Terumo CVS to Invest $4.9 Million in Ann Arbor Headquarters, Receives Ann Arbor SPARK and Scio Township Support

Terumo Cardiovascular Systems Corporation (Terumo CVS) has been awarded a 12-year property tax abatement by Scio Township for $4.9 million in investments for capital improvements at its Ann Arbor facility. Ann Arbor SPARK provided assistance to Terumo CVS in identifying and applying for the tax incentives. “Terumo CVS has been a part of the Ann Arbor region’s growing economy for several years; it’s exciting to support the next step in its evolution,”... [Read More...]

Arbor Networks to Add 20 Jobs in Ann Arbor

Arbor Networks recently announced that it plans to add 20 jobs at its location in Ann Arbor.  As part of its expansion, the IT technology security company was awarded a tax abatement to support property improvements and new equipment at its Ann Arbor facility. “Attracting and retaining Arbor Networks in the Ann Arbor region is reflective of Ann Arbor SPARK’s work to help IT businesses grow in the region,” said Paul Krutko,... [Read More...]

Presentation on state incentives and capital programs

On July 14 we will be presenting a program on the many programs funded by the state that put cash in the bank accounts of start-ups and early stage growth companies. When you look around at the incentives other states are providing technology and other innovative entrepreneurs you will be hard pressed to find one that has as many creative programs providing capital than Michigan.  We have programs for university based commercialization opportunities,... [Read More...]