Filling the Scaleup Company Gap in Southeast Michigan

Scaelup companies drive economic growth around the world. Southeast Michigan is no different, with scaleup firms sitting at the core of the region’s economic renaissance. To explore the relationship between employment and scaleup firms, Endeavor Insight, in partnership with the New Economy Initiative (NEI), initiated an in-depth study of the region’s fastest growing entrepreneurs. We defined scaleup firms as companies with at least 10 employees and 20% or greater annual employment growth over the previous three years. In the process, we analyzed employment and company formation trends since 2007.