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.
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
