[DetroitMan]

UM, Detroit chamber to collaborate on new Ann Arbor-to-Detroit innovation corridor

The idea, known as Innovate Michigan, was unveiled Thursday at the chamber's Mackinac Policy Conference. It's aimed at retaining skilled talent from Michigan universities in the state and securing financing for startups or other companies founded by researchers or university employees who are looking to commercialize their research or intellectual property.
"Our big vision is to set this table for a collaborative initiative that will encompass multiple entities across higher ed, the private sector, the civic sector, philanthropy to move this forward," said Sandy Baruah, CEO and president of the chamber. The university is spending $1 billion on bolstering innovation and economic development efforts over several years, Ono said, including initiatives already in the works such as the UM Center for Innovation in Detroit for which $250 million in new programming investments are planned in new certificate and degree programs "that will really contribute to talent in the state." Ono also highlighted the coalition UM has with Washtenaw Community College, General Motors Co. and others that are working to create a Semiconductor Center for Excellence in Michigan.
As part of this investment, Ono said UM is in the advanced stages of planning for a new innovation district on the north campus at the University of Michigan that will involve multiple research buildings, plus a campus hotel and conference center to provide space to host major national conferences and other large events.

https://www.detroitnews.com/story/busine...detroit-innovation-corridor/73902531007/