Ten Ann Arbor area companies approved for Company Formation Fund loans

$12 million Pfizer Asset Retention Fund program now committed Ten more Ann Arbor area companies were approved yesterday by the Michigan Strategic Fund board for very low interest loans aimed at keeping former Pfizer employees employed in the state. A total of 15 Ann Arbor companies are receiving loans. These companies received approval for a loan: GeneVivo, Integrated Nonclinical Development Solutons, International Discovery Sourcing Consultants,... [Read More...]

New Pool of Funds for Pfizer Assets

MSF Approves $8mm Fund The Michigan Strategic Fund met Wednesday and approved proposals from three economic development organizations, including Ann Arbor SPARK, to create a fund to be invested in companies, including start-ups, that will keep Pfizer employees in the state.  Ann Arbor, Kalamazoo and Holland will meet next week to work out the details regarding the eligibility and distribution of the funds $8 million.  The primary purpose of the... [Read More...]