Granholm Names Mroz to Investment Board

Governor Jennifer Granholm has named Michigan Tech President Glenn Mroz to a new state board created to make strategic investment decisions.

The Strategic Economic Investment and and Commercialization Board "will help make Michigan a breeding ground for innovation and turn cutting-edge research into thousands of high-paying jobs for our families," Granholm said.

The board was created in the 21st-century jobs package Granholm approved in November. It is responsible for allocating state funds for capital investments, commercial lending and commercialization development.

Board members represent various sectors contributing to Michigan's economic growth, including higher education, private industry, research and agencies focused on economic development. A. David Canter, senior vice president of Pfizer Global Research and Development, will chair the board.

Michigan Technological University is a public research university founded in 1885 in Houghton, Michigan, and is home to more than 7,000 students from 55 countries around the world. Consistently ranked among the best universities in the country for return on investment, Michigan’s flagship technological university offers more than 120 undergraduate and graduate degree programs in science and technology, engineering, computing, forestry, business and economics, health professions, humanities, mathematics, social sciences, and the arts. The rural campus is situated just miles from Lake Superior in Michigan's Upper Peninsula, offering year-round opportunities for outdoor adventure.