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investment culture

The Baltia 747 at Willow Run Airport in 2014.
user Friscocali / FLICKR - HTTP://J.MP/1SPGCL0

It’s not the kind of aircraft you typically associate with Willow Run Airport.

Instead of the two seater plane or small charter jets, a Boeing 747 was parked there until last year.

It belonged to Baltia Airlines – the world’s oldest start-up airline – and it’s never taken a single passenger anywhere. The company once labeled itself as "America's newest airline."

The Baltia 747 at Willow Run Airport in 2014.
user veisha / Flickr - http://j.mp/1SPGCl0

Until last year, there was a Boeing 747 parked at Willow Run Airport, in Ypsilanti. It looked comically out of place—most the other planes are two-seaters used by the flight school, or small jets available for charter.

Here's a video of the plane at the Thunder Over Michigan Airshow at Willow Run in 2014:

Our "comeback" could use more women investors

Aug 17, 2015
Courtesy of Inforum

The Next Idea

“I never really thought about it that way.”

As someone who regularly judges start-up pitch competitions across Michigan, I tend to hear this phrase rather often from my male colleagues.

Flickr

The Next Idea

Michigan will never be the next Silicon Valley.

Michigan can't compete with the allure of the Coasts, or even Chicago, for the nation's best talent.

Michigan investors and politicians are too conservative to support true innovation.

Lindsey Smith/Michigan Radio

The Next Idea

Michigan’s economy is changing, and our state’s investment culture must change along with it. As we work to diversify by stimulating entrepreneurship, innovation and talent attraction, among many other things, more Michigan residents with money to invest must learn to see that betting on new local businesses is worthwhile, even if the potential for them to fail is high.