In preparation of speaking at the Michigan Tech Week (MTW) on October 12 and 13, I discovered so many connections to the University of Michigan (U-M) that I decided to dig into what powers U-M’s entrepreneurial success.
Seemingly everyone knows that the University of Michigan (U-M) is the world’s leading public research institution. What’s not as widely known is how Ann Arbor has a storied and growing entrepreneurship ecosystem that shows no signs of slowing down. From the pioneering machine vision, medical device, and digital manufacturing startups of the 1980s and 1990s to the groundbreaking pharmaceutical and medical device spinouts of the 2000s, and the cybersecurity leadership of the 2000s and 2010s into current-day, Ann Arbor and the broader U-M-affiliated entrepreneurial ecosystem continues to make a positive impact on the world.
While the University of Michigan has been formally educating students on entrepreneurship for decades, the region’s entrepreneurial ecosystem has notably ramped up in the last ten years and has effectively used its powerful alumni network to amplify its growth. I found that the university has more than 15 programs and centers in entrepreneurship and exceeds 30 entrepreneurial student organizations.