Small Company Innovation Program helps U-M start-ups

Wednesday, March 3, 2010 | Source: The Associated Press

More and more non-traditional ways are materializing to help local start-ups bridge the seed capital gap. One of the latest from the University of Michigan involves the Small Company Innovation Program and the $30,000 it recently awarded.

Excerpt:

Software that translates drawings of chemical compounds into standard notation is moving from a campus research project toward commercial application, with help from the University of Michigan.

Officials say it's part of a broader effort at Michigan to encourage a spirit of entrepreneurship on campus.

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