President Mary Sue Coleman told a Washington, D.C., conference Wednesday that the university is constantly expanding its "campus culture of entrepreneurship."
At the sixth annual Presidents-Investors Summit, Coleman pointed to numerous examples of activities designed to help start new companies and encourage students and faculty to engage in business creation.
One such new program is the Michigan Investment in New Technology Startups. That program has funding of $25 million over the next 10 years dedicated to accelerating businesses that could contribute to the Michigan economy. The program invests in select venture-funded U-M startups — new companies built around inventions born in faculty members' labs.
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