Ann Arbor SPARK lands $1M to expand reach regionally
Ann Arbor SPARK has landed $1 million in funding from the Michigan Strategic Fund that will help the economic accelerator expand its reach across Washtenaw County. "This broadens the geography and the number of companies that we can serve," says Paul Krutko, president & CEO of Ann Arbor SPARK. The money will go toward creating the Washtenaw County Incubator Collaborative, which will help bring Ann Arbor SPARK's business incubator activities across the county. The idea is to help further the growth of tech-based start-ups and jobs across the county. Ann Arbor SPARK will partner with the MC3 Business Accelerator and the Michigan Research Institute to leverage the $1 million in state funding (and $722,500 in matching funds from the participating agencies) to create the the Washtenaw County Incubator Collaborative. The new partnership will focus on the medical device and defense industries as well as other high-growth industries in Washtenaw County. "We need to deal with regional solutions," Krutko says. Source: Paul Krutko, president & CEO of Ann Arbor SPARK Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
Ann Arbor SPARK has landed $1 million in funding from the Michigan Strategic Fund that will help the economic accelerator expand its reach across Washtenaw County.
“This broadens the geography and the number of companies that we can serve,” says Paul Krutko, president & CEO of Ann Arbor SPARK.
The money will go toward creating the Washtenaw County Incubator Collaborative, which will help bring Ann Arbor SPARK’s business incubator activities across the county. The idea is to help further the growth of tech-based start-ups and jobs across the county.
Ann Arbor SPARK will partner with the MC3 Business Accelerator and the Michigan Research Institute to leverage the $1 million in state funding (and $722,500 in matching funds from the participating agencies) to create the the Washtenaw County Incubator Collaborative. The new partnership will focus on the medical device and defense industries as well as other high-growth industries in Washtenaw County.
“We need to deal with regional solutions,” Krutko says.
Source: Paul Krutko, president & CEO of Ann Arbor SPARK
Writer: Jon Zemke
Read more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com.
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