Ann Arbor: SPARK - Economic Development - ICV 2024

This presentation is part of The Chamber’s 2024 Inter-City Visit to Ann Arbor, Michigan. The visit brought together leaders from various sectors, including business, government, education, and non-profits, to explore innovative strategies and best practices for addressing community challenges. During the visit, participants engaged in discussions, toured key sites, and networked with peers from Ann Arbor, all with the goal of benchmarking our region and fostering collaboration to drive growth, sustainability, and shared success for our community.

1. Past. Present. Future

2. Topic

rN Nee

min

o CAV Z— 7
CUMULATIVE SINCE INCEPTION

COMPANY $3B 22K 30K

GROWTH — innew New jobs jobs,

PROJECTS investment created retained
CREATING: commitments

1,349 | STARTUPS ASSISTED witn intensive services

creating 4,841 jobs that currently employ 6,971 FTES.

19 INCUBATOR CLIENTS NURTURED
521 BOOT CAMP TEAMS cresing 13965005 nat

== | current amploy 202 FTEs

51 1B | SPARKGAPITAL FUNDING ATTRACTED

$31M into 191 companies, since 2007 inception

\ $23.7M MICHIGAN ANGEL FUND INVESTED

into 41 companies, attracting SE57M since 2012 inception

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Washtenaw Community College ‘Ypsilan Township se 38.491 Budget Total

5. #

David Rad (cain
Sonor View Pres
Chiat Financial car
OTE Energy

Kelly Sexton vie chai)
Associate PforRosoarh
Unity of Michigan
inovaton Partnerships

David Snodgrass
(rasen,
President & CEO

Lake Trust rod Union
Tiny Ford Ssertary)
Present CEO
Unis of Michigan

rei Union

David Parsigian (Pt hair
Co Managing Partner
Honigman LLP

2023 Board of Directors

Dr. Rose Bellanca
President

Wa Community
Colega

Nathan Burd

Cour Administrator
Livingston County
Gregory Dil

County Administrator
Washtenaw County
Mitton Dohoney

Gry Adminis
GryotAm Arbor
Leigh R.Greden

Che of Salt

Essen Michigan Unies
Mandy Grewal. Pao.
Suporssor

Pitt Charter Toanchip

elf Hauptman
œo

Gers Compan
‘Justin Hodge
Commissioner
asia Coury
Chis Kalb

Vio Proton
Government Rebiions
Univers of Michigan
Paul Krutko
President & CH
‘Ann Actor SPARK
Mark LePage

SVP Metical Groups and
Anbultory Strategy
Try Heath

SPARK

‘WL ANNARBORUSA.ORG

LonLowen
Associate Vie President.
Engnaañng

NETSCOUT

Timothy 6. Marshall
Prosi & 0

Banko! Ann Arbor

John McLaughlin
Senior Director

Arm Arbor St Leeder
UA Corporation

Tim Petersen
Managing Partner
Aron entras
Venkat (DV) Rao
Senior Stan
Consumer nor
Paul Roney
President

Demin’ Fame

¡ASP

Chris Sing

Principal

Brenda Stumbo,
Superior

‘pst Township
Simon Whitalacke
oo Prosdon TC Holdings
Carp. and President
INC Michigan Corp.
David Wilt
President an DED
Wacker Chemical
Christina York

co

SpelBound

Robert Young
Group VP, Purchasing
Toyota NARED
Headquarers

6. mes SUIPCESSES

WASHTENAW & LIVINGSTON:

COMPANY | S208M 516 363
GROWTH | innew few jobs jobs
PROJECTS | investment created retained
CREATING: | commitments

400 STARTUPS ASSISTED

231 of those companies received intensive
services and currently emplay 1,046 FTE

102 INCUBATOR CLIENTS NURTURED
11 BOOT CAMP TEAMS

that currently employ 24 FTE

50 INCUBATOR GRADUATES

©
SIM invested into 13 =|
fund managed by Ann Arbor SPARK, à
wagen enden mat

x
LDFA FISCAL YEAR 2023
231 companies served
101 newjobscreated
102 incubator cles
$1,56M ingantstostaruns
$128M vate ent raised

SPARK Sica rund party Th ee
‘un eran are PA Uns ‘|
10K veste

captalto commerciale technologies developed
locally andis funded by the Stat Michigan.

