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In FY11, more University of Michigan technologies were licensed to companies than ever before.

U-M research spending in FY 2011 grew 8.5 percent over the previous year to $1.24 billion, continuing the long-term trend of steady growth in the university's research enterprise.

University of Michigan will now directly invest in its own start-up ventures.

The U-M Business Engagement Center manages relationships with over 1,000 companies.

U-M ranks among the nation’s top five research universities in spending, according to National Science Foundation statistics.

Industry sponsored research at U-M reached an all-time high of $62.5 million in FY10.

U-M Medical School researchers set new record in NIH funding: $368.7 million in FY10.

U-M Medical School's ranks among the top 10 medical schools in the nation in terms of NIH grants awarded.

The Michigan Initiative for Innovation & Entrepreneurship, conceived by U-M, brings together foundations, universities, and private-business resources to launch new startups.

U-M Tech Transfer licensed 11 new business startups in fiscal year 2011.

U-M faculty reported over 322 new inventions in fiscal year 2011.

In FY10 the Business Engagement Center had 235 new engagements with companies that had never before connected with U-M.

North Campus Research Complex,  purchased from Pfizer in 2009 for $108 million, is now filling with private tenants, as well as U-M units. The expanded research space is expected to create between 2,000 and 3,000 jobs in the next 10 years.

The Zell Lurie Institute has awarded more than $692,000 to 993 students in Dare to Dream grants for student start-ups since the program’s inception in 2002.

The $14.5 billion economic impact of the URC - Michigan State University, the University of Michigan, and Wayne State University  is up 10 percent from last year.

U-M has a multi-disciplinary dossier of some $6.6 million in research projects to examine the broad impact of plug-in hybrid electric vehicles.

U-M Tech Transfer recorded 101  agreements with industry, including 11 new business startups in FY11, creating opportunities for business expansion and job creation.

The Life Sciences Institute created the Innovation Partnership to bridge the critical funding gap between laboratory discovery and commercialization.

Health Media, a U-M startup with 140 employees, was acquired by Johnson & Johnson, one of the world’s largest and most comprehensive health care companies.

The U-M Phoenix Energy Institute provided $365,000 to help launch a web-based tool to assess the success of proposed solutions to the energy crisis.

The $3.5 million Wolverine Venture Fund of the Zell Lurie Institute, started in 1998, saw a five-fold return from laser eye surgery company IntraLase Corp., a U-M spinout.

The 1,000 Pitches Competition in 2010 received more than 3,000 ideas for new businesses, inventions, and non-profit organizations from students across the university.

The Robert H. Lurie Nanofabrication Facility has contributed an estimated $500 million to the state's economy.

TechArb is a student-run small business incubator that hosts 30 student entrepreneurs running 10 start-up companies.

U-M researchers are pioneering the use of sound waves on microfluidic devices as a means to achieve a truly portable lab-on-a-chip.

U-M students created a portable device to detect suicide bombs. The palm-size metal detectors work with a wireless sensor network.

"We have a mission to aid in economic development and growth, and reward entrepreneurs within the university.” - President Mary Sue Coleman.

The U-M Office of Technology Transfer encourages student entrepreneurship with intellectual property rules that promote new company formation.

The Frankel Commercialization Fund, a student-managed venture capital seed fund at the U-M Ross School of Business, invested $80,000 in Ann Arbor-based Accio Energy.

Entrepalooza, organized by the Zell Lurie Institute for Entrepreneurial Studies, is an annual daylong event to expose students to new-venture creation.

IRLEE now offers services to 85 communities and 132 firms in the Midwest, doubling its outreach to distressed communities since 2006.

A new position, associate dean for entrepreneurship, was created to champion the cause of entrepreneurship in the College of Engineering.

Faculty led U-M spinoffs Lycera Corp. and NanoBio Corp. obtained $36 million and $22 million respectively in venture funding.

U-M VP for Research Stephen Forrest is board chairman of Ann Arbor SPARK, the area's economic development authority.

Department of Energy awarded $19.5 million for U-M to create Energy Frontier Research Center for solar power.

The GM/U-M Institute of Automotive Research and Education is helping to reinvent the automobile through research into the next generation of high-efficiency vehicles.

U-M and DTE Energy are challenging teams from Michigan universities with $100,000 in prizes to develop business plans to bring new clean energy technologies to market.

U-M has been awarded over $300 million in stimulus funding through the American Reinvestment and Recovery Act.