Entrepreneurs, rejoice.

The University of Michigan's Ross School of Business and the College of Engineering have come together to announce a new joint venture accelerator program that will provide infrastructure, financial resources and mentorship to support early-stage ventures.

Image: The Ross School of Business, seen above, and the College of Engineering will come together to launch the Desai Family Accelerator to help fund and mentor startups. Melanie Maxwell | The Ann Arbor News