Monday, November 16, 2020

Forbes Insights

Midwest Rising: Accelerating the New Tech Migration

From Detroit to Houghton and Ann Arbor to Grand Rapids, Michigan's startup ecosystem spans the entire state and covers a variety of industries.

Fields like life sciences, cybersecurity, mobility, logistics and artificial intelligence are richly represented in the Wolverine State's startup scene. Universities that serve as research powerhouses, coupled with its considerable investments in launching new startups from the ground up, have also helped the local startup scene thrive.

The Covid-19 pandemic has put considerable strain on virtually every industry. But how has Michigan’s growing startup scene fared during such an unprecedented climate? And which areas will drive its future? In this report, a partnership between the Michigan Economic Development Corporation (MEDC) and Forbes Insights, we assess what drives companies to Michigan and what challenges and opportunities lie ahead—based on the views and experiences shared in a survey of 505 executives and professionals from global enterprises.

Scroll through the full report here.

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