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...]

Ann Arbor Start-ups Compete in ‘World’s Largest Business Plan Competition’

TurtleCell won the People's Choice Award at AMIC Several companies that Ann Arbor SPARK provides entrepreneurial services to participated in the Accelerate Michigan Innovation Competition. Blaze Medical Devices, Ornicept, Patient Provider Communications, Plan Reaction, Showtown, TM3 and TurtleCell all vied for cash prizes in what’s been dubbed “the world’s largest business plan competition.” Helping start-ups accomplish more is something... [Read More...]

A2 Companies Give Their Business Pitches at the Accelerate Michigan Innovation Competition

Fourteen Ann Arbor region companies participated in the Accelerate Michigan Innovation Competition at the Westin Book Cadillac Hotel in Detroit. Three of these companies were finalists and received cash prizes. For the full list of winners, please visit http://www.acceleratemichigan.org. You can view their business pitches in the video below:  Read More →

Ann Arbor SPARK Incubator Clients Awarded $650,000 Business Funding

The Ann Arbor SPARK Foundation recently presented the winners of the Accelerate Michigan Innovation Competition with their cash awards.  The competition’s grand prize of $500,000 in cash was awarded to DeNovo Sciences and the competition’s $150,000 prize was awarded to Fusion Coolant Systems. DeNovo Sciences accepts their award at the Michigan Life Sciences Innovation Center. “DeNovo Sciences and Fusion Coolant Systems highlight how having... [Read More...]

Accelerate Michigan Innovation Competition Re-cap!

This past November, Ann Arbor SPARK staff participated in the Accelerate Michigan Innovation Competition (AMIC). AMIC is a 3-day business plan competition highlighting Michigan’s most innovative companies, most of whom are poised to create an immediate economic impact within our state. With this year being the second year of the competition, it was exciting to see how the competition has grown and the statewide attention it has gained.  We met... [Read More...]

Michigan Business Beat

The economic climate of Michigan is constantly changing. It can often be difficult to keep up with the current challenges facing the state. This why we are pleased to announce that SPARK’s CEO, Paul Krutko, will be a recurring monthly guest on the Michigan Business Beat radio show.  He’ll be bringing his 30 years of experience into conversations on economic opportunities in the region. The show is hosted by Chris Holman, and regularly highlights... [Read More...]

MichAGAIN Boston Attracts VCs

MichAgain's VC luncheon attracted attention to the state's growing companies What do you get then you put 15 high powered VCs in a room?  About $1 billion of capital to spend and a whole lot of interest in our entrepreneurial endeavors. Our first MichAGAIN Boston event was a ravishing success.  Our informal program was packed with dynamic speakers including our very own VC expert Skip Simms, as well as Ken Nisbet, head of U-M Tech... [Read More...]