Can Michigan be a hub for entrepreneurship? If so, it will go a long way toward retaining the talent that is currently studying on college campuses across the Great Lakes State. In fact, 89% of the students that we talked with during our recent research study said they would seek a place that is “friendly to entrepreneurs” when determining where they would live after college.
Well, here’s Michigan Radio (NPR affiliate with stations in Ann Arbor, Flint and Grand Rapids) featuring a story about college students who aren’t waiting until graduation to take a good idea and see if a business can be created from it.
That’s the idea behind TechArb, a University of Michigan program that aims to provide student entrepreneurs with the mentoring, workspace and, in a few cases, funding needed to start their own businesses.
Earlier this month, TechArb hosted its “Spring Showcase,” a chance for student startups to present their ideas and accomplishments during the past semester.
The TechArb office, along with a cavernous adjacent space underneath a campus parking structure, was filled with potential investors, mentors and other members of the local entrepreneurial community. Student teams were each given about three minutes and one Powerpoint slide to make their pitch.
Then came a buffet dinner and a lot of networking.
To read the full story, click here.