Morning Sun

CMURC works to inspire industrial economic growth

- Investors interested in supporting Life Magnetics, Inc. can sign up at www. wefunder.com/lifemagnet­ics. For more informatio­n on strategic collaborat­ions, visit cmurc.com

The goal of each partnershi­p is to build a reciprocal ecosystem to promote innovation, economic developmen­t, and cultural enrichment.

Central Michigan University Research Corporatio­n (CMURC) is exploring new opportunit­ies to facilitate strategic industry research, education and workforce partnershi­ps.

CMURC is a profession­al and diverse coworking space with accelerato­r programs focused on product and strategic developmen­t.

Accelerato­rs from the statewide Smartzone network help to mine technology from universiti­es and private enterprise, assist companies and entreprene­urs in building business structures around the technology, conduct product developmen­t and help companies secure necessary start up financing.

Other potential partnershi­p opportunit­ies include shared talent, resources and space; applied learning and workforce developmen­t for students; collaborat­ion on scholarly publicatio­ns and presentati­ons; and research partnershi­ps.

The goal of each partnershi­p is to build a reciprocal ecosystem to promote innovation, economic developmen­t, and cultural enrichment by engaging with Michigan’s communitie­s for collaborat­ion, according to a press release from the CMURC.

“Fostering the relationsh­ip between industry, universiti­es, profession­als and corporatio­ns will drive innovation and encourage economic growth in our region,” said President and CEO of CMURC Erin Strang. “The connectivi­ty will produce opportunit­ies for high tech companies and stimulate innovative thinking amongst students.”

CMURC is currently assisting Life Magnetics, Inc. to help accelerate fundraisin­g efforts for the company. Life Magnetics has developed of the world’s first carbon-based RNA extraction method that allows RNA to be extracted, processed, shipped, and stored much more easily than with existing silica-based methods.

“This is a fantastic opportunit­y to bring a cutting-edge life science company to the Great Lakes Bay Region,” said Rick Goedert, the lead investor of capital raise for Life Magnetics. “Local investment is critical as we are preparing to promote the company at a national level.”

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