Life Science Company and Industry News Briefs

Life Science Funding Increases in Michigan

Posted by Jennifer Nieuwkerk on Wed, Jul 03, 2013

Eight small companies in Michigan have received $15 million in grants that will allow them to participate in research projects with leading universities in the state of Michigan. The grants were awarded in early 2012 and will continue over the next three to five years. Participating universities include Michigan State University, the University of Michigan, Wayne State University, Michigan Technological University, University of Michigan-Dearborn, Western Michigan University, plus the University Research Corridor. 

According to a Grand Rapids Business Journal article, the grant program will help put small firms in contact with the state of Michigan’s leading research universities, which will help to bring new technologies to fruition and commercialization.

“The usual model is that university researchers create intellectual property and then the university attempts to find a partner” for commercialization, said Mark Gurney, a Ph.D. from Caltech with an MBA from the Kellogg School of Management at Northwestern University. Gurney added that “in this case, it’s the opposite direction.”

Lab suppliers interested in marketing university lab equipment and increasing lab sales leads at Michigan life science marketing events may be interested in the latest NIH and NSF funding statistics for Michigan State University and the University of Michigan. In 2012, the NIH awarded Michigan State University $49.4 million in research funding, while the NSF gave the university $62.1 million in 2012.

The NSF projects awarded research funding at Michigan State University range across various life science research disciplines, including macrosystem biology, biological infrastructure, neural systems clusters, cellular dynamics and function, systematics and biodiversity science, plant genome research, systems and synthetic biology, genetic mechanisms, environmental biology, evolutionary science clusters, global systems science and molecular biophysics.

 

Michigan State University

Michigan State University

Image courtesy of Wikimedia Commons

 

The University of Michigan at Ann Arbor is one of the best-funded universities in the nation for life science research, as recent NIH and NSF research funding statistics suggest. In 2012, the NIH gave the University of Michigan $458.5 million in research funding. The funding has been awarded to various departments for life science research projects including anatomy and cell biology, biochemistry, biology, biomedical engineering, biophysics, biostatistics and microbiology. In addition to receiving NIH funding, the University of Michigan also received $80.3 million from the NSF in 2012.

From the statistics above, it’s clear that lab suppliers hoping to market university lab equipment and increase lab sales leads don’t want to miss out on getting to know the market at Michigan life science marketing events. Biotechnology Calendar, Inc. invites all biotechnology vendors and lab suppliers to network with science researchers, lab managers and purchasing agents at our next East Lansing BioResearch Product Faire™ Front Line Event on July 17, 2013 and our Ann Arbor BioResearch Product Faire™ Event on July 18, 2013.

Last year, our East Lansing BioResearch Product Faire ™ Front Line Event attracted 295 attendees, of which 39 were purchasing agents, professors and post docs, and 41 were lab managers. The visitors came from 32 different research buildings and 33 departments across campus. Last year’s Ann Arbor BioResearch Product Faire ™ Event hosted 486 visitors. Of the attendees, 148 were purchasing agents, professors and post docs, and 65 were lab managers. Those who attended came from 25 different research buildings and 67 departments across campus.

Biotechnology Calendar, Inc. is a full-service science research marketing and events-planning company that organizes life science marketing events at top research universities across the country. For more information on our East Lansing BioResearch Product Faire ™ Front Line Event and Ann Arbor BioResearch Product Faire ™ Event, or to view more funding statistics for Michigan State University and the University of Michigan, click on the buttons below. If you’d like to market your university lab equipment and increase lab sales leads at life science marketing events closer to home, we encourage you to view our 2013 calendar of events.

 

Get Michigan State University Funding Stats

 

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Tags: Michigan State University, University of Michigan, 2013, Michigan, MSU, UMich

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