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[title] => [University of Michigan Ann Arbor]
[body] => [<h2>University of Michigan- Ann Arbor</h2>
<p>Ann Arbor, MI 48109 • 734-764-1817</p>
<p><a href="http://www.umich.edu/">http://www.umich.edu</a></p>
<p> </p>
<p> </p>
<p><strong>Technology Transfer</strong></p>
<p> </p>
<p><em>Office of Technology Transfer</em></p>
<p><a href="http://www.techtransfer.umich.edu/">http://www.techtransfer.umich.edu/</a></p>
<p> </p>
<p>UM Tech Transfer is the University organization responsible for the transfer of University technology to the marketplace. Our organization consists of our central Office of Technology Transfer and one satellite office in the College of Engineering. Both offices work closely together to provide responsive, professional service to our inventors and industry partners. Our licensing staff share responsibilities between the central office and the satellite office to ensure a consistent interface for all your technology transfer needs.</p>
<p> </p>
<p>Our tech transfer team offers a full set of services to ensure effective technology transfer:</p>
<ul>
<li><em>Disclosure Facilitation</em> - Professionals in our school and central office work with researchers and faculty to provide advice about potential tech transfer issues during research activities and to assist in the invention disclosure process. </li>
<li><em>Patenting and Other Protections</em> - We provide guidance in planning an effective patent copyright or trademark strategy and handle all implementation details during the implementation stage. </li>
<li><em>Start-up Assistance</em> - We provide proactive assistance in analyzing potential opportunities to form a start-up with our UM technology and encourage this interaction during the early disclosure process. Our skilled New Business Development Staff also provide hands-on business assistance, project planning and links to funding and people resources. </li>
<li><em>Licensing</em> - We assist in technical and market assessments and actively market UM technologies to industry partners. We create secrecy, evaluation, material transfer, option and license agreements with these industry partners to effectively get our technology into commercial use. </li>
<li><em>Legal Support</em> - Our two full-time tech transfer staff attorneys, in partnering with the Office of the General Counsel, provide legal guidance and assistance for all of our UM Tech transfer activities. </li>
<li><em>Decision Support</em> - Our business support and administrative staff provide information and guidance to conduct our business and expedite decisions by internal and external partners. We also advise interested parties on UM policies & procedures including conflict of interest issues. </li>
</ul>
<p> </p>
<p><strong>Incubators</strong></p>
<p> </p>
<p><em>Ann Arbor SPARK</em></p>
<p><a href="http://www.annarborspark.org/">http://www.annarborspark.org/</a></p>
<p> </p>
<p>SPARK was formed by a group of entrepreneurial, university, business, government and community leaders who banded together to form an economic development and marketing organization for the greater Ann Arbor region. Its mission is to advance the economic development of innovation-based businesses in the Ann Arbor region by offering programs, resources, and proactive support to business at every stage, from start-ups to large organizations looking for expansion opportunities. Ann Arbor is the Address of Innovation™. Ann Arbor SPARK is committed to making that address known worldwide.</p>
<p> </p>
<p>U-M pledged up to $1 million over five years to support SPARK. Its goal is to double the number of technology companies and triple technology jobs in the region by 2010, making the greater Ann Arbor region a hub of entrepreneurial energy and a great place to work, live and create or grow a business. SPARK is aimed at high-tech companies built on innovation. That includes biotech, information tech, small tech, energy, advanced manufacturing and security.</p>
<p> </p>
<p>SPARK's staff of professionals will offer five primary services to new and emerging high-tech businesses and organizations: business acceleration, business outreach, talent development, early-stage funding, and regional marketing and events. SPARK will assist and leverage existing organizations to deliver these services with quality, highly effective resources.</p>
<p> </p>
<p>SPARK is planning two office-style incubators—one in downtown Ann Arbor and another in Ypsilanti—to nurture startup companies in a host of other fields. Altogether, SPARK is working with 31 businesses that have located or plan to locate in one of the three new business accelerators and many either have ties to university research or former Pfizer employees.</p>
<p> </p>
<p>Life Sciences Start-ups: U-M and SPARK, with the help of a $1 million state grant, have assumed Pfizer's lease of a 34,400 square-foot lab space at the Traverwood office park on Huron Parkway, north of Pfizer's main Ann Arbor campus. Plans are to fill the Pfizer Inc. facility with U-M researchers and four life sciences companies to create a new wet lab incubator.</p>
<p> </p>
<p> </p>
<p><strong>University-Industry Commercialization Programs</strong></p>
<p> </p>
<p><em>Ford-U-M Innovation Alliance</em></p>
<p><a href="http://www.ur.umich.edu/0607/Jun25_07/00.shtml">http://www.ur.umich.edu/0607/Jun25_07/00.shtml</a></p>
<p> </p>
<p>Ford formed a partnership with the University of Michigan in 2007 to develop innovative automotive technologies. The Ford-U-M Innovation Alliance teams more than a dozen U-M faculty members with some 20 Ford scientists and engineers to work on 10 projects. Historically, many U-M researchers have viewed industrial partnerships as less reliable and less stable long-term funding sources than federal grants from agencies like the National Science Foundation. Yet several changes are being implemented through the Office of Technology Transfer to increase the stability and appeal of industrial partnerships. For example, the University adopted a new technology transfer policy that provides greater rewards to faculty inventors. Under the new policy, inventors with an ownership stake in a company that licenses U-M-developed technology no longer are required to waive their share of University revenues from the licensee.</p>
<p> </p>
<p> </p>
<p><em>Medical</em><em> Innovation Center</em><em> </em></p>
<p><a href="http://www.med.umich.edu/ummic/index.shtml">http://www.med.umich.edu/ummic/index.shtml</a></p>
<p> </p>
<p>The mission of the Medical Innovation Center (MIC) is to foster innovation and enable new medical technologies by integrating clinicians, dentists, scientists, engineers, and business professionals through education and research to ultimately improve health. It is a unique partnership among the University of Michigan's schools and colleges, to be a catalyst for health innovations through education and collaboration.</p>
<p> </p>
<p>The MIC trains medical innovators who are equipped to differentiate themselves in the healthcare industry and academia to accelerate the transformation of promising discoveries into commercially viable products for the benefit of the institution, community, and society. The center offers an intensive multidisciplinary fellowship program, set apart by the vibrant environment created by the breadth and depth of expertise, resources, and collaborations across the University of Michigan campus.</p>
<p> </p>
