With consumer sentiment continuing a downward trend, falling 14.4% in June according to the University of Michigan Surveys of Consumers, many companies are tightening their belts. Inflation is outweighing income growth. How will inflation impact your company’s bottom line and, if you are the tech talent, your cost of living?
With consumer sentiment continuing a downward trend, falling 14.4% in June according to the University of Michigan Surveys of Consumers, many companies are tightening their belts. Inflation is outweighing income growth. How will inflation impact your company’s bottom line and, if you are the tech talent, your cost of living?
The University of Michigan’s enormous research enterprise contributed $97 million to Michigan’s economy over the past fiscal year, according to University of Michigan News sources. This supported employment and business development statewide. The report comes from the Institute for Research on Innovation and Science, which explored how university research spending impacts the economy.
Entropy is generally regarded as a force of chaos or disorder in physics. but it’s entropy that researchers at the University of Michigan are using to harness and assemble nanoparticle crystals for future use in creating designer materials that could be used in high-tech applications from healthcare to materials science.
The University of Michigan Board of Regents has just approved the creation of a new Department of Robotics for the university, a first among the nation’s top 10 engineering schools. According to the University of Michigan, “The new department will define robotics as a discipline, teaching students the skills needed to help drive a rapidly expanding field.” This marks a first among top engineering schools around the U.S. by creating a full department to focus on the advancing field of robotics as its own discipline.
University of Michigan students and faculty have just launched a student-run investment fund focused on supporting early-stage climate tech companies.
Recent University of Michigan Ross School of Business Dare To Dream Grant recipients Shivani Kothari and Anne Goering had an idea: create an online service that helps engaged couples plan their wedding affordably with the assistance of a human wedding planner. The duo, both working on MBAs finished in 2020 and 2021, received the grant in Fall of 2020, and have already launched their startup.
During lockdown, Asalyxa Bio’s chief scientific officer Lola Eniola-Adefeso was one of the only people still working in Ann Arbor, where most work and scientific research was shut down to protect against the spread of COVID-19. Eniola-Adefeso was still working because she was one of a few scientists working on a treatment that could benefit the sickest COVID-19 patients, the ones who suffer from Acute Repiratory Distress Syndrome and cytokine storm. Eniola-Adefeso’s employer, new Ann Arbor biotech startup Asalyxa Bio, recently announced seed funding for its neutrophil targeting drug delivery technology to advance to first in-human trials next year. The tech can be used to target certain cells to treat Acute Repiratory Distress Syndrome, including the variety found in COVID-19 patients.
The University of Michigan School of Information is seeking organizations to host student projects in the 2020-2021 school year. Organizations from all industries – corporate, non-profit, governmental, health, and research institutions – that seek impact and access to high-caliber students are invited to propose a project.
Universities everywhere are trying to trim budgets and plan for virtual instruction in case of a second wave in the Fall 2020 semester, but where does that slack come from? In the case of schools where staff is at essential levels already or there are unavoidable cutbacks or furloughs, can software help remaining faculty and staff do more with less?
What is happening with the newest cohort of tech and life science startups spun out of intellectual property invented at the University of Michigan? We’ve heard in recent times that the university has poured resources into programs for students interested in turning inventions and software into startups rather than taking a traditional job after graduation, but it seems spotty which majors and areas of the university are involved beyond computer science. We recently were introduced to several new startups navigating the entrepreneurial process straight out of college, and wanted to bring you the story of one small company and how it navigated through the maze of startup development from within the academic environment. It’s just one path to entrepreneurship in a growing tech and startup scene in Michigan, but one that is often hidden behind closed doors.
