P&G deal is potential seed for research
A partnership between Procter & Gamble and Michigan\'s top research universities could spur interest from more powerhouse companies and attract more research dollars to the state, university officials said Thursday. The proposed agreement between Procter & Gamble, the world\'s largest consumer products company, and the University Research Corridor - Michigan State University, University of Michigan and Wayne State University - was announced in Gov. Rick Snyder\'s State of the State address Wednesday evening and is expected to be signed over the next month. The master agreement - which streamlines legal hurdles between the parties to fast-track future research - will eventually be expanded to include all of Michigan\'s 15 public universities, creating opportunities for students to learn from major corporations, Snyder said.
Wayne State actively reaches out to industry to work on research. Less than a year ago, WSU opened a business engagement office, said Judy Johncox, WSU associate vice president for technology commercialization. In fiscal 2010, Wayne State tallied $11.1 million in research grants from corporations, up $4.2 million from the year before.
http://detnews.com/article/20110121/POLITICS02/101210339/P&G-deal-is-potential-seed-for-research#ixzz1Bg1RxIYo