<p>The MIC is committed to inspiring a culture of entrepreneurship and innovation throughout the university and beyond. It bridges the UM community to the broader entrepreneurial and life sciences community through partnerships with industry, investors, executives, regulatory consultants, and other professionals. MIC strives to establish sustainable, strategic partnerships with industry worldwide, bringing complementary strengths and capabilities to bear in impacting global healthcare and healthcare delivery.</p>
<p> </p>
<p><em> </em></p>
<p><em>Coulter Translational Research Partnership</em></p>
<p><a href="http://www.bme.umich.edu/research/coulter.php">http://www.bme.umich.edu/research/coulter.php</a></p>
<p>The proceeds of a grant from the <a href="http://www.whcf.org/">Wallace H. Coulter Foundation</a> are being used to support collaborative translational research projects that involve co-investigators from the Department of Biomedical Engineering (BME) and a clinical department.</p>
<ul>
<li><strong>GOAL</strong>: The goal of this program is to support collaborative research that addresses unmet clinical needs and leads to improvements in health care and to commercial products. </li>
<li><strong>EXAMPLES</strong>: Examples of desirable outcomes include inventions, patents, improved diagnosis and treatment of disease, commercial partnerships, start-up companies and follow-on funding targeted toward these same outcomes.</li>
<li><strong>UNIQUE FEATURES</strong>: Distinctive aspects of the Coulter Program include the business assessment work that dovetails with technical milestones for each project and the semi-annual meetings of all Coulter Program Directors and BME Chairs from participating universities. These meetings bring together partner schools that work collaboratively to leverage expertise and networks, and to share best practices.</li>
</ul>
<p>Project selection and progression often involves market assessment, intellectual property, regulatory strategy, reimbursement, and product development activities. The program also relies heavily upon the Coulter Oversight Committee at Michigan for project selection, monitoring, and mentoring.</p>
<p>Endowments are available to all participating schools demonstrating outstanding performance and a sustainable translational research culture by the end of the program in 2011.</p>
<p> </p>
<p> </p>
<p><strong>Entrepreneurship Education Related to Economic Development</strong></p>
<p> </p>
<p><em>Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies</em></p>
<p><a href="http://www.zli.bus.umich.edu/">http://www.zli.bus.umich.edu/</a></p>
<p> </p>
<p><em>Business Development Projects</em>. Under the guidance of Professor Thomas Kinnear, the Institute provides access to capital, competitions, and other means of significant support and resources for students to take the knowledge learned in the classroom, build a business plan, and actually launch a business while earning their degree. In addition, the Institute works with other acclaimed University research units, such as the Medical Center and College of Engineering, to introduce students to new venture opportunities and to accelerate the commercialization process for University of Michigan ideas and technologies.</p>
<p> </p>
<p> </p>
<p> </p>
<p><em>Multidisciplinary Action Project (MAP) </em></p>
<p> As part of the core curriculum, Entrepreneurial projects are available to first-year MBA students. The seven-week program teams students with international incubators and domestic companies that have demonstrated a challenging business problem. Sponsors providing MAP projects view students' final recommendations as practical, professional and ready for implementation.</p>
<p> </p>
<p> </p>
<p><em>Dare to Dream Grant Program </em></p>
<p> Dare to Dream is a grant program that encourages students to move through the business creation process by offering business development seminars and $500 - $10,000 in funding. Within the program, students meet deadlines to produce deliverables that guide them through the business development path that includes shaping opportunities, formulating and assessing potential businesses, and planning and launching these businesses.</p>
<p> </p>
<p> </p>
<p><em>Michigan</em><em> Business Challenge Business Plan Competition</em></p>
<p> Following a long storied tradition, University of Michigan student teams test themselves in the campus-wide Michigan Business Challenge business plan competition. In addition, the Institute sponsors and supports motivated student teams to attend the nation's premier business plan, venture capital, and entrepreneurial case competitions. These events offer teams invaluable feedback; networking opportunities with venture capital, strategy, and finance professionals; access to capital with awards of up to $100,000, and real-time business development efforts.</p>
<p> </p>
<p> </p>
<p><em>Wolverine Venture Fund</em></p>
<p><a href="http://www.zli.bus.umich.edu/wvf/">http://www.zli.bus.umich.edu/wvf/</a></p>
<p> </p>
<p>The Wolverine Venture Fund (WVF) is a multi-million dollar venture capital fund operated directly out of the Ross School of Business at the University of Michigan, enabling entrepreneurs to realize their business dreams. The Fund invests with the active involvement of MBA students, faculty assistance, and an advisory board composed of professional venture capitalists and entrepreneurs. The WVF is the largest, most active University-based venture fund of its type in the country. The Fund's contributions have been featured in numerous professional publications, including Business Week.</p>
<p> </p>
<p>The WVF invests primarily in early-stage, emerging growth companies. The Fund typically provides $50,000 to $200,000 in seed and first-stage funding rounds in syndication with other venture capital funds and angel investors.</p>
<p> </p>
<p> </p>
<p><em>Center for Venture Capital and Private Equity Finance</em></p>
<p><a href="http://www.bus.umich.edu/cvp/">http://www.bus.umich.edu/cvp/</a></p>
<p> </p>
<p>The Center for Venture Capital and Private Equity Finance (CVP) oversees the finance and investment component of entrepreneurial studies at the Stephen M. Ross School of Business at the University of Michigan. CVP's initiatives include connecting the School’s entrepreneurial network to the financial community through its annual Michigan Growth Capital Symposium <a href="http://www.michigangcs.com/" target="_blank">www.michiganGCS.com</a>. The Center contributes to the full spectrum of entrepreneurial education and programs administered through the School's Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies.</p>
<p> The Center expands, leverages and disseminates its core knowledge of entrepreneurial finance, venture capital and private equity investment for the benefit of its constituent community. This community includes entrepreneurs; managers; investors; public policy makers whose decisions affect the entrepreneurship and equity investment environment; and university students, alumni and staff.</p>
<p> </p>
<p> </p>
<p><em>Frankel Commercialization Fund </em></p>
<p> </p>
<p>The Frankel Commercialization Fund (FCF) is a pre-seed investment fund established to identify and accelerate the commercialization of ideas generated within the University community and the surrounding area. The team adopts a hands-on approach to investing that leverages the talents and resources available at the Stephen M. Ross School of Business at the University of Michigan to make a real impact for the entrepreneur and the University. Its goals are to:</p>
<p> </p>
<ul>
<li>Identify and enable the commercialization of research and ideas originating within the University of Michigan community. </li>
