(This story was written by Ryan Stanton and Nathan Bomey.) Economic development group Ann Arbor SPARK said that 42 of the companies it assisted in 2010 announced plans to eventually add 1,425 jobs, according the group's 2010 annual report, which was released Monday night at Ann Arbor City Council's meeting.
The Chocolate Pirate PlotA Chocoholic MysteryBy JoAnna CarlHardback, $21.95, 232 pages I love pirate stories. And cozies set in Michigan. And a delicious chocolate bonbon treat filled with soft caramel. If you’re like me, you’ll grab a hot chocolate (with little marshmallows on top), settle in and rip through “The ...
The quest for capital inevitably conflicts with entrepreneurs' desire to preserve equity in a startup company. The financial crisis, which has intensified entrepreneurs’ fight for cash, can lead to ill-advised decisions. That’s why Skip Simms, business acceleration manager director for Ann Arbor SPARK, said it’s imperative for entrepreneurs to stick ...
Ann Arbor economic development officials are hoping that microloans can be an economic jump starter for entrepreneurs thirsting for cash. Local officials have pooled $1.5 million in funds for comparably tiny business loans designed to boost startup companies with few traditional financing routes. Skip Simms, Ann Arbor SPARK’s business acceleration ...
Economic development leaders and governmental officials are collaborating to provide access to $1.8 million in microloan funding for small businesses facing few traditional financing options. Ann Arbor SPARK and Washtenaw County are creating a fourth microloan fund for the region: the Eastern Washtenaw Micro Loan Fund, officials announced today. The ...
More than $200 million in government funds allocated to Michigan-based venture capital investors in recent years will enable Ann Arbor’s VC sector to prevent the financial crisis from becoming a crippling blow, local experts said. National observers have notably predicted that the financial crisis would liquidate one out of every ...