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Campaign for the Future Networking & Informational Meeting Albert M. Berriz Paul Krutko

Campaign for the Future Networking & Informational Meeting Albert M. Berriz Paul Krutko. SPARK Central May 6 th 2014. Ann Arbor SPARK is a public-private partnership of business, government and academic institutions working to advance the economy of the Ann Arbor region.

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Campaign for the Future Networking & Informational Meeting Albert M. Berriz Paul Krutko

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  1. Campaign for the Future Networking & Informational Meeting Albert M. BerrizPaul Krutko SPARK Central May 6th 2014

  2. Ann Arbor SPARK is a public-private partnership of business, government and academic institutions working to advance the economy of the Ann Arbor region.

  3. The Virtuous Cycle A VITAL COMMUNITY Increased prosperity, opportunity A GROWING ECONOMY Revenue growth for city

  4. Ann Arbor Region Jobs Recovered from Recession .

  5. Strong GDP Growth in the Ann Arbor RegionGDP = Total dollar value of all goods and services produced over a specific time period . US Average Yearly GDP Growth: 2%

  6. Ann Arbor is a Job Center for the Region Over 67,000 workers across Michigan commute into Washtenaw County

  7. Culture of Innovation in Ann Arbor "Cities are central to innovation and new technology. They act as giant petri dishes, where creative types and entrepreneurs rub up against each other, combining and recombining to SPARKnew ideas, new inventions, new businesses and new industries.” -Richard Florida

  8. What we do

  9. What we do Regional Economic Development Support Talent Connections Accelerate the Growth of Start-ups Market the Region

  10. Our Impact

  11. Our Impact • $1.5 billion in investments • 13,024 new jobs • Over 1,300 startups assisted through intensive services and referrals

  12. Project Successes 2006-2013 2006 2007 2008 2009 2010 2011 2012 2013

  13. Our Impact Ann Arbor Dexter Pittsfield Township Coyote Logistics has expanded their operations to the City of Ann Arbor, and will add 125 jobs and invest$1.2 million Med Hubrecently expanded and committed to invest $1.7 million into a historic Dexter property. They plan to double their staff. Control Gaging recently broke ground on their new U.S. headquarters in Pittsfield Township.

  14. Our Impact Brighton Township York Township Pittsfield Township Lake Trust Credit Union announced plans to build a new $30 million headquarters creating 350 jobs. Toyota Technical Center will will expand its engineering capabilities in the township and bring 250 employees to region. NavitasAdvanced Solutions Group invested $9.3 million, created 125 jobs in Pittsfield Township and retained 250 jobs in Michigan.

  15. Our Impact Ypsilanti Ann Arbor Saline American Broach was featured on the Reuters sign in Times Square for their $5 million expansion. They plan to add 30 jobs. Universal Marketing Grouphas expanded into the former Borders headquarters building. They added 150 jobs in 2014. Faureciahassecured the ACH facility in Saline, which has resulted in 1,135 retained jobs. They are investing $85 million in the property.

  16. Our Impact Ann Arbor Ann Arbor Superior Township Lyons Consulting Group chose to expand in Ann Arbor over other locations in the Mid and Southwest, investing $1.1 million and creating 30 jobs. Barracuda invested over $30 million in its R&D facility, creating hundreds of high-tech jobs. Hyundai America Technical Center invested over $15 million in its Ypsilanti facility, creating over 50 high-tech jobs.

  17. Growing & Thriving Innovative Redevelopment of the Willow Run GM Powertrain Factory • Ann Arbor SPARK identified connected, automated, and autonomous automotive and mobility technology as a key area to build prosperity in the region. • Working with Walbridge, RACER Trust, Ypsilanti Township, and other private and public sector partners, SPARK is helping to create this new economic opportunity for the region.

  18. Growing & Thriving Top Employers in the Ann Arbor Region

  19. Awards & Accolades • Ann Arbor SPARK earned designation as an ACCREDITED ECONOMIC DEVELOPMENT ORGANIZATION (AEDO)from the International Economic Development Council (IEDC), one of 38 internationally. • Ann Arbor has been designated an “AREA OF INNOVATION”by the International Association of Science Parks, one of nine nationally. • Ann Arbor SPARK received New Media GOLD EXCELLENCE in Economic Development Award from the IEDC. • Ann Arbor SPARK marketing awarded TOP HONORSby the Michigan Economic Developers Association. • fDi Magazine recognized Ann Arbor as a TOP 10 SMALL CITY for Economic Potential.

  20. Compendia BioScience Acquired by Life Technologies Compendia began within the SPARK Bootcamp program and received additional support from SPARK up until acquisition by Life Technologies in 2012

  21. Liberty Street Corridor Business growth fuels new restaurants like Sava, Babo, Tomukun, Mani, Isalita, Slurping Turtle and many others

  22. Ann Arbor Region ROI

  23. Ann Arbor Region ROI

  24. Coming Soon: CEO Roundtable Meetings

  25. Ann Arbor SPARKCommittee Organization Chart

  26. Supporting SPARK With your support, SPARK can further advance the region’s economy by engaging in new initiatives: • Accelerating the growth of second stage companies • Retaining the region’s skilled workforce and attracting new talent to the area • Leading national business attraction and marketing efforts • Increasing foreign direct investment and trade promotion • Developing regional index measures

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