Stories indexed with the term ‘UM Center for Entrepreneurship’

Behind a graffiti-covered door, at the end of the alley next to the Michigan Theater and one floor below street level, a handful of entrepreneurs are working at all hours in some pretty unusual office space.

Under the umbrella of TechArb, a coworking space for University of Michigan students, 10 start-up technology companies have set up shop in 30,000 square feet of commercial basement space that has been vacant for years. With 18-foot ceilings, imposing columns and no natural light, there is feeling of total isolation from the hubbub of Liberty Street, just one story up. The seclusion allows the 30 entrepreneurs to focus intensely on building their businesses.

They’re hard at work because the clock is ticking. They’ve got the rent-free space for this summer, and this summer only. [Full Story]

It’s hard to know how many of the 200 or so students who attended Friday’s Entrepreneurship Hour lecture will become entrepreneurs. Maybe not the ones playing video games on their laptops or texting on their cellphones – but you never know.

Those who were listening to Christopher Ilitch and Doug Rothwell gleaned a fair bit of advice on what it takes to succeed, and on what some community leaders are doing to support entrepreneurs in southeast Michigan. [Full Story]