Program aims at retaining entrepreneurs, so far so good

Entrepreneur isn't the easiest word to spell. However, on the flip side, it's a lot easier spelling it than being one. So, to make it a little easier, and to retain these entrepreneurs here in Michigan, a program called MORE is making a push. The  program has granted 11 UM students five grand to pursue a wide range of ideas.

Excerpt:

The grants are part of the MORE Program, an organization founded in November 2007 to stop the loss of highly skilled college graduates to other states and promote entrepreneurship in southeast Michigan. Brian Balasia, a U-M graduate and founder of the Detroit-based medical records firm Digerati, started the program.

Balasia received a two-year, $355,000 grant from the U.S. Department of Labor that's part of a $5-million grant awarded for similar efforts throughout Michigan to spur entrepreneurship.

In May, Balasia, executive director Jessica Pfeiffer, and a number of area organizations hosted a job fair at U-M that connected hundreds of young entrepreneurs with small businesses in the state looking for talent.

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