.
“It is a resilient, forward-looking city, and a cradle of creativity and innovation. It is a privilege to work with our many partners in Detroit to prepare for all the tomorrows of its next 300 years.”
The full report is available here.