<li>Create a financially self-sustainable process of research commercialization, by which exits from past investments fund future investments. </li>
<li>Provide hands-on business strategy assistance to the entrepreneur to help position them for success. </li>
<li>Enable an action-based educational experience for Ross MBA students in early stage company formation and evaluation. </li>
<li>Build excitement within the University community about the prospects of research commercialization. </li>
</ul>
<p> </p>
<p>The strength of the Frankel Fund is directly derived from the core team of Ross MBA students ("<a href="http://www.zli.bus.umich.edu/vc_pe/frankel_students.asp#student_bios">Frankel Fellows</a>"), selected for their depth of experience in health care and technology industries and their interest in early stage company formation. The Fellows are organized into two investment teams, one specializing in health care investments and the other on technology investments.</p>
<p> </p>
<p>Each Frankel team may invest up to $100,000 per investment (in multiple installments) to entrepreneurial ideas with great potential and a vision for the future. The teams are mentored by <a href="http://www.bus.umich.edu/NewsRoom/ArticleDisplay.asp?news_id=4925" target="_blank">Tom Porter</a>, the Fund's managing director and executive-in-residence at the Zell Lurie Institute.</p>
<p> </p>
<p> </p>
<p><em>Marcel Gani Internship Program</em></p>
<p> </p>
<p>The Marcel Gani Internship program helps a start-up and venture capital firms to hire Ross students for a 12-week hands-on work experience. This program gives Ross School of Business students the opportunity to develop their entrepreneurial skills while simultaneously accelerating the advancement of the host company. Students can pursue an internship in three different methods: a traditional placement, a student-initiated internship, or a self-hosted internship. The recommended minimum compensation for an internship is $1,100 per week.</p>
<p> </p>
<p> </p>
<p><strong>Economic Development/Outreach</strong></p>
<p> </p>
<p><em>Ann Arbor/Ypsilanti SmartZone</em></p>
<p> </p>
<p>The Ann Arbor/Ypsilanti SmartZone concentrates its efforts on growing small companies that are established and/or currently exist in the community. While remaining open to new technologies, the SmartZone focuses its efforts on industries with high potential for utilizing two or more of the area's historic competencies, which include: advanced manufacturing, alternative energies, information technology, small technology, life sciences and wireless technology. The SmartZone is also home to Ann Arbor SPARK (see description above. SPARK’s members represent the area's university, business, government, entrepreneurial, and community leaders. SPARK's services focus on building an innovation-focused community through continual proactive support of entrepreneurs, regional businesses, university tech transfer offices, and networking organizations. This SmartZone is supported by the Cities of Ann Arbor and Ypsilanti, in partnership with Ann Arbor SPARK, the University of Michigan, and Eastern Michigan University.</p>
<p> </p>
<p> </p>
<p><em>Business</em><em> Engagement Center</em><em> </em></p>
<p><a href="http://www.ns.umich.edu/htdocs/releases/story.php?id=6220">http://www.ns.umich.edu/htdocs/releases/story.php?id=6220</a></p>
<p> </p>
<p>The Business Engagement Center, provides one-stop shopping for businesses and industry researchers seeking university expertise. "Among its many functions, it serves as an information portal for the outside world, where people can go and immediately get connected, in a knowledgeable and proactive way, with faculty members who have expertise that might overlap with the needs of that company," said Stephen Forrest, U-M vice president for research.</p>
<p> The Business Engagement Center is part of the Office of the Vice President for Research's campus-wide effort to strengthen U-M ties to industry and to help resuscitate Michigan's economy. Individual U-M schools and colleges such as the College of Engineering already have similar programs in place, but it's never been attempted university wide. U-M officials studied what other universities are doing and borrowed ideas from several of them, including the University of Minnesota, the University of Southern California, MIT and Georgia Tech.</p>
<p> </p>
<p> </p>
<p><em>Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies</em></p>
<p><a href="http://www.zli.bus.umich.edu/">http://www.zli.bus.umich.edu/</a></p>
<p> </p>
<p>Extending its reach beyond the University, the Institute plays an active role in the management of several statewide initiatives, and supports regional entrepreneurial organizations that serve as a catalyst for economic development. The Institute's outreach efforts further enhance the student learning experience through symposia, internships, entrepreneurial clubs and organizations, and alumni events that serve to provide a viable entrepreneurial network and engage the business community.</p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
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[#value] => [<h2>University of Michigan- Ann Arbor</h2>
<p>Ann Arbor, MI 48109 • 734-764-1817</p>
<p><a href="http://www.umich.edu/">http://www.umich.edu</a></p>
<p> </p>
<p> </p>
<p><strong>Technology Transfer</strong></p>
<p> </p>
<p><em>Office of Technology Transfer</em></p>
<p><a href="http://www.techtransfer.umich.edu/">http://www.techtransfer.umich.edu/</a></p>
<p> </p>
<p>UM Tech Transfer is the University organization responsible for the transfer of University technology to the marketplace. Our organization consists of our central Office of Technology Transfer and one satellite office in the College of Engineering. Both offices work closely together to provide responsive, professional service to our inventors and industry partners. Our licensing staff share responsibilities between the central office and the satellite office to ensure a consistent interface for all your technology transfer needs.</p>
<p> </p>
<p>Our tech transfer team offers a full set of services to ensure effective technology transfer:</p>
<ul>
<li><em>Disclosure Facilitation</em> - Professionals in our school and central office work with researchers and faculty to provide advice about potential tech transfer issues during research activities and to assist in the invention disclosure process. </li>
<li><em>Patenting and Other Protections</em> - We provide guidance in planning an effective patent copyright or trademark strategy and handle all implementation details during the implementation stage. </li>
<li><em>Start-up Assistance</em> - We provide proactive assistance in analyzing potential opportunities to form a start-up with our UM technology and encourage this interaction during the early disclosure process. Our skilled New Business Development Staff also provide hands-on business assistance, project planning and links to funding and people resources. </li>
<li><em>Licensing</em> - We assist in technical and market assessments and actively market UM technologies to industry partners. We create secrecy, evaluation, material transfer, option and license agreements with these industry partners to effectively get our technology into commercial use. </li>
<li><em>Legal Support</em> - Our two full-time tech transfer staff attorneys, in partnering with the Office of the General Counsel, provide legal guidance and assistance for all of our UM Tech transfer activities. </li>
<li><em>Decision Support</em> - Our business support and administrative staff provide information and guidance to conduct our business and expedite decisions by internal and external partners. We also advise interested parties on UM policies & procedures including conflict of interest issues. </li>
