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Economy

Michigan universities producing entrepreneurs faster than national average

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Photo courtesy of the University of Michigan
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U of M's new venture accelerator will connect startups with talent and funding

Michigan’s three biggest universities are producing young entrepreneurs twice as fast as the national average.

That’s according to a report by East Lansing-based Anderson Economic Group released today at a conference of business leaders and politicians on Mackinac Island.

Debbie Dingell is chair of the Wayne State University Board of Governors.

“What’s clear is that we in Michigan have young people with ideas, and we’re giving them a university system that’s giving them the tools that they need to actually go out and start that business,” said Debbie Dingell, chair of the Wayne State University Board of Governors.

The report says almost half of the new businesses started by college grads have been started or acquired in Michigan.

University officials say they’ve revamped their curriculum in recent years to encourage entrepreneurship among students.

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