Dearborn, Mich. – Yesterday, U.S. Representative John D. Dingell (D-MI15) visited the Venture Accelerator at the University of Michigan in Ann Arbor.  He met with the center’s leadership to discuss how the program is helping to encourage and develop start-up companies looking to take their innovative concepts to the marketplace. 

“University of Michigan’s Venture Accelerator is an outstanding example of how investments in research and development are encouraging researchers and investigators at the U-M to start their own companies here in Ann Arbor,” said Dingell.   “Supporting American innovation and small business development are key for our economic recovery.”

The Venture Accelerator is a business incubator, which offers development services to start-up companies for up to three years.  Select businesses in life-sciences, clean-tech, and technology ventures will build upon University of Michigan research to develop business models that foster innovative solutions from the laboratory to the marketplace.  

“Thanks to the National Institutes of Health, the National Science Foundation, and the Department of Energy Office of Science and other federal funding vehicles, more faculty, researchers, and investigators at the University of Michigan can execute their ideas and proposals,” said Dingell.  “The Venture Accelerator will help researchers and investigators make their research a reality.  I commend the University for this development and I look forward to the Venture Accelerator being the model for the rest of the state and the country in terms of what can be accomplished when universities foster and promote the innovation being done on their campuses.”

For his entire career, Congressman Dingell has been a steadfast defender of research and innovative education.  He continues to fight in the 112th Congress to ensure that American entrepreneurs not only make it in America, but also have the capacity to flourish and grow in the global economy through innovation, investment, and job creation.

 

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