</ul>
<p> </p>
<p><strong>Incubators</strong></p>
<p> </p>
<p><em>Ann Arbor SPARK</em></p>
<p><a href="http://www.annarborspark.org/">http://www.annarborspark.org/</a></p>
<p> </p>
<p>SPARK was formed by a group of entrepreneurial, university, business, government and community leaders who banded together to form an economic development and marketing organization for the greater Ann Arbor region. Its mission is to advance the economic development of innovation-based businesses in the Ann Arbor region by offering programs, resources, and proactive support to business at every stage, from start-ups to large organizations looking for expansion opportunities. Ann Arbor is the Address of Innovation™. Ann Arbor SPARK is committed to making that address known worldwide.</p>
<p> </p>
<p>U-M pledged up to $1 million over five years to support SPARK. Its goal is to double the number of technology companies and triple technology jobs in the region by 2010, making the greater Ann Arbor region a hub of entrepreneurial energy and a great place to work, live and create or grow a business. SPARK is aimed at high-tech companies built on innovation. That includes biotech, information tech, small tech, energy, advanced manufacturing and security.</p>
<p> </p>
<p>SPARK's staff of professionals will offer five primary services to new and emerging high-tech businesses and organizations: business acceleration, business outreach, talent development, early-stage funding, and regional marketing and events. SPARK will assist and leverage existing organizations to deliver these services with quality, highly effective resources.</p>
<p> </p>
<p>SPARK is planning two office-style incubators—one in downtown Ann Arbor and another in Ypsilanti—to nurture startup companies in a host of other fields. Altogether, SPARK is working with 31 businesses that have located or plan to locate in one of the three new business accelerators and many either have ties to university research or former Pfizer employees.</p>
<p> </p>
<p>Life Sciences Start-ups: U-M and SPARK, with the help of a $1 million state grant, have assumed Pfizer's lease of a 34,400 square-foot lab space at the Traverwood office park on Huron Parkway, north of Pfizer's main Ann Arbor campus. Plans are to fill the Pfizer Inc. facility with U-M researchers and four life sciences companies to create a new wet lab incubator.</p>
<p> </p>
<p> </p>
<p><strong>University-Industry Commercialization Programs</strong></p>
<p> </p>
<p><em>Ford-U-M Innovation Alliance</em></p>
<p><a href="http://www.ur.umich.edu/0607/Jun25_07/00.shtml">http://www.ur.umich.edu/0607/Jun25_07/00.shtml</a></p>
<p> </p>
<p>Ford formed a partnership with the University of Michigan in 2007 to develop innovative automotive technologies. The Ford-U-M Innovation Alliance teams more than a dozen U-M faculty members with some 20 Ford scientists and engineers to work on 10 projects. Historically, many U-M researchers have viewed industrial partnerships as less reliable and less stable long-term funding sources than federal grants from agencies like the National Science Foundation. Yet several changes are being implemented through the Office of Technology Transfer to increase the stability and appeal of industrial partnerships. For example, the University adopted a new technology transfer policy that provides greater rewards to faculty inventors. Under the new policy, inventors with an ownership stake in a company that licenses U-M-developed technology no longer are required to waive their share of University revenues from the licensee.</p>
<p> </p>
<p> </p>
<p><em>Medical</em><em> Innovation Center</em><em> </em></p>
<p><a href="http://www.med.umich.edu/ummic/index.shtml">http://www.med.umich.edu/ummic/index.shtml</a></p>
<p> </p>
<p>The mission of the Medical Innovation Center (MIC) is to foster innovation and enable new medical technologies by integrating clinicians, dentists, scientists, engineers, and business professionals through education and research to ultimately improve health. It is a unique partnership among the University of Michigan's schools and colleges, to be a catalyst for health innovations through education and collaboration.</p>
<p> </p>
<p>The MIC trains medical innovators who are equipped to differentiate themselves in the healthcare industry and academia to accelerate the transformation of promising discoveries into commercially viable products for the benefit of the institution, community, and society. The center offers an intensive multidisciplinary fellowship program, set apart by the vibrant environment created by the breadth and depth of expertise, resources, and collaborations across the University of Michigan campus.</p>
<p> </p>
<p>The MIC is committed to inspiring a culture of entrepreneurship and innovation throughout the university and beyond. It bridges the UM community to the broader entrepreneurial and life sciences community through partnerships with industry, investors, executives, regulatory consultants, and other professionals. MIC strives to establish sustainable, strategic partnerships with industry worldwide, bringing complementary strengths and capabilities to bear in impacting global healthcare and healthcare delivery.</p>
<p> </p>
<p><em> </em></p>
<p><em>Coulter Translational Research Partnership</em></p>
<p><a href="http://www.bme.umich.edu/research/coulter.php">http://www.bme.umich.edu/research/coulter.php</a></p>
<p>The proceeds of a grant from the <a href="http://www.whcf.org/">Wallace H. Coulter Foundation</a> are being used to support collaborative translational research projects that involve co-investigators from the Department of Biomedical Engineering (BME) and a clinical department.</p>
<ul>
<li><strong>GOAL</strong>: The goal of this program is to support collaborative research that addresses unmet clinical needs and leads to improvements in health care and to commercial products. </li>
<li><strong>EXAMPLES</strong>: Examples of desirable outcomes include inventions, patents, improved diagnosis and treatment of disease, commercial partnerships, start-up companies and follow-on funding targeted toward these same outcomes.</li>
<li><strong>UNIQUE FEATURES</strong>: Distinctive aspects of the Coulter Program include the business assessment work that dovetails with technical milestones for each project and the semi-annual meetings of all Coulter Program Directors and BME Chairs from participating universities. These meetings bring together partner schools that work collaboratively to leverage expertise and networks, and to share best practices.</li>
</ul>
<p>Project selection and progression often involves market assessment, intellectual property, regulatory strategy, reimbursement, and product development activities. The program also relies heavily upon the Coulter Oversight Committee at Michigan for project selection, monitoring, and mentoring.</p>
<p>Endowments are available to all participating schools demonstrating outstanding performance and a sustainable translational research culture by the end of the program in 2011.</p>
<p> </p>
<p> </p>
<p><strong>Entrepreneurship Education Related to Economic Development</strong></p>
<p> </p>
<p><em>Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies</em></p>
<p><a href="http://www.zli.bus.umich.edu/">http://www.zli.bus.umich.edu/</a></p>
<p> </p>
