©2018 Michigan Economic Development Corporation

Michigan Economic Development Corporation Hosts State University Economic Development Summit

Friday, September 28, 2001

Jennifer Kopp
(517) 335-4590

MEDC Continues Partnership for Economic Progress with Presidents Council, State Universities

The Michigan Economic Development Corporation (MEDC), in collaboration with the President’s Council, State Universities of Michigan, announced today that they will host a University Economic Development Summit on November 28 at the University Club in Lansing.The summit is designed to provide a forum for state universities to explore their current and future role in the economic development of the state.

“This summit will offer the opportunity for state universities to explore new ways of partnering to foster economic development,” said Doug Rothwell, president & CEO of the Michigan Economic Development Corporation. “It is important for the university community, government and businesses to work together to facilitate smart economic development in the state.”

The summit will feature a number of speakers that have worked successfully to facilitate collaboration with state universities to promote technology transfer and improve the entrepreneurial climate.

Lou Tornatzky of the Tomas Rivera Policy Institute, (California), will serve as the keynote speaker.Tornatzky will discuss his findings in a study that he conducted with 15 major universities that are actively linked with state and local economic development.He will also discuss a report that he co-authored on what makes highly skilled students stay in the states where they were educated to help supply an abundant pool of high-tech workers.

The MEDC and the Presidents Council, State Universities of Michigan will present an overview of Michigan universities economic development activities including a benchmarking report, current tech transfer practices, activities focused on best practices and a report on student retention.

“The economic development summit is the culmination of a yearlong effort to develop closer ties between the public universities and the MEDC,” said Glenn Stevens, president of the Presidents Council, State Universities of Michigan.“It offers the public greater visibility of the contributions the public universities make to the state economy and to improving the economic outlook for the future."

The summit is expected to draw approximately 250 university and economic development professionals to Lansing from across Michigan.

The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.