Michigan has seen tough times in the past few decades. As car companies continue to infiltrate the American automobile market, the Big Three have taken hit after hit in terms of sales and job losses. With one industry tailing off, another one is rising: tech-based businesses.
Technology is one place where Michigan is surging. The fundamentals of tech-based businesses are perfect for the entrepreneurial spirit found in Michigan. With so many people out of work, entrepreneurs and business incubators are yearning to get business flowing again. These business men and women have turned to the internet to get their income back on track.
The tech industry in Ann Arbor, Michigan is at the forefront of this economic overall in Michigan. Due to the wealth of resources and enthusiasm fostered at 3 local universities, Ann Arbor is able to make ideas a reality. Many small drops of ideas and capital are turning into one big industry.
Because the resources for web-based businesses are relatively easy to acquire and utilize, small businesses are making a push in Ann Arbor and the country is taking notice. Many wonder how Ann Arbor can survive in one of the worst economic and business climates in the country. PBS aired a Newshour Special on the small city in December of 2009 that analyzed some of the great businesses and business people of Ann Arbor seeking this answer.
Time and time again, these researchers and inquirers found that the tech business is doing it’s part. Many small towns across the country can learn from the approach this small town in Michigan.
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