By Jeff Karoub, U-M News Service FACULTY Q&A Steve Wilson When the full story is written about how the COVID-19 pandemic rocked industries and economies, small-to-mid-sized businesses will certainly encapsulate the struggle, endurance, resilience on a human scale. The University of Michigan’s Economic Growth Institute helps many such enterprises work through this [read more]
By Greta Guest, U-M News Service Original posting: https://news.umich.edu/retool-revive-u-m-helps-defense-manufacturers-pivot/ ANN ARBOR—As defense contractors throughout the Midwest lost work because of federal budget cuts, many were at a loss about what to do next, including Sean Hilbert, CEO of Cobra Aero, a rural manufacturer in Hillsdale, Michigan. Hilbert, whose main business is making [read more]
Blog post by ELP Student Hayley Vassallo (Business Administration | Class of 2021) Interning at the University of Michigan Economic Growth Institute Instead of working directly for a startup, I am helping the Economic Growth Institute decide which startups to invest in. A typical day consists of early stage startups coming in to pitch [read more]
Cavities are the great unifier. According to a comprehensive study by the Center for Disease Control and Prevention, 90% of adults in the U.S. have or have had a cavity, while 1 in 4 has untreated cavities. What if there was a way to simultaneously identify and treat cavities before they fully form? Dr. Steven Bloembergen, [read more]
Universities and federal laboratories are the cornerstones of American innovation, developing new products that address important societal issues and drive economic growth. The University of Michigan, with support from the U.S. Department of Commerce’s National Institute of Standards and Technology, studied public research universities across North America to identify best practices for bringing new [read more]
Former research associate Nour Arafat discusses her experience in product development with class. The Economic Growth Institute launched its first course this semester teaching students the fundamentals of how to evaluate a company and strategize its growth opportunities. Titled “Re-imagining companies”, the course is offered in partnership with the Center for Entrepreneurship. During the semester, [read more]
The Defense Manufacturing Assistance Program (DMAP) released final results demonstrating tremendous impact on business growth, innovation, and community resiliency. The Economic Growth Institute at the University of Michigan, along with its partners at Purdue University and The Ohio State University, collaborated to deliver critical support and services to companies and communities impacted by downsizing of [read more]
The Defense Manufacturing Assistance Program (DMAP) will present on business and diversification strategies at Automation Alley in Troy, Michigan. This free event is hosted by Automation Alley. [read more]
Michigan, Ohio and Indiana have lost more than 6,800 defense supply-chain positions in recent years—cuts spurred largely by the ending of two foreign wars and the current federal fiscal environment. Based on a successful pilot project, the U.S. Department of Defense’s Office of Economic Adjustment has awarded $8 million to U-M’s Institute for Research on [read more]
