Earlier this spring, some 6,000 University of Michigan undergraduates celebrated commencement at Michigan Stadium and on our Flint and Dearborn campuses, and joined the global family of Michigan alumni.
Among the many campus experiences our students enjoy is a culture of entrepreneurship and innovation.
It’s a pleasure to share these stories of U-M’s impact throughout Michigan. Please enjoy them and, as always, Go Blue!
Mary Sue Coleman
University of Michigan
Survey shows more university graduates staying in Michigan
An increased number of recent graduates of Michigan’s public universities are remaining in the state after graduation, according to preliminary survey results released by the Detroit Regional Chamber at the Mackinac Policy Conference last month. The survey indicated that 63 percent of the targeted group of graduates remained in the state, a 12 percent increase from a survey of a comparable group in 2007.
“The better we understand the relationship between mobility, employment and place as it pertains to the decisions people make after graduation, the better positioned Michigan will be to retain and attract the talent it needs to compete globally,” said Michael Finney, president and CEO of the Michigan Economic Development Corporation MEDC. “Graduates are one of our state’s greatest resources and we need to continue to showcase to them the great professional and personal opportunities in our state.”
Alumni from Michigan’s University Research Corridor schools find success by embracing entrepreneurship
Michigan's University Research Corridor (URC) is proving to be a powerful business incubator for students and alumni, playing a dramatically increased role in nurturing start-up efforts and providing a boost to aspiring entrepreneurs, a new report shows.
Graduates of the three universities that make up the URC – Michigan State University, the University of Michigan and Wayne State University – have started or acquired businesses at double the national average rate among college graduates since 1996.
U-M Water Center awards $570K in Great Lakes restoration grants
The new U-M Water Center recently awarded 12 research grants, totaling nearly $570,000, to support Great Lakes restoration and protection efforts. The grants will support diverse projects, including efforts to track the remediation of harmful algae blooms; assess the effectiveness of techniques to control non-native weedy plant invasions; study chromosomal damage in tree swallow nestlings; and monitor fish responses to restoration activities.
The Great Lakes hold 20 percent of the world's surface freshwater. The region includes 10,000 miles of coastline and numerous globally rare plant and animal species. In addition, the Great Lakes support a wide range of recreational and economic activities, including vibrant tourism and a sport fishery industry that contributes $4 billion to the economy.
Can successful entrepreneurship be taught? Professors in U-M's Master of Entrepreneurship Program say, "Yes." They believe the tools and skills to start a successful technology business can be learned through an interactive, practical method that can only be found at U-M.
U-M’s master of entrepreneurship degree is one of the first of its kind. It combines the technical and scientific skills from the College of Engineering with the business management, marketing and financial skills in the Stephen M. Ross School of Business.
First grads of entrepreneurship program
The U-M master's degree program in entrepreneurship awarded degrees to its first class in May. The program, offered jointly between the Stephen M. Ross School of Business and the College of Engineering, fits with the university's long history of innovation and entrepreneurship.
Graduate Grace Hsia earned her materials science engineering degree, then turned toward entrepreneurial studies to gain the business acumen to start her company, Warmilu. The startup developed a warming-blanket technology to help prevent infant deaths. Hsia's classmate Steven Sherman is confident his venture in energy systems, called YouKnowWatt, will keep him busy this summer and possibly beyond. They are just two members of the inaugural entrepreneurship degree program.