About MSU Foundation
The Michigan State University Foundation is a non-profit research foundation committed to serving Michigan State University’s strategic needs and beyond. As the premier land grant university in the nation, MSU and MSU Foundation work closely together in ensuring community and economic success.
Established in 1973, the MSU Foundation was created to advance MSU by supporting research, entrepreneurship, and placemaking as well as driving economic development through the commercialization of intellectual property created by its faculty, staff, and students.
Our mission is to connect cutting-edge researchers with the venture creation process. By bridging this gap, our team helps inventors thrive. Ideas become a reality with the support of our programs, investment, spaces, and community.
With our family of subsidiaries, our focus on technology commercialization and economic development is made possible. Spartan Innovations, Red Cedar Ventures, Michigan Rise, and University Corporate Research Park, are key partners in the Michigan State University Innovation Center along with MSU Business Connect and MSU Technologies.
MSU Foundation History
Founded by Dr. Clifton Wharton in 1973, the Michigan State University Foundation was organized to provide assistance to scientific investigation and research at MSU.
Barnett Rosenberg and Loretta VanCamp were crucial to the research and the discovery of cisplatin – the life-saving, cancer drug. The discovery was an essential piece of MSU and MSU Foundation’s history, generating $300M+ in royalties—resources eventually deposited within the MSU Foundation.
University Corporate Research Park opens in the summer of 1989. Linking the corporate and academic, the sprawling 113-acre site provides an opportunity for faculty to interact with their counterparts in private industry, an opportunity indispensable to recruiting and retaining first-rate faculty.
In December of 2018, McLaren Greater Lansing and Michigan State University broke ground on a collaboration to redesign and elevate health care.