April 20, 2007

Updated Study Says Michigan Still Struggles to Grow Entrepreneurs

Michigan Technology News:
"The latest Small Business Foundation of Michigan's Entrepreneurship Score Card, released Monday, finds that Michigan last year lost ground in developing new, high growth job-creating entrepreneurial small businesses. The Score Card gives Michigan a 2006 grade of 'D-minus' for entrepreneurial dynamism, down from the 2005 'D' grade and edging closer to the failing 'F' grade that Michigan received for 2004.

The SBFM defines entrepreneurial dynamism as a composite measure of Michigan’s performance in entrepreneurial change, entrepreneurial vitality and entrepreneurial climate."

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