University Research Corridor (URC), comprised of Michigan State University, the University of Michigan, and Wayne State University, is responsible for generating $15.5bn for the US state in 2011, according to a recently conducted economic impact report.
The figure was $2.6bn more (or 20% higher) than a similar report conducted in 2007. The URC was also responsible for more than 74,000 direct and indirect jobs statewide, and boosted tax intake for Michigan by $375m in 2011.
During the year, the…
A new $35m fund will be managed by external venture studio High Alpha Innovation and will work with the university on creating new startups.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
