Seven Ann Arbor Companies Receive FastTrack Awards, Honored for Business Growth

Seven businesses in the region are winners of this year’s annual FastTrack awards.  The FastTrack awards recognize companies that have demonstrated consistent growth.  Several of the 2011 FastTrack award recipients were multiple year winners, demonstrating long-term business growth. Recipients of 2011 FastTrack awards were required to have revenue of at least $100,000 in 2007, with …

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Arbor Networks to Add 20 Jobs in Ann Arbor

Arbor Networks recently announced that it plans to add 20 jobs at its location in Ann Arbor.  As part of its expansion, the IT technology security company was awarded a tax abatement to support property improvements and new equipment at its Ann Arbor facility. “Attracting and retaining Arbor Networks in the Ann Arbor region is …

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Accelerate Michigan Innovation Competition Announces 53 Semi-Finalists

Semi-finalists for the $1 million Accelerate Michigan Innovation Competition were announced today.  The 53 semi-finalist companies will deliver their business pitches to investors on November 16-17 at the Ann Arbor-Ypsilanti Marriott at Eagle Crest for the chance to win cash and prizes. Ann Arbor area semi-finalists are Vinci Technology Corp, Current Motor,  ECO-Fueling,  Accio Energy,  Arbor …

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Ann Arbor SPARK Wins Excellence in Economic Development Award from the International Economic Development Council

We’re proud to have been recognized by the International Economic Development Council with an Excellence in Economic Development Award.  The award recognized the MichAGAIN campaign in the category of Human Capital for communities with populations of 200,000 – 500,000. “We recognize Ann Arbor SPARK for providing successful strategies to promote new standards in economic development …

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Akervall Technologies Repays $15,000 Michigan Microloan Fund Program Award

Akervall Technologies recently repaid its Michigan Microloan Fund Program award, making it the first microloan recipient to repay funding.  The company, whose work on the innovative Protech Dent™ mouth guard was also awarded phase I SBIR funding, repaid its $15,000 microloan in just 15 months, nine months before it was due. “Akervall Technologies is the …

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Live Event Streaming Kicks Off This Week!

We’re excited to kick off our live event Web streaming this week with three great events: Marketing Roundtable on September 13, BioArbor on September 14, and Deal Structures on September 15. The Marketing Roundtable, from 5:30-7 p.m., is on how to turn customers and stakeholders into advocates. Join consumer and business marketing experts as they …

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HookLogic Awarded $9.5M in Funding

HookLogic, the leader in e-commerce media, announced this week that it has been awarded a $9.5 million round of financing from Bain Capital Ventures. HookLogic will use the funding to further develop its unique Software-as-a-Service (Saas) platform and expand its business across the retail, travel and automotive sectors in North America and Europe. HookLogic is …

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Liebherr-Aerospace expands facility, adds 20 jobs

Liebherr-Aerospace, located in Saline, is adding 33,000 sq ft to its existing 100,000 sq ft facility.  As part of the company’s expansion, it will also add 15-20 new jobs.  This expansion will help the company accommodate increased demand for its services. “Liebherr-Aerospace is able to expand in the Ann Arbor region, in part, because of …

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Finding a Good Crop of Employees: NPR Offers Up Close Look at Michigan’s Agriculture Economy

A recent “Changing Gears” series on Michigan Radio explored Michigan’s agriculture economy.  In part five of the five part series, SPARK president and CEO Paul Krutko offers that “prospective workers want to take jobs in places where they know there are more jobs.” With his insight, Krutko explains that agriculture talent — and the needs …

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Ann Arbor SPARK Awarded $250,000 by U.S. Economic Development Administration to Develop Business Accelerator Model

Yesterday, the U.S. Commerce Department’s Economic Development Administration announced a $250,000 grant award to Ann Arbor SPARK.  The funding will support development of a business accelerator model that can be used by communities throughout the U.S. Initially, the model will be deployed in Washtenaw and Wayne counties, providing a full range of business development services …

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Hygieia Secures $1.5M in Capital to Accelerate Product Commercialization

Medical device firm Hygieia recently secured $1.5 million in investment capital from Oakwood Medical Investors, a physician-managed venture fund in St. Louis, Missouri. Hygieia has developed the Diabetes Insulin Guidance System (DIGS), a handheld device that helps insulin-takers effectively manage their diabetes. DIGS adjusts insulin dosage weekly, to help patients get better. The investment comes …

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Congrats to Lycera: Biotech Company Moves to U-M’s NCRC

Congratulations to Lycera on graduating from our Michigan Life Science & Innovation Center biotech incubator to U-M’s North Campus Research Complex (NCRC)!  The move will accommodate the growing company’s need for more space; in the fall, Lycera will move into 14,000 square feet at NCRC. Lycera, a biopharmaceutical company and University of Michigan spinoff, pioneers …

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Dexter Research & Axiobionics Expand in Ann Arbor, Create New Jobs

Axiobionics and Dexter Research are expanding in Ann Arbor with MEGA tax credits from the State of Michigan. approved today. Dexter Research, founded in 1977, is a leading global manufacturer of infrared thin-film thermopile and silicon detectors that are used in OEM products in the automotive, gas analysis, medical, military and defense industries.   The company …

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Three Ann Arbor Entrepreneurs Finalists for Ernst & Young Award

Three Ann Arbor entrepreneurs are Central Great Lakes region’s finalists for Ernst & Young’s annual Entrepreneur of the Year award: Michelle Crumm, president, Adaptive Materials Inc. Judy Ravin, CEO, Accent Reduction Institute L.L.C. Rich Sheridan, president, Menlo Innovations L.L.C. Winners will be announced at a gala event Thursday, June 11 at the Ritz-Carlton in Dearborn.  …

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Three Ann Arbor Companies Receive Support From Michigan Pre-Seed Capital Fund

Three more Michigan start-up companies have received investments from the Michigan Pre-Seed Capital Fund.  To date, 34 Michigan companies have received critical seed funding through the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s 15 SmartZones. •    White Pine Systems, sponsored by Ann Arbor SPARK, received $225,000.  White Pine Systems is an internet-based medical …

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Entrepreneur Boot Camp Applications Available

Ann Arbor SPARK’s Business Accelerator is now accepting applications for its next Entrepreneur Boot Camp, scheduled April 23-24. Teams interested in participating in the two-day business planning and preparation event must submit applications by March 30, 2009. For more info, check out http://www.annarborusa.org/start-ups/boot-camp/

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