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 an annual growth of 20 percent for the following three years. ... [Read More...]

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 reflective of Ann Arbor SPARK’s work to help IT businesses grow in the region,” said Paul Krutko,... [Read More...]

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 Wind,  H3D,  GPX Software, i3D Technologies Inc.,... [Read More...]

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 in this period of global recovery,” said Dennis Coleman,... [Read More...]

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

Sassa Akervall, COO of Akervall Technologies, and Skip Simms, senior vice president of Ann Arbor SPARK 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... [Read More...]

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 reveal the latest integrated marketing and customer satisfaction strategies for creating relationships... [Read More...]

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 headquartered in New York. Its office in Ann Arbor is focused on developing software... [Read More...]

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 its access to highly skilled, technical talent,” said Paul Krutko, Ann Arbor SPARK president... [Read More...]

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 of this population — are no different that the needs of high tech workers... [Read More...]

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 to tech-based start-up companies. “Ann Arbor SPARK is emerging... [Read More...]

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