Accelerate Michigan is a strategic alliance between the URC and Business Leaders for Michigan (BLM), a business roundtable executives from the state’s largest job providers and universities, including the three URC universities.
By uniting research universities and business leaders, Accelerate Michigan℠ aims to place Michigan among the “Top Ten” states for accelerating economic transformation and cultivating entrepreneurism based on mutually beneficial values, investments and activities. According to the Michigan Turnaround Plan, Michigan has lagged the nation in job and economic growth for the past generation; the alliance will strive to accelerate Michigan back to the top.
In order to support a new and stronger economy for our state, Accelerate Michigan℠ constructed three pillars to build upon. The first pillar is based on changing our state’s culture, the second is based on increasing the availability of capital and the third is based on increasing collaboration. Each pillar is composed of three major actions. Together, these pillars will be the drivers of economic growth.
I think certainly there has been an uptick in entrepreneurship in the state, and I think a lot of that is owed to the URC getting more involved in economic development in the last 10 years.
The URC is an incredible asset for our industry, state, and citizens in terms of the scale of R&D conducted at its universities in critically important areas. Medical and healthcare discoveries with the potential to improve and save lives position Michigan as a top state for innovation in the life, medical and health sciences.
The University Research Corridor showcases Michigan’s world class universities, economic competitiveness, and scientific breakthroughs being made every day in our state. This innovative partnership is creating jobs, fostering relationships with all types of businesses, from our largest corporations to smallest entrepreneurial businesses, and driving innovation in all sectors of our economy.