ANN ARBOR—U-M Tech Transfer, the unit responsible for commercializing University of Michigan research discoveries and innovations, will create the Accelerate Blue Fund to provide seed capital to nascent U-M startup companies.
Creation of the fund was approved Oct. 17 by the U-M Board of Regents.
“There are enormous benefits to the university and our region in accelerating the growth of U-M startup companies and maintaining a vibrant startup ecosystem,” said Kelly Sexton, U-M associate vice president for research-technology transfer and innovation partnerships.
