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Michigan State Launches Spartan Innovation to Support University Startups

May 30, 2012

Michigan State University (MSU) launched Spartan Innovations, a newly formed subsidiary of the MSU Foundation, to help its faculty and students form spin-off companies based on technology developed at the university. To achieve this goal, it will provide five key resources to increase the MSU startups including:

  • University-wide entrepreneurship education;
  • Student stipends to support participation in hands-on new business learning situations;
  • CEO mentors-in-residence to help manage new business startup projects;
  • Access to a network of external new venture investors; and
  • Gap funding to support the earliest stages of MSU technology development.

Spartan Innovations also will collaborate with MSU Technologies, the university's technology transfer office, MSU Business-CONNECT and regional partners to spur local entrepreneurship. Visit Spartan Innovations' website...

Michiganhigher ed, commercialization, entrepreneurship