<p><em>Business Development Projects</em>. Under the guidance of Professor Thomas Kinnear, the Institute provides access to capital, competitions, and other means of significant support and resources for students to take the knowledge learned in the classroom, build a business plan, and actually launch a business while earning their degree. In addition, the Institute works with other acclaimed University research units, such as the Medical Center and College of Engineering, to introduce students to new venture opportunities and to accelerate the commercialization process for University of Michigan ideas and technologies.</p>
<p> </p>
<p> </p>
<p> </p>
<p><em>Multidisciplinary Action Project (MAP) </em></p>
<p> As part of the core curriculum, Entrepreneurial projects are available to first-year MBA students. The seven-week program teams students with international incubators and domestic companies that have demonstrated a challenging business problem. Sponsors providing MAP projects view students' final recommendations as practical, professional and ready for implementation.</p>
<p> </p>
<p> </p>
<p><em>Dare to Dream Grant Program </em></p>
<p> Dare to Dream is a grant program that encourages students to move through the business creation process by offering business development seminars and $500 - $10,000 in funding. Within the program, students meet deadlines to produce deliverables that guide them through the business development path that includes shaping opportunities, formulating and assessing potential businesses, and planning and launching these businesses.</p>
<p> </p>
<p> </p>
<p><em>Michigan</em><em> Business Challenge Business Plan Competition</em></p>
<p> Following a long storied tradition, University of Michigan student teams test themselves in the campus-wide Michigan Business Challenge business plan competition. In addition, the Institute sponsors and supports motivated student teams to attend the nation's premier business plan, venture capital, and entrepreneurial case competitions. These events offer teams invaluable feedback; networking opportunities with venture capital, strategy, and finance professionals; access to capital with awards of up to $100,000, and real-time business development efforts.</p>
<p> </p>
<p> </p>
<p><em>Wolverine Venture Fund</em></p>
<p><a href="http://www.zli.bus.umich.edu/wvf/">http://www.zli.bus.umich.edu/wvf/</a></p>
<p> </p>
<p>The Wolverine Venture Fund (WVF) is a multi-million dollar venture capital fund operated directly out of the Ross School of Business at the University of Michigan, enabling entrepreneurs to realize their business dreams. The Fund invests with the active involvement of MBA students, faculty assistance, and an advisory board composed of professional venture capitalists and entrepreneurs. The WVF is the largest, most active University-based venture fund of its type in the country. The Fund's contributions have been featured in numerous professional publications, including Business Week.</p>
<p> </p>
<p>The WVF invests primarily in early-stage, emerging growth companies. The Fund typically provides $50,000 to $200,000 in seed and first-stage funding rounds in syndication with other venture capital funds and angel investors.</p>
<p> </p>
<p> </p>
<p><em>Center for Venture Capital and Private Equity Finance</em></p>
<p><a href="http://www.bus.umich.edu/cvp/">http://www.bus.umich.edu/cvp/</a></p>
<p> </p>
<p>The Center for Venture Capital and Private Equity Finance (CVP) oversees the finance and investment component of entrepreneurial studies at the Stephen M. Ross School of Business at the University of Michigan. CVP's initiatives include connecting the School’s entrepreneurial network to the financial community through its annual Michigan Growth Capital Symposium <a href="http://www.michigangcs.com/" target="_blank">www.michiganGCS.com</a>. The Center contributes to the full spectrum of entrepreneurial education and programs administered through the School's Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies.</p>
<p> The Center expands, leverages and disseminates its core knowledge of entrepreneurial finance, venture capital and private equity investment for the benefit of its constituent community. This community includes entrepreneurs; managers; investors; public policy makers whose decisions affect the entrepreneurship and equity investment environment; and university students, alumni and staff.</p>
<p> </p>
<p> </p>
<p><em>Frankel Commercialization Fund </em></p>
<p> </p>
<p>The Frankel Commercialization Fund (FCF) is a pre-seed investment fund established to identify and accelerate the commercialization of ideas generated within the University community and the surrounding area. The team adopts a hands-on approach to investing that leverages the talents and resources available at the Stephen M. Ross School of Business at the University of Michigan to make a real impact for the entrepreneur and the University. Its goals are to:</p>
<p> </p>
<ul>
<li>Identify and enable the commercialization of research and ideas originating within the University of Michigan community. </li>
<li>Create a financially self-sustainable process of research commercialization, by which exits from past investments fund future investments. </li>
<li>Provide hands-on business strategy assistance to the entrepreneur to help position them for success. </li>
<li>Enable an action-based educational experience for Ross MBA students in early stage company formation and evaluation. </li>
<li>Build excitement within the University community about the prospects of research commercialization. </li>
</ul>
<p> </p>
<p>The strength of the Frankel Fund is directly derived from the core team of Ross MBA students ("<a href="http://www.zli.bus.umich.edu/vc_pe/frankel_students.asp#student_bios">Frankel Fellows</a>"), selected for their depth of experience in health care and technology industries and their interest in early stage company formation. The Fellows are organized into two investment teams, one specializing in health care investments and the other on technology investments.</p>
<p> </p>
<p>Each Frankel team may invest up to $100,000 per investment (in multiple installments) to entrepreneurial ideas with great potential and a vision for the future. The teams are mentored by <a href="http://www.bus.umich.edu/NewsRoom/ArticleDisplay.asp?news_id=4925" target="_blank">Tom Porter</a>, the Fund's managing director and executive-in-residence at the Zell Lurie Institute.</p>
<p> </p>
<p> </p>
<p><em>Marcel Gani Internship Program</em></p>
<p> </p>
<p>The Marcel Gani Internship program helps a start-up and venture capital firms to hire Ross students for a 12-week hands-on work experience. This program gives Ross School of Business students the opportunity to develop their entrepreneurial skills while simultaneously accelerating the advancement of the host company. Students can pursue an internship in three different methods: a traditional placement, a student-initiated internship, or a self-hosted internship. The recommended minimum compensation for an internship is $1,100 per week.</p>
<p> </p>
<p> </p>
<p><strong>Economic Development/Outreach</strong></p>
<p> </p>
<p><em>Ann Arbor/Ypsilanti SmartZone</em></p>
<p> </p>
<p>The Ann Arbor/Ypsilanti SmartZone concentrates its efforts on growing small companies that are established and/or currently exist in the community. While remaining open to new technologies, the SmartZone focuses its efforts on industries with high potential for utilizing two or more of the area's historic competencies, which include: advanced manufacturing, alternative energies, information technology, small technology, life sciences and wireless technology. The SmartZone is also home to Ann Arbor SPARK (see description above. SPARK’s members represent the area's university, business, government, entrepreneurial, and community leaders. SPARK's services focus on building an innovation-focused community through continual proactive support of entrepreneurs, regional businesses, university tech transfer offices, and networking organizations. This SmartZone is supported by the Cities of Ann Arbor and Ypsilanti, in partnership with Ann Arbor SPARK, the University of Michigan, and Eastern Michigan University.</p>
