Michigan’s University Research Corridor 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, according to the Embracing Entrepreneurship report released May 30 by the URC at the Detroit Regional Chamber’s Mackinac Policy Conference.
