According to Entrepreneur Magazine, the many innovative partnerships between local businesses, the City of East Lansing and Michigan State University are jumpstarting business and creating a bright spot in a tough economic climate.
According to excerpts from the article:
In economically hard-hit Michigan, there’s at least one thing going right:
Michigan State University is pulling no punches in an effort to create and incubate new local business ventures.
The
MSU Product Center for Agricultural and Natural Resources is commercializing new food manufacturers. The
Lansing Area Economic Partnership is working with MSU-bred startups to find resources to keep them in the community. The
Prima Civitas Foundation, partly funded by MSU, is working to bring biotech and alternative energy projects to central Michigan.
MSU Technologies is a tech transfer office on steroids and — along with MSU Business Connect, which links businesses with local resources— is the anchor tenant in East Lansing’s new
Technology Innovation Center.
“The synergy between these initiatives is helping to improve the culture of innovation in the community,” says Tim Dempsey, director of planning and community development for East Lansing.
This is a community doing everything possible to jumpstart a new entrepreneurial vision for itself, and the university is its key power source.
Read the entire article here.
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