spark central may 6 th 2014 campaign for the future networking & informational meeting albert m....

SPARK Central May 6th 2014

Campaign for the Future Networking & Informational Meeting

Albert M. BerrizPaul Krutko

Ann Arbor SPARK is a public-private partnership of business, government and academic institutions working to advance

the economy of the Ann Arbor region.

The Virtuous CycleA VITAL COMMUNITY

A GROWING ECONOMY

Increased prosperity, opportunity

Revenue growth for city

.

2001 2008 2009 2012 41426 170,000

175,000

180,000

185,000

190,000

195,000

200,000 Total Employment Ann Arbor MSA

Quarter Census of Employment and Wages

Ann Arbor RegionJobs Recovered from Recession

Strong GDP Growth in the Ann Arbor RegionGDP = Total dollar value of all goods and services produced over a specific time period .

2008.5 2009 2009.5 2010 2010.5 2011 2011.5 2012 2012.516500

17000

17500

18000

18500

19000

19500

YEAR

US Average Yearly GDP Growth: 2%

Ann Arbor is a Job Center for the Region

Over 67,000 workers across Michigan commute into

Washtenaw County

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 SPARK new

ideas, new inventions, new businesses and new industries.”-Richard Florida

What we do

What we do

Regional Economic Development

Support Talent Connections

Accelerate the Growth of Start-ups

Market the Region

Our Impact

Our Impact

• $1.5 billion in investments

• 13,024 new jobs

• Over 1,300 startups assisted through

intensive services and referrals

Project Successes

2006

2007

2008

2009

2010

2011

2012

2013

2006-2013

Our Impact

Coyote Logistics has expanded their operations to the City of Ann Arbor, and will add 125 jobs and invest $1.2 million

Med Hub recently 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.

Ann Arbor Dexter Pittsfield Township

Our Impact

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.

Navitas Advanced Solutions Group invested $9.3 million, created 125 jobs in Pittsfield Township and retained 250 jobs in Michigan.

Brighton Township York Township Pittsfield Township

Our Impact

American Broach was featured on the Reuters sign in Times Square for their $5 million expansion. They plan to add 30 jobs.

Universal Marketing Group has expanded into the former Borders headquarters building. They added 150 jobs in 2014.

Faurecia has secured the ACH facility in Saline, which has resulted in 1,135 retained jobs. They are investing $85 million in the property.

Ypsilanti Ann Arbor Saline

Our Impact

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.

Ann Arbor Ann Arbor Superior Township

Growing & Thriving

• 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.

Innovative Redevelopment of the Willow Run GM Powertrain Factory

Growing & ThrivingTop Employers in the Ann Arbor Region

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 HONORS by the Michigan Economic Developers Association.

• fDi Magazine recognized Ann Arbor as a TOP 10 SMALL CITY for Economic Potential.

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

Liberty Street Corridor

Business growth fuels new restaurants like Sava, Babo, Tomukun, Mani, Isalita, Slurping Turtle and many others

Ann Arbor Region ROI

Ann Arbor Region ROI

Coming Soon: CEO Roundtable Meetings

Ann Arbor SPARKCommittee Organization Chart

Supporting SPARK

• 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

With your support, SPARK can further advance the region’s economy by engaging in new initiatives: