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Accelerator celebrates $1 million in investment, opens 2019 applications

Dec 03, 2018 - Crain's Detroit Business

The Desai Accelerator is accepting applications for its 2019 summer cohort of startups and celebrating $1 million of investment since it started seed-funding small businesses in 2015.

The program, run by the University of Michigan's Zell Lurie Institute of Entrepreneurial Studies and Center for Entrepreneurship, has so far invested in 25 local businesses that make everything from infant warming blankets to neuroscience-based music discovery playlists.

The accelerator invested a total...