UM: Business

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Xconomy reports on the inaugural Accelerate Michigan Innovation Competition, hosted this week at UM’s North Campus Research Complex. From the report: “There’s a lot at stake for the contestants. The top winner of the company portion of the competition will be awarded $500,000. And the 50 company semifinalists represent some of the best technology and life sciences startups from both Michigan and elsewhere. For example, the list includes Ann Arbor-based Compendia Bioscience, a provider of analytics software for cancer research, which has some of the largest drug makers in the world as clients.” [Source]