Ann Arbor

Businesses plan to innovate with Ann Arbor Region Success Strategy

A large group of prominent Ann Arbor locals have transformation on the mind.Dozens of leaders (in excess of 70) from local businesses, governments, non-profits and other institutions are working on the new Ann Arbor Region Success Strategy. The idea is to change Ann Arbor into a center of innovation in the mold of Silicon Valley or Research Triangle Park.But doesn't the Ann Arbor area already enjoy that reputation? Global economic powerhouse Google set up its AdWords headquarters here. Local start-up HealthMedia just sold itself for a huge chunk of change to Johnson & Johnson, which plans to grow it even more here. This is still the home of one of the top research universities in the world – the University of Michigan.Yes and no, according to Jeff Irwin, chair of the Washtenaw County Board of Commissioners and one of six co-chairs of the initiative."There is more we can do and we can build on the things we have," Irwin says. "We can also build on our opportunities to make sure Ann Arbor and Washtenaw County is the place where innovation happens."The strategy is rolling out a plan to increase job opportunities for locals residents and students, pump up demand for local products and services, create new revenues for local arts, culture and social needs. And of course it wants to help make the local community richer.It plans to do that by growing and grooming the next generation of local leaders, locating capital for start-ups, creating synergies to make the local K-12 education systems world-class and marketing the area's distinct culture.Some of 70 local leaders will be presenting the plan to local groups over the next few weeks with the idea of getting everyone on the same page about moving the area forward. Source: Jeff Irwin, chair of the Washtenaw County Board of Commissioners and one of six co-chairs of the Ann Arbor Region Success StrategyWriter: Jon Zemke

Compendia Bioscience lands $3 million VC, plans to create 20 new jobs

Compendia Bioscience plans to use $3 million in newly acquired venture capital to create another 20 jobs in Ann Arbor, more than doubling its current staff.Most of that $3 million, $1.75 million of it, comes from Michigan's 21st Century Jobs Fund. The rest is matching funds the bio IT firm has raised on its own.Compendia Bioscience, only 2 years old, has established itself as a leader in research-centric software development. Its products help researchers sift through mounds of biological data, enabling them to find answers to clinical questions quicker. The company counts 12 of the Top 20 cancer biopharmaceutical firms and more than 12,000 academics as customers. Compendia Bioscience's Oncomine product is now an important tool for cancer researchers in both academia and drug development companies. The company hopes to expand this platform for research on other diseases and use it to develop intellectual property. Source: Michigan Economic Development Corporation and Compendia BioscienceWriter: Jon Zemke

U-M fuses business and art to create new graduate degree

Students at the University of Michigan pursuing their masters of fine arts don’t traditionally mix with MBA students. That’s about to change now that the university has created a new program that combines the two programs.U-M students in either the Ross School of Business or the School of Art & Design will have the option of receiving a dual degree from both schools by participating in the new four-year program. The idea is to create graduates who have mastered the fundamentals of business but have also developed their creative side (or vice-versa) so they can go after the innovating jobs of the 21st Century."Business students must learn to be innovative in responding to challenges, and creative in solving problems," says Valerie Suslow, associate dean of the Ross School of Business. "Learning design principles and understanding the evolution of creative work gives business students insight into marketing, product design and organizational behavior."The university plans to start the program in the fall of 2009 and is taking applications for it now.Source: University of MichiganWriter: Jon Zemke

Video Adaptive Materials

By any measure Adaptive Materials is exactly the kind of  green collar company Ann Arbor wants. Innovative, well-funded and ambitious, this fuel cell technology company is a model for our region's economic transformation.

SRT Solutions doubles HQ space in Ann Arbor, adds 8 people

SRT Solutions is doubling the office space in its Ann Arbor headquarters now that it has nearly doubled its staff over the last six months.The software firm has taken on more and more work from General Motors and the University of Michigan. That has led to eight new employees in the last half year, bring the company's total headcount to 18. The local start-up plans to continue expanding its staff at the same rate as it grows its client list. That means at least two more people early next year and as many as five new hires by the end of 2009."We just hired a sales person," says Dianne Marsh, co-founder of SRT Solutions. "Before we got all of our sales through word of mouth."Marsh and Bill Wagner founded SRT Solutions from their homes in 2000. They moved into downtown office space last year. SRT Solutions helps businesses get software projects done on time and right the first time. Among its products are custom technology analysis, proof of concept development and software development. Source: Dianne Marsh, co-founder of SRT SolutionsWriter: Jon Zemke

Local life sciences industry puts on strong showing at MichBio Expo

Michigan's life sciences industry recently flexed its muscles with the 4th-annual MichBio Expo.Five hundred bioscience professionals and dozens of exhibitors attended the event in Novi. Sixteen companies presented their products and business plans to an audience of venture capitalists and angel investors. It's things like these that makes Stephen Rapundalo, president and CEO of MichBio, think there is a direct correlation between things like the expo and local business creation. "The expo is absolutely critical for fostering business opportunities for a variety of companies," Rapundalo says. "It's also a great networking opportunity where a lot of businesses emerge." At first this year's expo didn't look like it was going to be as successful as previous ones. The economy and dour mood in business left Rapundalo and other organizers thinking it might not hit the just under 500 average. But those doubts proved to be misguided when the more than 500 attendees showed up. "There was a mad rush at the last minute," Rapundalo says. A number of local businesses and entrepreneurs received awards. John D. Schwartz, CEO of AI Medical Devices, won the first Innovator of the Year Award. Ann Arbor's Accuri Cytometers took home the Good to Great Award for making the biggest leap forward in business.A number of local students and teachers also took part in the expo's lectures and demonstrations. Next year's expo is set to take place in Kalamazoo.Source: Stephen Rapundalo, president and CEO of MichBioWriter: Jon Zemke

