The new accelerator was created from a dedicated fund that included a $5.4 million gift from Eleanor and Michael Pinkert.
Even as the stock market climbs to new highs, the bottom seems to be falling out of many E.V.
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.
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
The Ross School of Business ranked #3 in the world for its entrepreneurial MBA program.
Two recent University of Michigan graduate students are aiming to reinvent synthetic hair extensions without plastic, in a way that puts an invasive species to productive use.
While undergraduate students at Michigan Ross, Alex Lieberman (BBA '15) and Austin Rief (BBA '17) launched MorningBrew, a startup known for a popular email newsletter on business and finance.