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...]

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...]

Lakeside Software Opens New R&D Facility in Ann Arbor

Lakeside Software, a leader in business intelligence solutions for IT professionals, today announced the acquisition and opening of a new R&D facility in Ann Arbor, Michigan. This facility will be primarily utilized for product design and development, and will accelerate company growth by making it easier to hire top technical talent from the Ann Arbor metropolitan area. The new facility is fully operational and is located at 112 South Main Street... [Read More...]

SPARK’s Business Development Team Heads to San Jose

Greetings from San Jose! Ann Arbor SPARK’s Business Development team has arrived in California this week on a business and talent attraction trip surrounding the MichAGAIN campaign that is administered by the Michigan Economic Development Corporation. We are hosting three events during our stay in the San Jose area and have meetings set up with business leaders. Our team hopes to educate businesses about all the opportunities that are available... [Read More...]

MichAGAIN event in D.C. gathers large crowd

Some of the event organizers: LeRoy Newland, GE; Stefanie Ridenour, MEDC; Me; Valerie Furchi, GE; and John Hill, MSU      What do you get when you mix a handful of Michiganders and 125+ alums from the great state? An amazing night filled with networking, laughs, rivalry talk and memories. The Michigan Economic Development Corporation’s MichAGAIN Campaign was in full effect last night at Policy Lounge in Washington DC. The group of state and... [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...]

Lakeside Software to Expand with New Ann Arbor Facility

Lakeside Software will grow its software development operations in Michigan, with a new location in Ann Arbor and an expansion to its existing operations in Bloomfield Hills.  The company recently received a Michigan Economic Growth Authority (MEGA) tax credit totaling $731,244 to help encourage the expansion. Lakeside Software plans to invest $6.1 million to expand existing operations in Bloomfield Hills, as well as locate operations in Ann... [Read More...]

Three Companies Receive Combined $110,000 From Michigan Microloan Fund Program

Three Michigan companies recently received a combined total of $110,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.69 million. GreenSand Corporation, iQ-Telematics and MyBandStock Corporation received the funding to support commercialization of their core products. Since the Michigan Microloan Fund Program was established in July 2009, 42 companies have received over $1.6 million... [Read More...]

JAC Products Expands in Ann Arbor Region

Saline-based JAC Products received high-tech, five-year MEGA tax credits today to fund expansion in the Ann Arbor region.  JAC Products, which also has a location in Shelby Township, was approved today for MEGA tax credits totaling $572, 970 from the Michigan Economic Development Corporation and the State of Michigan. JAC Products is a leading tier 1 manufacturer of functional exterior automotive trim.  It is in the process of designing and developing... [Read More...]

Two Ann Arbor Companies Receive MEGA Tax Credits

NanoBio Corporation and Grand River Inc. received high-tech, five year MEGA tax credits on June 15th.  Both companies were approved by the Michigan Economic Development Corporation and the State of Michigan.  NanoBio is a privately-held biopharmaceutical company focused on developing and commercializing products for the prevention and treatment of infectious diseases.  They are committing to investing more than $1.4 million to expand its current... [Read More...]

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