GM to send 50 engineers to U-M to develop electric car technology

The University of Michigan and General Motors have long been bastions of innovation, often by working together. Now the two institutions are ratcheting up their cooperation as GM sends more of its engineers to U-M to develop the next generation of electric cars."This is a big problem," says Ann Marie Sastry, director of the Energy Systems Engineering Program at the University of Michigan. "Electrification of the vehicle is a paradigm change. It affects every system in the vehicle."Which means scores of automotive engineers are going to have relearn how to do their jobs. It’s an even bigger priority at GM, which is betting a lot of its future success on game-changing vehicles like the plug-in Chevrolet Volt. For now GM will send 50 of its top engineers to U-M to complete their master degree in engineering while working full-time at the auto-maker. They will specialize in energy systems engineering. The whole process is expected to take 4.5 years."We need a methodology to retrain our workforce," says Bob Kruse, executive director of global vehicle engineering for hybrids, electric vehicles and batteries for GM.Not that GM has been slouch in that department. Sastry points out that GM’s continuing education programs are routinely the benchmark for the corporate world with firm’s like Microsoft taking meticulous notes on them.The first cohort of engineers will start in January. A second cohort of a size to be determined will begin next fall. Both Sastry and Kruse see many more of GM’s engineers going into the program for the foreseeable future."The only vector is up," Sastry says. "I think this will not only grow but there will be imitators."Source: Ann Marie Sastry, director of the Energy Systems Engineering Program at the University of Michigan and Bob Kruse, executive director of global vehicle engineering for hybrids, electric vehicles and batteries for GMWriter: Jon Zemke

Bgreen looks to make greenbacks selling green products in Ann Arbor

Tucked away in a small retail space next door to the Colonial Lanes bowling alley is the newest environmental feather in Ann Arbor's cap – Bgreen.Daniel Stephens, of Ethnic Creations fame, started putting the business together about six months ago before opening in November. Now his new store sells environmentally-friendly home building and cleaning products, such as Low-VOC paint.Stephens has been a retailer for about 20 years (his Ethnic Creations store is still open in Petoskey). The Ann Arbor resident has worked in the environmental movement for year and was looking for a new product mix. He put two and two together and came up with Bgreen."We try to be very comprehensive and we're growing everyday," Stephens says.Low-VOC paint is one of the firm's main products, but it also offers sustainable flooring such as bamboo wood and countertops made of recycled materials. He also sells 100 percent biodegradable products, such as plates, eating utensils and cleaning products."There are very few cleaning products that you can let go down the drain," Stephen says.The store employs five people right now, but Stephens expects that number to rise as the mainstream America works more and more sustainable options into its life.Source: Daniel Stephens, owner and CEO of BgreenWriter: Jon Zemke

Above the Tree Line hires 5 in 2 years, plans to do it again

John Rubin is a good son. Seven years ago he was a management consultant working out of Ann Arbor while his mother ran an independent bookstore in Chicago. Rubin regularly advised her on how to modernize her 30-year-old business. It wasn't long, however, before Rubin realized that a number of other small bookstores needed similar advice on how to take advantage of new technologies, such as online sales. The CFL went off over his head and he started Above the Tree Line."They were all out there all alone and you can use technology to link them together," Rubin says.The idea is to give the broad range of independent booksellers and other retailers the same economies of scale as major chains. Above the Tree Line's software helps these little firms streamline their inventory and create other efficiencies.People didn’t beat down Rubin's door at first. He spent his first four years as the company's sole employee. But recently business at the Ann Arbor-based firm is really starting to take off. Revenue has doubled in the last year and the company added Borders as a client 18 months ago. This lead Above the Tree Line to hire five people in the last two years, so it now employs eight people and one intern."It's been an incremental spreading of the word, expanding the customer base and the services we offer," Rubin says.Above the Tree Line expects to grow its revenue 100 percent annually for the next two years. If it hits those goals, they anticipate adding another 5-6 people. Can't wait to join them? Right now, they're looking for 1-2 new program developers.Source: John Rubin, president and CEO of Above the Tree LineWriter: Jon Zemke

Terumo Heart grows staff and technology in Ann Arbor

Terumo Heart's beat is growing stronger every day in Ann Arbor.The U.S. subsidiary of Japan-based Terumo Corporation has watched its staff numbers increase significantly over the last two years - up 25 percent from last year and 35 percent from two years ago. Which brings the total to 125 employees today.Tuermo Heart has just developed its third generation of heart transplant technology called DuraHeart, a blood pump designed for long-term patient support.The technology is currently undergoing clinical trails in the U.S. The company hopes to commercialize the product within two years.Terumo Heart has both its headquarters and manufacturing facilities in Ann Arbor. Its mission is to create products that improve the quality of healthcare for heart failure patients.Source: Carmen Fox, senior marketing communications specialist for Terumo HeartWriter: Jon Zemke

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