Wednesday, October 6, 2010

"New 'venture accelerator' coming soon to Michigan"

From Marketplace:
When the pharmaceutical giant Pfizer left Ann Arbor, Mich., more than three years ago, it left behind the equivalent of a small town: A collection of 30 buildings, including science labs, a water plant and drug factory, scattered across nearly 200 acres.

The former research park is on land that had been owned by the University of Michigan, so the university decided to buy it back and turn the facility into a kind of business incubator on steroids.

Listen to the rest of the story here.

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