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MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION
        50 YEARS OF IMPACT AND PARTNERSHIPS

        the health of the community. He cites the creation of
        Spartan Imaging in the new Izzo Family Imaging Center
        on campus, which Medrano says is the largest imaging
        center in the region with the latest imaging technology.

        Going forward, Medrano says
        the relationship between McLaren
        and MSU Health Sciences will
        allow the university to recruit
        higher quality candidates.

        “It will provide them an
        environment where they can                                                                                    StephenPlumbley/Tandem Studios
        do their residency program in a
        modern, efficient hospital with all   Medrano
        the normal specialty care that a
        community hospital should have,” said Medrano. “The
        quality of the students at MSU will be enhanced by the
        ability to have modern facilities and modern technology   In 2022, TechSmith opened its new corporate headquarters on
        available to them.”                                     land by the Research Foundation at MSU Spartan Village.

        When TechSmith opened its new corporate
        headquarters on the campus of Michigan State            opportunities in many scientific areas. The Research
        University in September of 2022, it marked a return to   Foundation will continue to support MSU by helping
        where the company began its journey 30 years ago. The   realize the value of research and partnerships and
        63,000 square-foot, two-story office building is located   helping to bring new technologies and new innovations
        on approximately five acres of land at the corner of    into the world. The Research Foundation has come
        South Crescent and Harrison Road, in East Lansing.      alongside MSU Health Sciences in the Grand Rapids
                                                                market and is starting to do the same in the Detroit
        The TechSmith building sits on property that is owned   area, particularly in support of MSU’s relationship with
        by MSU and leased to the MSU Research Foundation. The   Henry Ford Health System.
        MSU Research Foundation developed and owns the
        building. TechSmith relies heavily on MSU students for its   “I think we will also continue to build out a robust
        talent and the proximity to MSU was ideal.              innovation ecosystem in the Greater Lansing area,” said
                                                                Washburn. “We’ll see more and more startups and
        TechSmith CEO Wendy Hamilton says that many large       partnerships with existing companies and hospitals that
        universities have leveraged tech parks and public/private   want to come and work with the university.”
        partnerships to fuel innovation as well as regional
        economic growth in general. She also notes that many   “When I see where we have come from since 2011,
        tech firms right now are reconsidering their real estate   when we had this idea that entrepreneurial activity
        strategy and interested in satellite offices in locations   was something we wanted to lean into, we have made
        that are low-cost for commercial real estate while      huge progress,” said Cowen. “We support dozens of
        providing high value to the business.                   companies and we’ve invested millions of dollars. We
                                                                finished our first Red Cedar Opportunity Fund and
        “The value in this case is talent,”                     opened a second one. We continue to support a lot of
        said Hamilton. “Unemployment                            startup activity and branched out around the state.”
        remains low and the fight for talent
        is high. Tech firms who are located                     Cowen says he sees the Foundation continuing
        near the campus have better                             to grow and support more companies, more jobs and
        opportunities to recruit as well as                     growth in the Lansing area and around the University.
        better opportunities for innovative                     He hopes that will have a positive effect on MSU faculty.
        collaboration with all of MSU’s staff
        and faculty.”                                          “Compared to other universities, Michigan State still does
                                                                not get as much value from its own research dollars in
                                             Hamilton
        FUTURE VISION                                           terms of the number of startups as a Stanford or M.I.T.
        MSU is the second largest research institution in       would,” said Cowen. “I am not trying to say we’ll become
        Michigan. Washburn says MSU has a great number of       those two universities, but I would like us to see where

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