<p> </p>
<p> </p>
<p><em>Business</em><em> Engagement Center</em><em> </em></p>
<p><a href="http://www.ns.umich.edu/htdocs/releases/story.php?id=6220">http://www.ns.umich.edu/htdocs/releases/story.php?id=6220</a></p>
<p> </p>
<p>The Business Engagement Center, provides one-stop shopping for businesses and industry researchers seeking university expertise. "Among its many functions, it serves as an information portal for the outside world, where people can go and immediately get connected, in a knowledgeable and proactive way, with faculty members who have expertise that might overlap with the needs of that company," said Stephen Forrest, U-M vice president for research.</p>
<p> The Business Engagement Center is part of the Office of the Vice President for Research's campus-wide effort to strengthen U-M ties to industry and to help resuscitate Michigan's economy. Individual U-M schools and colleges such as the College of Engineering already have similar programs in place, but it's never been attempted university wide. U-M officials studied what other universities are doing and borrowed ideas from several of them, including the University of Minnesota, the University of Southern California, MIT and Georgia Tech.</p>
<p> </p>
<p> </p>
<p><em>Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies</em></p>
<p><a href="http://www.zli.bus.umich.edu/">http://www.zli.bus.umich.edu/</a></p>
<p> </p>
<p>Extending its reach beyond the University, the Institute plays an active role in the management of several statewide initiatives, and supports regional entrepreneurial organizations that serve as a catalyst for economic development. The Institute's outreach efforts further enhance the student learning experience through symposia, internships, entrepreneurial clubs and organizations, and alumni events that serve to provide a viable entrepreneurial network and engage the business community.</p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
]
[#title] => []
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[#printed] => [1]
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[#title] => []
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[#children] => [<h2>University of Michigan- Ann Arbor</h2>
<p>Ann Arbor, MI 48109 • 734-764-1817</p>
<p><a href="http://www.umich.edu/">http://www.umich.edu</a></p>
<p> </p>
<p> </p>
<p><strong>Technology Transfer</strong></p>
<p> </p>
<p><em>Office of Technology Transfer</em></p>
<p><a href="http://www.techtransfer.umich.edu/">http://www.techtransfer.umich.edu/</a></p>
<p> </p>
<p>UM Tech Transfer is the University organization responsible for the transfer of University technology to the marketplace. Our organization consists of our central Office of Technology Transfer and one satellite office in the College of Engineering. Both offices work closely together to provide responsive, professional service to our inventors and industry partners. Our licensing staff share responsibilities between the central office and the satellite office to ensure a consistent interface for all your technology transfer needs.</p>
<p> </p>
<p>Our tech transfer team offers a full set of services to ensure effective technology transfer:</p>
<ul>
<li><em>Disclosure Facilitation</em> - Professionals in our school and central office work with researchers and faculty to provide advice about potential tech transfer issues during research activities and to assist in the invention disclosure process. </li>
<li><em>Patenting and Other Protections</em> - We provide guidance in planning an effective patent copyright or trademark strategy and handle all implementation details during the implementation stage. </li>
<li><em>Start-up Assistance</em> - We provide proactive assistance in analyzing potential opportunities to form a start-up with our UM technology and encourage this interaction during the early disclosure process. Our skilled New Business Development Staff also provide hands-on business assistance, project planning and links to funding and people resources. </li>
<li><em>Licensing</em> - We assist in technical and market assessments and actively market UM technologies to industry partners. We create secrecy, evaluation, material transfer, option and license agreements with these industry partners to effectively get our technology into commercial use. </li>
<li><em>Legal Support</em> - Our two full-time tech transfer staff attorneys, in partnering with the Office of the General Counsel, provide legal guidance and assistance for all of our UM Tech transfer activities. </li>
<li><em>Decision Support</em> - Our business support and administrative staff provide information and guidance to conduct our business and expedite decisions by internal and external partners. We also advise interested parties on UM policies & procedures including conflict of interest issues. </li>
</ul>
<p> </p>
<p><strong>Incubators</strong></p>
<p> </p>
<p><em>Ann Arbor SPARK</em></p>
<p><a href="http://www.annarborspark.org/">http://www.annarborspark.org/</a></p>
<p> </p>
<p>SPARK was formed by a group of entrepreneurial, university, business, government and community leaders who banded together to form an economic development and marketing organization for the greater Ann Arbor region. Its mission is to advance the economic development of innovation-based businesses in the Ann Arbor region by offering programs, resources, and proactive support to business at every stage, from start-ups to large organizations looking for expansion opportunities. Ann Arbor is the Address of Innovation™. Ann Arbor SPARK is committed to making that address known worldwide.</p>
<p> </p>
<p>U-M pledged up to $1 million over five years to support SPARK. Its goal is to double the number of technology companies and triple technology jobs in the region by 2010, making the greater Ann Arbor region a hub of entrepreneurial energy and a great place to work, live and create or grow a business. SPARK is aimed at high-tech companies built on innovation. That includes biotech, information tech, small tech, energy, advanced manufacturing and security.</p>
<p> </p>
<p>SPARK's staff of professionals will offer five primary services to new and emerging high-tech businesses and organizations: business acceleration, business outreach, talent development, early-stage funding, and regional marketing and events. SPARK will assist and leverage existing organizations to deliver these services with quality, highly effective resources.</p>
<p> </p>
<p>SPARK is planning two office-style incubators—one in downtown Ann Arbor and another in Ypsilanti—to nurture startup companies in a host of other fields. Altogether, SPARK is working with 31 businesses that have located or plan to locate in one of the three new business accelerators and many either have ties to university research or former Pfizer employees.</p>
<p> </p>
<p>Life Sciences Start-ups: U-M and SPARK, with the help of a $1 million state grant, have assumed Pfizer's lease of a 34,400 square-foot lab space at the Traverwood office park on Huron Parkway, north of Pfizer's main Ann Arbor campus. Plans are to fill the Pfizer Inc. facility with U-M researchers and four life sciences companies to create a new wet lab incubator.</p>
<p> </p>
<p> </p>
<p><strong>University-Industry Commercialization Programs</strong></p>
<p> </p>
<p><em>Ford-U-M Innovation Alliance</em></p>
<p><a href="http://www.ur.umich.edu/0607/Jun25_07/00.shtml">http://www.ur.umich.edu/0607/Jun25_07/00.shtml</a></p>
<p> </p>
<p>Ford formed a partnership with the University of Michigan in 2007 to develop innovative automotive technologies. The Ford-U-M Innovation Alliance teams more than a dozen U-M faculty members with some 20 Ford scientists and engineers to work on 10 projects. Historically, many U-M researchers have viewed industrial partnerships as less reliable and less stable long-term funding sources than federal grants from agencies like the National Science Foundation. Yet several changes are being implemented through the Office of Technology Transfer to increase the stability and appeal of industrial partnerships. For example, the University adopted a new technology transfer policy that provides greater rewards to faculty inventors. Under the new policy, inventors with an ownership stake in a company that licenses U-M-developed technology no longer are required to waive their share of University revenues from the licensee.</p>
<p> </p>
<p> </p>
<p><em>Medical</em><em> Innovation Center</em><em> </em></p>
<p><a href="http://www.med.umich.edu/ummic/index.shtml">http://www.med.umich.edu/ummic/index.shtml</a></p>
<p> </p>
<p>The mission of the Medical Innovation Center (MIC) is to foster innovation and enable new medical technologies by integrating clinicians, dentists, scientists, engineers, and business professionals through education and research to ultimately improve health. It is a unique partnership among the University of Michigan's schools and colleges, to be a catalyst for health innovations through education and collaboration.</p>
<p> </p>
<p>The MIC trains medical innovators who are equipped to differentiate themselves in the healthcare industry and academia to accelerate the transformation of promising discoveries into commercially viable products for the benefit of the institution, community, and society. The center offers an intensive multidisciplinary fellowship program, set apart by the vibrant environment created by the breadth and depth of expertise, resources, and collaborations across the University of Michigan campus.</p>
<p> </p>
<p>The MIC is committed to inspiring a culture of entrepreneurship and innovation throughout the university and beyond. It bridges the UM community to the broader entrepreneurial and life sciences community through partnerships with industry, investors, executives, regulatory consultants, and other professionals. MIC strives to establish sustainable, strategic partnerships with industry worldwide, bringing complementary strengths and capabilities to bear in impacting global healthcare and healthcare delivery.</p>
<p> </p>
<p><em> </em></p>
<p><em>Coulter Translational Research Partnership</em></p>
<p><a href="http://www.bme.umich.edu/research/coulter.php">http://www.bme.umich.edu/research/coulter.php</a></p>
<p>The proceeds of a grant from the <a href="http://www.whcf.org/">Wallace H. Coulter Foundation</a> are being used to support collaborative translational research projects that involve co-investigators from the Department of Biomedical Engineering (BME) and a clinical department.</p>
<ul>
<li><strong>GOAL</strong>: The goal of this program is to support collaborative research that addresses unmet clinical needs and leads to improvements in health care and to commercial products. </li>
<li><strong>EXAMPLES</strong>: Examples of desirable outcomes include inventions, patents, improved diagnosis and treatment of disease, commercial partnerships, start-up companies and follow-on funding targeted toward these same outcomes.</li>
<li><strong>UNIQUE FEATURES</strong>: Distinctive aspects of the Coulter Program include the business assessment work that dovetails with technical milestones for each project and the semi-annual meetings of all Coulter Program Directors and BME Chairs from participating universities. These meetings bring together partner schools that work collaboratively to leverage expertise and networks, and to share best practices.</li>
</ul>
<p>Project selection and progression often involves market assessment, intellectual property, regulatory strategy, reimbursement, and product development activities. The program also relies heavily upon the Coulter Oversight Committee at Michigan for project selection, monitoring, and mentoring.</p>
<p>Endowments are available to all participating schools demonstrating outstanding performance and a sustainable translational research culture by the end of the program in 2011.</p>
<p> </p>
<p> </p>
<p><strong>Entrepreneurship Education Related to Economic Development</strong></p>
<p> </p>
<p><em>Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies</em></p>
<p><a href="http://www.zli.bus.umich.edu/">http://www.zli.bus.umich.edu/</a></p>
<p> </p>
<p><em>Business Development Projects</em>. Under the guidance of Professor Thomas Kinnear, the Institute provides access to capital, competitions, and other means of significant support and resources for students to take the knowledge learned in the classroom, build a business plan, and actually launch a business while earning their degree. In addition, the Institute works with other acclaimed University research units, such as the Medical Center and College of Engineering, to introduce students to new venture opportunities and to accelerate the commercialization process for University of Michigan ideas and technologies.</p>
<p> </p>
<p> </p>
<p> </p>
<p><em>Multidisciplinary Action Project (MAP) </em></p>
<p> As part of the core curriculum, Entrepreneurial projects are available to first-year MBA students. The seven-week program teams students with international incubators and domestic companies that have demonstrated a challenging business problem. Sponsors providing MAP projects view students' final recommendations as practical, professional and ready for implementation.</p>
<p> </p>
<p> </p>
<p><em>Dare to Dream Grant Program </em></p>
<p> Dare to Dream is a grant program that encourages students to move through the business creation process by offering business development seminars and $500 - $10,000 in funding. Within the program, students meet deadlines to produce deliverables that guide them through the business development path that includes shaping opportunities, formulating and assessing potential businesses, and planning and launching these businesses.</p>
<p> </p>
<p> </p>
<p><em>Michigan</em><em> Business Challenge Business Plan Competition</em></p>
<p> Following a long storied tradition, University of Michigan student teams test themselves in the campus-wide Michigan Business Challenge business plan competition. In addition, the Institute sponsors and supports motivated student teams to attend the nation's premier business plan, venture capital, and entrepreneurial case competitions. These events offer teams invaluable feedback; networking opportunities with venture capital, strategy, and finance professionals; access to capital with awards of up to $100,000, and real-time business development efforts.</p>
<p> </p>
<p> </p>
<p><em>Wolverine Venture Fund</em></p>
<p><a href="http://www.zli.bus.umich.edu/wvf/">http://www.zli.bus.umich.edu/wvf/</a></p>
<p> </p>
