Business and Economy
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U-M reports record number of inventions in FY ’23
Research led by the University of Michigan generated a record 580 new inventions last year and launched 25 startup companies ranging in scope from innovative therapies for the treatment of fibrosis to technologies that aid in substance abuse monitoring.
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Senate testimony: AI risks to the financial sector
COE Professor Michael Wellman recently testified in front of the Senate Committee on Banking, Housing, and Urban Affairs to alert lawmakers to the potential dangers to security, safety, and equity posed by AI’s use in financial systems.
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As Medicaid continues post-pandemic ‘unwinding,’ U-M report cites benefits of expansion
At a pivotal time for Medicaid health coverage for Americans with low incomes, a report on the impacts of Michigan’s Medicaid expansion shows very positive effects, as well as opportunities for continued improvements.
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Athletes as entrepreneurs
With recent changes to NCAA rules, student-athletes now have the opportunity to earn income from their name, image, and likeness (NIL) through third-party deals. At U-M, members of the Zell Entrepreneurship Clinic are at the forefront of NIL work, helping student-athletes understand the laws and start their own businesses.
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Courage, competence, character, and … cookies!
Managing the financial well-being of some 2,000 Girl Scout troops in 34 Georgia counties is a challenging gig, but the job has a tasty fringe benefit, says Alantria Dixon, MBA ’09. ‘I do get free cookies.’
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Fermenta: Boosting equality in Michigan’s craft brewing industry
Soon after joining the brewing and spirits industry, Pauline Knighton-Prueter realized how few women were represented in the field. So she launched Fermenta, an advocacy group focused on education, scholarships, and more.
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U-M startup joins White House partnership to remove lead pipes
The water analytics company BlueConduit originated the approach of using machine learning to predict the location of lead pipes. By joining the Biden-Harris Get the Lead Out Partnership, the firm will multiply combined efforts to exponentially reduce risk to American families.
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Michigan Announces LEARFIELD Allied NIL Initiative for Brands
The University of Michigan and Michigan Sports Properties have announced they will incorporate LEARFIELD Allied, a first-of-its-kind initiative enabling brands to partner with universities and student-athletes to create co-branding opportunities around name, image, and likeness (NIL).
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Risky business in Ukraine: From ambulance driver to investor
For one unforgettable month this summer, Michigan Ross student Samuel Ashley helped raise $100K to buy and deliver ambulances to residents in war-torn Ukraine. Inspired by the citizens’ resilience, Ashley has since created a venture fund to support Ukrainian startups.