"It's a giant shift because Elon Musk is a giant personality.
CNBC Feature on Aurora Tights - Imani Rickerby (MHSA, ’21)
Applications for new businesses rose 20 percent last year, after languishing for a decade. Many newly minted founders attribute it to the pandemic.
The new accelerator was created from a dedicated fund that included a $5.4 million gift from Eleanor and Michael Pinkert.
Four companies have been accepted into the Desai Accelerator, an accelerator program for early-stage alumni startups at the University of Michigan in Ann Arbor.
Even as the stock market climbs to new highs, the bottom seems to be falling out of many E.V.
In the Great Recession of 2008 and 2009, business applications slumped.
Rashmi Menon, entrepreneur in residence at the University of Michigan's Ross School of Business, said mentorship exists, but not enough that targets underserved groups.
Past downturns, the New York Times reported, have produced American companies that went on to develop high profiles: Airbnb, Disney, General Motors, Hewlett-Packard, Microsoft, Slack, Uber, and Ven
by: Stewart Thornhill, Executive Director at The Zell Lurie Institute for Entrepreneurial Studies