<p>The Wolverine Venture Fund (WVF) is a multi-million dollar venture capital fund operated directly out of the Ross School of Business at the University of Michigan, enabling entrepreneurs to realize their business dreams. The Fund invests with the active involvement of MBA students, faculty assistance, and an advisory board composed of professional venture capitalists and entrepreneurs. The WVF is the largest, most active University-based venture fund of its type in the country. The Fund's contributions have been featured in numerous professional publications, including Business Week.</p>
<p> </p>
<p>The WVF invests primarily in early-stage, emerging growth companies. The Fund typically provides $50,000 to $200,000 in seed and first-stage funding rounds in syndication with other venture capital funds and angel investors.</p>
<p> </p>
<p> </p>
<p><em>Center for Venture Capital and Private Equity Finance</em></p>
<p><a href="http://www.bus.umich.edu/cvp/">http://www.bus.umich.edu/cvp/</a></p>
<p> </p>
<p>The Center for Venture Capital and Private Equity Finance (CVP) oversees the finance and investment component of entrepreneurial studies at the Stephen M. Ross School of Business at the University of Michigan. CVP's initiatives include connecting the School’s entrepreneurial network to the financial community through its annual Michigan Growth Capital Symposium <a href="http://www.michigangcs.com/" target="_blank">www.michiganGCS.com</a>. The Center contributes to the full spectrum of entrepreneurial education and programs administered through the School's Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies.</p>
<p> The Center expands, leverages and disseminates its core knowledge of entrepreneurial finance, venture capital and private equity investment for the benefit of its constituent community. This community includes entrepreneurs; managers; investors; public policy makers whose decisions affect the entrepreneurship and equity investment environment; and university students, alumni and staff.</p>
<p> </p>
<p> </p>
<p><em>Frankel Commercialization Fund </em></p>
<p> </p>
<p>The Frankel Commercialization Fund (FCF) is a pre-seed investment fund established to identify and accelerate the commercialization of ideas generated within the University community and the surrounding area. The team adopts a hands-on approach to investing that leverages the talents and resources available at the Stephen M. Ross School of Business at the University of Michigan to make a real impact for the entrepreneur and the University. Its goals are to:</p>
<p> </p>
<ul>
<li>Identify and enable the commercialization of research and ideas originating within the University of Michigan community. </li>
<li>Create a financially self-sustainable process of research commercialization, by which exits from past investments fund future investments. </li>
<li>Provide hands-on business strategy assistance to the entrepreneur to help position them for success. </li>
<li>Enable an action-based educational experience for Ross MBA students in early stage company formation and evaluation. </li>
<li>Build excitement within the University community about the prospects of research commercialization. </li>
</ul>
<p> </p>
<p>The strength of the Frankel Fund is directly derived from the core team of Ross MBA students ("<a href="http://www.zli.bus.umich.edu/vc_pe/frankel_students.asp#student_bios">Frankel Fellows</a>"), selected for their depth of experience in health care and technology industries and their interest in early stage company formation. The Fellows are organized into two investment teams, one specializing in health care investments and the other on technology investments.</p>
<p> </p>
<p>Each Frankel team may invest up to $100,000 per investment (in multiple installments) to entrepreneurial ideas with great potential and a vision for the future. The teams are mentored by <a href="http://www.bus.umich.edu/NewsRoom/ArticleDisplay.asp?news_id=4925" target="_blank">Tom Porter</a>, the Fund's managing director and executive-in-residence at the Zell Lurie Institute.</p>
<p> </p>
<p> </p>
<p><em>Marcel Gani Internship Program</em></p>
<p> </p>
<p>The Marcel Gani Internship program helps a start-up and venture capital firms to hire Ross students for a 12-week hands-on work experience. This program gives Ross School of Business students the opportunity to develop their entrepreneurial skills while simultaneously accelerating the advancement of the host company. Students can pursue an internship in three different methods: a traditional placement, a student-initiated internship, or a self-hosted internship. The recommended minimum compensation for an internship is $1,100 per week.</p>
<p> </p>
<p> </p>
<p><strong>Economic Development/Outreach</strong></p>
<p> </p>
<p><em>Ann Arbor/Ypsilanti SmartZone</em></p>
<p> </p>
<p>The Ann Arbor/Ypsilanti SmartZone concentrates its efforts on growing small companies that are established and/or currently exist in the community. While remaining open to new technologies, the SmartZone focuses its efforts on industries with high potential for utilizing two or more of the area's historic competencies, which include: advanced manufacturing, alternative energies, information technology, small technology, life sciences and wireless technology. The SmartZone is also home to Ann Arbor SPARK (see description above. SPARK’s members represent the area's university, business, government, entrepreneurial, and community leaders. SPARK's services focus on building an innovation-focused community through continual proactive support of entrepreneurs, regional businesses, university tech transfer offices, and networking organizations. This SmartZone is supported by the Cities of Ann Arbor and Ypsilanti, in partnership with Ann Arbor SPARK, the University of Michigan, and Eastern Michigan University.</p>
<p> </p>
<p> </p>
<p><em>Business</em><em> Engagement Center</em><em> </em></p>
<p><a href="http://www.ns.umich.edu/htdocs/releases/story.php?id=6220">http://www.ns.umich.edu/htdocs/releases/story.php?id=6220</a></p>
<p> </p>
<p>The Business Engagement Center, provides one-stop shopping for businesses and industry researchers seeking university expertise. "Among its many functions, it serves as an information portal for the outside world, where people can go and immediately get connected, in a knowledgeable and proactive way, with faculty members who have expertise that might overlap with the needs of that company," said Stephen Forrest, U-M vice president for research.</p>
<p> The Business Engagement Center is part of the Office of the Vice President for Research's campus-wide effort to strengthen U-M ties to industry and to help resuscitate Michigan's economy. Individual U-M schools and colleges such as the College of Engineering already have similar programs in place, but it's never been attempted university wide. U-M officials studied what other universities are doing and borrowed ideas from several of them, including the University of Minnesota, the University of Southern California, MIT and Georgia Tech.</p>
<p> </p>
<p> </p>
<p><em>Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies</em></p>
<p><a href="http://www.zli.bus.umich.edu/">http://www.zli.bus.umich.edu/</a></p>
<p> </p>
<p>Extending its reach beyond the University, the Institute plays an active role in the management of several statewide initiatives, and supports regional entrepreneurial organizations that serve as a catalyst for economic development. The Institute's outreach efforts further enhance the student learning experience through symposia, internships, entrepreneurial clubs and organizations, and alumni events that serve to provide a viable entrepreneurial network and engage the business community.</p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
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