Michigan called innovation model for California

Kalamazoo gets a shout out in a San Francisco Business Times story that says one venture capitalist thinks Michigan’s innovation could be a model for California.

CMEA Capital’s founder Tom Baruch says Michigan’s programs and policies are something California should take a look at. He likes the way Michigan protects its small businesses, provides tax breaks and provides worker training incentives.

Excerpt:

“(State government has) tends to be less antagonistic and more of what you might call ‘participatory’ in bringing together assets within the state, including the universities,” said Baruch, whose firm has bankrolled the likes of cleantech companies Codexis and Solyndra.

To read what Stephen Rapundalo, president and CEO of the life sciences trade group MichBio says about Baruch’s comments, read the rest of the story.

Source: San Francisco Business Times