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The original item was published from 11/10/2017 10:25:21 AM to 11/10/2017 11:33:14 AM.

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Posted on: November 10, 2017

[ARCHIVED] UM-Dearborn's iLabs Recognizes Midland for Entrepreneurial Climate

November 10, 2017 - The City of Midland has been recognized for its successes and efforts in contributing to Michigan’s entrepreneurial growth and economic development in the annual eCities study conducted by researchers at iLabs, University of Michigan-Dearborn’s Center for Innovation Research. The City of Midland was honored as a four-star community along with 183 other communities across the state.

“The City of Midland was founded by entrepreneurs who thought outside the box and weren’t afraid to take risks, and that entrepreneurial spirit is a driving force behind our community’s growth and success today,” said Midland Mayor Maureen Donker. “We are grateful to be recognized for our efforts and will continue to strive to create a business climate that encourages entrepreneurship and innovation in Midland.”

“While accounting for only about 15 percent of the cities and townships in Michigan, the 277 communities analyzed are home to nearly 70 percent of the population and 85 percent of the state’s commercial property,” iLabs Director Tim Davis said. “By analyzing these high-performing communities, our goal is to showcase what cities and townships are doing to spur growth and how we can continue to support their efforts in developing business and encouraging entrepreneurs.”

The eCities study analyzed publicly available data from 277 communities from 54 counties in Michigan. Researchers focused on the five-year changes in property values, community assets and tax rates, which can demonstrate the growth, investments and cost of doing business within the community. For example, over the five-year period, these communities increased their capital assets by an average of 2 percent per year by purchasing public safety equipment and improving sidewalks and other infrastructure.

 

The City of Midland will be recognized Tuesday, Nov. 14, during the eCities Panel Discussion, which will discuss how talent, business policy and access to capital have impacted community growth in Michigan. The panel, moderated by DBusiness Magazine and DBusiness Daily News editor R.J. King, will feature Beth Ardisana, CEO, ASG Renaissance; Antonio Luck, managing director, Endeavor Detroit; Anthony Tomczak,  chief procurement officer, DTE Energy; and Amelia Zamir, co-founder and principal of acquisitions, Method Development. The event is free, but registration through the UM-Dearborn College of Business website (umdearborn.edu/cob) is required.

The annual eCities research project, which began in 2007, previously used data supplied by the participants. This year’s shift to reviewing publicly available data was implemented to simplify the process for communities.

 

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About University of Michigan-Dearborn

Founded in 1959 with a gift of just over 200 acres of land and $6.5 million from the Ford Motor Company, University of Michigan-Dearborn is a metropolitan university serving southeastern Michigan, committed to excellence rooted in strong academics, innovative research and programming and civic engagement. The university has 9,100 students pursuing more than 100 bachelor’s, master’s, doctoral and professional degrees in liberal arts and sciences, engineering, business, education and health programs. A top-ranked university with faculty devoted to teaching and students committed to achievement, UM-Dearborn is shaped by its history of partnering with local leaders and communities, and is committed to finding solutions for the challenges that face the region.

 

Links:

List of all five-star communities:

http://www.umdilabs.com/sites/default/files/pdfs/eCities/5-star%20communities.pdf

List of all four-star communities:

http://www.umdilabs.com/sites/default/files/pdfs/eCities/4-star%20communities.pdf

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