LANSING, Mich. (AP) - Michigan is trying to boost its sagging economy by encouraging a new generation of entrepreneurs.
There's lots of room for improvement.
The state ranked just 27th nationally in the 2008 Kauffman Index of Entrepreneurial Activity, lagging behind most western states and national leader Georgia in the survey's measure of adults creating businesses each month. The report came out in April.
Michigan is poised to lose its 1 millionth job next year since its economy began its downward slide in mid-2000. The state is trying to rekindle the entrepreneurial spirit that made Herbert Dow, W.K. Kellogg, W.E. Upjohn and Henry Ford household names a century ago.
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