Complex sentence: The Business Engagement Center was established at the University of Michigan in the fall of 2007 to strengthen the University's business and community partnerships while helping revitalize and diversify the state of Michigan's economy.
Split into simpler sentences: The Business Engagement Center was established at the University of Michigan in the fall of 2007. The goal of the organization was to strengthen the University's business and community partnerships and help revitalize and diversify the state of Michigan's economy.