Ann Arbor SPARK Awarded $500,000 for Michigan Angel Fund

Ann Arbor SPARK has been awarded $500,000 from the Michigan Strategic Fund for continuation of the Michigan Angel Fund (I), and to establish the Michigan Angel Fund II. “The success of the Michigan Angel Fund shows that there’s a real need for this type of very early stage capital in the state, and a pool of investors that are interested in backing those startups,” said Skip Simms, Ann Arbor SPARK senior vice president and Michigan Angel Fund... [Read More...]

TurtleCell Graduates from SPARK Central Business Incubator to New Kerrytown Ann Arbor Office

 TurtleCell, creator of the first protective case for the iPhone 5 and 5s with retractable headphones, recently graduated from its incubator space in SPARK Central to a new office in Ann Arbor. Prior to SPARK Central, TurtleCell, which was founded by graduates from the University of Michigan, was incubated at TechArb. A video on Ann Arbor SPARK’s YouTube channel details TurtleCell’s expansion: The company’s new offices, located in Kerrytown,... [Read More...]

Ann Arbor SPARK, Washtenaw County and A2Y Chamber Launch Virtual Business Advisor

Free Online Tool Offers Business Assessment, Benchmarks and Education Ann Arbor SPARK, Washtenaw County, the A2Y Chamber of Commerce, and New Zealand-based QLBS have collaborated to launch the Virtual Business Advisor, a self-assessment tool that aims to assist entrepreneurs and early stage businesses as they work towards their next stage of growth. Ann Arbor SPARK was the catalyst for Virtual Business Advisor. In conjunction with QLBS, it developed... [Read More...]

Pillar Technology Expands in Ann Arbor, to Add 45 Jobs and Invest Nearly $2 Million

Pillar Technology, a business consultancy and software development company, is expanding its Ann Arbor workforce and moving into a new office on Liberty Street in downtown Ann Arbor.  Pillar employs software developers working on applications for clients around the Great Lakes region, North America, and the world. Ann Arbor SPARK worked with the company to secure state and local incentives that support the expansion. Pillar Technology’s expansion... [Read More...]

Ann Arbor SPARK Supports Mahindra GenZe, Company Expands to U.S. with New Vehicle Research and High Tech Manufacturing Facility

Ann Arbor SPARK’s efforts to attract high tech businesses to the region has resulted in Mahindra GenZe, a division of the multinational company Mahindra and Mahindra, choosing to locate in the City of Ann Arbor. Mahindra GenZe is designing and manufacturing a new technology vehicle here, at its first facility in the United States. As part of its expansion in Ann Arbor, the company is investing up to $2 million and creating 34 jobs related to vehicle... [Read More...]

TD Ameritrade, Thomson Plastics to expand in the Ann Arbor region

Two companies have chosen the Ann Arbor region for expansion, citing the region’s deep talent pool as the prime factor in their decision to grow here. TD Ameritrade and Thomson Plastics will invest $7 million in Ann Arbor, and are tapping in to this region’s talent pool to hire nearly 100 people. TD Ameritrade Holding Corporation (NYSE: AMTD), based in Omaha, Neb., plans to open a new technology center focused on advanced technology and innovation... [Read More...]

Algal Scientific Completes $3 Million Raise for Biotechnology Commercialization

NORTHVILLE, MICHIGAN, April 28, 2014 – Algal Scientific Corporation, a biotech developer and manufacturer of algae-based chemicals and a supplier of related technologies for the food and beverage industries, today announced that it has completed a $3 million financing led by Evonik Ventures, Formation8 Partners, and Independence Equity. “The completion of this funding allows us to begin the commercial scale production and sale of Algamune™,... [Read More...]

Greater Ann Arbor Region attracts $361 million in investment, 2,930 jobs

A campaign to attract businesses to the Greater Ann Arbor Region is yielding terrific results, including more than $361 million in new investment and the creation of 2,930 new jobs. Efforts to keep businesses in the Greater Ann Arbor Region, and help them grow here, have resulted in the retention of more than 1,200 jobs. “The Greater Ann Arbor Region collaboration is a great way to position our assets in the global competition for jobs and investment,”... [Read More...]

President and CEO of Ann Arbor SPARK Presents at National Summit on Autonomous Vehicles

Ann Arbor SPARK recently had the opportunity to participate in the Autotech Council’s summit on autonomous vehicles. The Autotech Council is a Silicon Valley-based organization focused on increasing the amount of innovation in the automotive industry. At the summit, Paul Krutko, president and CEO of Ann Arbor SPARK, shared the Ann Arbor region’s success in growing the autonomous and connected vehicle ecosystem. His highlights included the... [Read More...]

Hertz Alerts Wins Connected Vehicle Hackathon

Ann Arbor SPARK, in collaboration with Redwood City, California based NestGSV, recently hosted a connected vehicle hackathon. The Ann Arbor-based Hertz Alerts team won the Hertz challenge track grand prize, an Xbox One Titanfall Bundle, as well as the Ann Arbor grand prize of $10,000 of business acceleration services from Ann Arbor SPARK and a TK1 development platform from NVIDIA. During the 26-hour event, teams at SPARK Central and NestGSV solved... [Read More...]

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