The University of Michigan generated 16 new startup companies and 433 new inventions during the fiscal year 2021-22.

“The morning of, I had an idea for a scrunchie shot,” said Chief Executive Officer Gaynor, who was a junior at the time. They sold their first Scrunchie Shots on campus at a deep discount in November ahead of the U-M vs. Michigan State game. Scrunchie Shot co-founders Justine Abbo (left) wearing Mojito, Catherine (middle) wearing Mojito, Heather Gaynor (right) wearing Shamrock Shooter. AdTo date, they have sold more than 300 units and e-commerce platform Shopify placed Scrunchie Shot in the top 6% of all stores that launched same week they did. Scrunchie Shot launched its St. Patrick's Day collection on Feb. 22, 2021.

DETROIT – Ever since he was a teenager, Orlando Robinson has been looking for ways to solve some of life’s dilemmas. I got products for days and days and days,” he said. I make it, and then from there comes my design for a production-grade product,” Robinson said. “We want to completely fund, a coding fund, in Detroit Public Schools, completely funded by us. All we want Detroit Public Schools to do is give us the students and the classroom,” he said.