Ann Arbor SPARK Supports Expansion of Toyota Technical Center

Toyota to Invest $32.5 million, Add 250 Jobs in Region Ann Arbor SPARK provided critical support to Toyota Technical Center in York Charter Township, Mich., throughout its process of securing incentives from the Michigan Economic Development Corporation that will help the company expand in the region. Toyota has committed to investing $32.5 million in expanding its Technical Center, where it will add 250 jobs in the next five years. “We greatly... [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...]

Universal Marketing Group Expands to Ann Arbor, Will Hire 150 by End of Year

Universal Marketing Group is opening a new call center in Ann Arbor, where the company expects to hire 150 by the end of the year.  The company, which is headquartered in Toledo, Ohio, was awarded $600,000 in incentives from the Michigan Economic Development Corp. to support its expansion in to Michigan. “Attracting a rapidly growing business like Universal Marketing Group to Ann Arbor is a huge win,” said Paul Krutko, Ann Arbor SPARK president... [Read More...]

Toyota Invests $28M in Ann Arbor Powertrain R&D Expansion

Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing, N.A.(TEMA), announced an investment of more than $28M to expand its powertrain operations at two facilities in Ann Arbor, Michigan. The new growth will support powertrain development capability, specifically in the areas of design, evaluation and calibration on new engine and transmission projects. Beefing up these three areas in Ann Arbor is just the latest... [Read More...]

Coyote Logistics locating in Ann Arbor, adding 125 new jobs View MEDC Social Networking RSS

Wednesday, August 14, 2013 LANSING, Mich. – The Michigan Economic Development Corporation today announced Michigan Strategic Fund approval of a $1 million Michigan Business Development Program incentive for Coyote Logistics to establish a new location in Ann Arbor, a project that will generate approximately $1.2 million in new private investment and add up to 125 new jobs. “Coyote Logistics is a national leader in logistics and transportation... [Read More...]

$2 Million Michigan Angel Fund Begins Investing in Early Stage Companies

The Michigan Angel Fund (MAF), a professionally managed equity fund focused on capital efficient early stage companies located in Michigan, recently closed the fund to new investors. MAF is a $2 million fund that, with more than 70 members, is the largest angel organization in Michigan. MAF has already made its first investment, in East Lansing-based BioPhotonics Solutions, a Michigan State University spin-out venture, producing technology that automates... [Read More...]

Lyons Consulting Group to Invest $1.1 million to Expand Ecommerce Business in Ann Arbor

Ann Arbor SPARK helped Lyons Consulting Group secure incentives valued at more that $300,000 from the Michigan Economic Development Corp and the City of Ann Arbor to support its expansion in the region. As part of its expansion, Lyons, an e-commerce strategy, design, development, hosting and support firm based in Chicago, Ill., will invest $1.1 million and create 30 new jobs in the Ann Arbor area. Lyons chose to expand in Ann Arbor over other locations... [Read More...]

Entrepreneurship Resources for Your First or Tenth Start-Up

Do You Already Lead a Business or Are You Considering a Start Up? Starting your own business is a big step, but one you don’t have to take alone. Utilize the power of our community for your best chance at success. If you currently own a business or are considering the possibility, here are some resources to consider:   UPCOMING PROGRAMS Annual Collaboration for Entrepreneurship (ACE), January 31 ACE is the place where Great Lakes region entrepreneurs... [Read More...]

Want to find new growth opportunities? The MMA & MEDC can help!

Written by Kyle DeBord, SPARK Business Development Manager The Michigan Manufacturers Association (MMA) and the Michigan Economic Development Corporation (MEDC) roadshow recently pulled into Weber’s in Ann Arbor to provide an update to MMA members on how they can find new growth opportunities through the MEDC’s recently launched Pure Michigan Business Connect program. Ann Arbor SPARK’s President & CEO Paul Krutko welcomed the group to the... [Read More...]

New Business Intelligence Service for Bioscience Companies Announced

MichBio, the statewide non-profit, bioscience industry trade association, announced today the launch of MichBio Intel, a new advanced service to help emerging bioscience companies with their product development planning and commercialization efforts. MichBio Intel will enable Michigan’s bioscience entrepreneurs and start-up companies to more readily obtain critical, industry-relevant business intelligence on a free or subsidized basis. The MichBio... [Read More...]

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