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Michigan Fund for Innovation and Entrepreneurship

University of Michigan

www.umich.edu

  • Program Exploratory and Special Projects
  • Program Area Special Projects
  • Grant Amount $2,000,000
  • Grant Period July 1, 2007–December 31, 2009
  • Location Ann Arbor, MI, United States
  • Geographic Focus Michigan

About this grant

The Michigan Fund for Innovation and Entrepreneurship will be launched by the University of Michigan, in partnership with other state-supported colleges and universities, to help the state of Michigan transition from a manufacturing-based economy to a knowledge-based economy. This renewable fund will have three components that will redefine Michigan’s approach to launching new businesses and industries. The three components are a Gap Fund, a Talent Retention Fund, and an Entrepreneurial Education Fund. Taken together, these funds will launch a new era for concentrated business development and entrepreneurship across the state.