Stateside
4:54 pm
Thu February 27, 2014

Michigan Collegiate Innovation Prize encourages college graduates to launch start-ups in state

How do we keep our smart, energetic, bright college graduates from packing up and leaving Michigan?

One good way is by helping those with that entrepreneurial spirit to launch their start-ups in Michigan.

That's the idea behind a contest called the Michigan Collegiate Innovation Prize.

More than 81 teams from more than 16 colleges and universities around the state applied to be a part of the contest. At stake? More than $100,000 in prizes and intensive start-up training.

Amy Klinke with the U of M Center for Entrepreneurship in the College of Engineering is the contest director. Dr. Mark Keil is a pathology resident at the U of M Medical School, and he is a member of one of the winning teams. They both joined us today to discuss the experience.

Listen to the full interview above.