University of Michigan Offers Aid to Michigan Economy

UM has begun to meet new entrepreneurs halfway by allowing them to "utilize the school's enormous resources [such as] faculty consulting, laboratory equipment, research projects and professional development classes."

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Filed under: Ann Arbor, MI | Competing Globally | Innovation | Start-Ups | University of Michigan

The University of Michigan is (finally) doing its part to lift Michigan's economy: it has recently opened many of its resources to area entrepreneurs not linked to the university.

A good way to turn around this poor economy is by creating new industries to bring money into Michigan. UM has begun to meet new entrepreneurs halfway by allowing them to "utilize the school's enormous resources [such as] faculty consulting, laboratory equipment, research projects and professional development classes."

What does this mean? Well, for one, that UM is feeling the slow economy. In addition, it has decided to take steps toward changing things. With any luck, area entrepreneurs will be able to use UM's resources to solidify their business in the market.