Hyundai American Technical Center Inc. to Expand, Receives Support from Ann Arbor SPARK, MEDC

Ann Arbor SPARK, a public-private partnership whose mission is to advance innovation-based economic development in the greater Ann Arbor region, worked with Hyundai to help the company secure more than $2.5 million in new business development incentives from the State of Michigan and Superior Township.  The funding, which is subject to approval by the Michigan Strategic Fund, will be used by Hyundai to expand an environmental chamber for extreme... [Read More...]

Continuing to Grow Locally

Ann Arbor SPARK’s Business Development team promotes the region’s unique assets to advance the economy through the attraction and retention of innovative businesses selling goods and services globally. Through continuous relations with company representatives, our team identifies and coordinates programs and incentives that can assist companies in their growth plans. Below, we highlight some of the most recent investments announced around the... [Read More...]

Ann Arbor SPARK awarded $500,000 from the MEDC for SPARK East Incubator

Ann Arbor SPARK was recently awarded $500,000 from the Michigan Economic Development Corporation’s (MEDC) 21st Century Jobs Fund. The funding will support the Ann Arbor SPARK East business incubator. “MEDC support for Ann Arbor SPARK’s East incubator extends and enhances opportunities for start-ups throughout the region,” said Paul Krutko, president and CEO, Ann Arbor SPARK. “Business incubators play an important role... [Read More...]

Frankel Fund Makes First Investment

The U of M Frankel Commercialization Fund invests in Arbor Photonics I can only imagine how excited the students participating in the Frankel Commercialization Fund program at U of M must be now that they have made an investment.  The fund has been around for more than a year and the students came close to making two investments last spring but never closed.  Now, with an $85,000 investment in Arbor Photonics they have finished the investment process... [Read More...]