Business & Economy
Entrepreneurs target Detroit for opportunities
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By LACEE SHEPARD
Capital News Service
LANSING – Despite what appears to be a crumbling job market in Detroit and the city’s recent declaration of bankruptcy, local colleges are growing stronger entrepreneurial programs.
Detroit and surrounding areas are becoming home to more start-up businesses, especially on campuses. “The place it’s most obvious is on college campuses,” said Rob Fowler, president of the Small Business Association of Michigan. In a survey of 15 public universities, SBAM found there were more courses geared toward entrepreneurship than originally thought. According to Fowler, the unexpected information found in the survey was the amount of extracurricular student activity. “The big surprise was the student-led entrepreneur clubs or entrepreneurial gatherings, and even to the point of student companies and organizations of student-run companies,” Fowler said, “a lot more of that activity than any of us thought.”
Wayne State University has a strong entrepreneurial program that is made stronger by student organizations like Collegiate Entrepreneurs’ Organization.