Can state, local, and U-M efforts actively help start-ups "graduate" into successful, full-fledged companies? The combined efforts of SPARK's Michigan Life Science & Innovation Center and U-M's NCRC may be creating a factory pipeline.
"Now here’s where it gets interesting.
Lycera, a promising U-M drug spinout, will move from the innovation center to the NCRC, where it will occupy 14,000 square feet. Actually, Ann Arbor SPARK used the term “graduate”.
Why is this important? The NCRC and MLSIC are not mere acronyms or buildings but rather key components in an emerging system that previously didn’t exist in the state.
Think about it. The U-M develops technology and spins out a company. The innovation center nurtures the startup to point where it gets big enough to move into the NCRC. There, the company further develops, attracts more venture capital and collaborates on projects with the university."
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