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Founded in 2008, the Center grew out of the University of Michigan College of Engineering's Committee on Entrepreneurial Environment and Programs (CEEPS), a group of faculty that released its recommendations in the report "Empowering Entrepreneurial Students." The Committee recognized that young innovators can help stimulate the state's economy. It also recognized that there were a large number of aspiring entrepreneurs already at the University of Michigan, but that these individuals were unconnected and did not feel empowered to pursue their entrepreneurial ideas. While the College already had entrepreneurial faculty, alumni, facilities, and corporate partners committed to inspiring and guiding young entrepreneurs, it was lacking a focal point capable of coordinating these resources. Thus, the Committee recommended the creation of a Center for Entrepreneurship within the College of Engineering.
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