SPARK CAPITAL

7. 2023 S UCCE Sse N SPARKS Entrepreneurial Services team offers vital resources required for entrepreneurs

to start and grow their ventures,
AOD ses assise CULTUREWELL, a traiblezorin lab services innovation, saw remarkable growth and expansion, thanks
ma SFr @ in partto the foundational experience gained from participating in SPARK’s Boot Camp and Biomedical
boot Commercaization programs. With SPARKS backing, Cuturewell nt only raised funds te upgrade their
102 ruban came laboratory services and facities but also benefited from a wealth af resources including legal services, product
clients {teams development suppor, and access to experienced entrepreneurs-in-residence, notably Jen Baird. This comprehensive
assistance enhanced the company’s operational strengths and solidified its status as an industry leader.
ao sni SNIFFER ROBOTICS successfully secured a $2 milion seed funding round, led by the Michigan
Or. 105M ee) 224. Angel Fund, to further develop tsinnavetive drone-besed methane leal detection tectnology,the
consys 50M SniferDRONE”. This funding round also saw participation from other investors highlighting the significant potential of
Sniffer Roboties in environmental technology services. The company's cutting-edge solution is recognized for ts ability
Blumira 15M 0 automate methane emission monitoring, significantly improving efficiency and safety over traditional methods.
ONLSISM U Ulendo "END a dario company pecan ninnratve menacing solar, es seen
Proneady ¿25M TOO markable progress wit the support of SPARK. SPARK played a pivotal role in Ulendo' >
; fundraising efforts, enabiing the company to secure the capital investment necessary forits growth and Best Cities
shopeligerce 52.7 ‘expansion. In ation o financial assistance, SPARK facilitated access to valuable resources, including legal Ra
SONAMORE 52M Support and the provision of interns, enriching Ulendo's operational and developmental capacities. A crucial to Raise

‘moment the companys journey wes when Brenda Jones, tly jing as an enteareneurin-esidence, aFamily

of CEO. er leadership has been nsrumeralin gin end towards achieving ts Fra

8. SPARKS Business Development team specializes in assisting companies with growth strategies, providing tailored support
in areas such as talent attraction, access to capital, and connecting to essential business resources.

MI-H Q In 2023, MI-HO started renovating the Eastern Michigan University College of Business building, indicating confidence

in downtown Ypsilanti as part ofthe Ann Arbor-Ypsllat innovation ecosystem. The project, anchored by Michigan
Medicine, seeks to enhance health services while providing a space or incubation, laboratories, and work ctvtes, bolstering the SPARK East
Innovation Center and Back Office Studio. This efforts he resul of collaboration between Ann Artar SPARK, Eastern Michigan University the
City of Ypsilanti, Washtenaw County, and the Michigan Economic Development Corporation (MEDC).

=. Toyota Motor North America will expand its R&D campus in York Township with the construction of a new S48
@® TOYOTA = ue :

milion battery lab. This strategic development wil aid the development of batteries for electric vehicles (EVS) in
the United States. his investment highlights the companys dedicetion to innovation and its proactive approach to meeting the growing demand
for EVs. Ann Arbor SPARK helped Toyota manage the support opportunities with York Township and the State of

igan.

en Ann Arbor SPARK celebrated the launch of the Federation for Advanced Manufacturing
MI FAME Education (FAME) Advanced Manufacturing Technician (AMT) training program
Mitten Chapter with a “Signing Day” event for 10 advanced manufacturing students from
the inaugural cohort, paring them with sponsoring employer partners. This work-and-learn program,
offered in partnership with Washtenaw Community College and local employers like Toyota, isan
opportunity for students to graduate debt fr. This itiatve isa significant step in bridging the ss
gap in the manufacturing sector and contributing to he development ofa highly skilled workforce.

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9. ‚Ann Arbor SPARKS Marketing team provides direct support to startups, thanks to the LDFA.

These services (which would normally bo cost-prohibtiveto early-stage companies) include consulting on marketing strategy, product
positioning and targeting, website development, social media statogy, publi relations, collateral davelopment, and moro. In 2023,
the dedicated entrepreneurial marketing team delivered 272 engagements for 64 ofthe startup companies working with SPARK.

Suncesses
video
BOOK website visi 456K Views AGBK social meta

interactions
g events 76M social media
a i impressions
ENTREPRENEURIAL SERVICES BUSINESS DEVELOPMENT MARKETING
+ Affordable office space for startups ® Local business expansion + Promote company successes
+ Entrepreneur Boot Camp © Business attraction ‘© Amplify visibility of the best RR.
© Experteounselto entrepreneurs = Business inroductons A brgttst anal
+ Access to funding & referrals + Supportthe needs of startups A TEN
‘opportunities: © Site search and selection ‘© Publicize the region toa ne
© Educational & © Incentive support global audience “tence orien

networking events er ‘+ Hostevens that encourage DT
Collaboration across the ecosystem es

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10. a2TECH360

promotes the Ann Arbor region as an area of innovation. Offering more than a week of tech-related events, it creates
connections between entrepreneurs, researchers, investors, businesses, educational institutions, nonprofits, job seckers,
and the general public to generate discussion, ideas, and new opportunities.

y | ce 25 ao 56 Tech Trek pa

cipating

3870+ total registrations ios -
2 ji
100K 1:

819K social media views 19 FastTrack awardees

ur Tech Homecoming event connects talented professions EC
with Ann Arbor and its vibrant rech ecosystem, which has. hom ome

produced hundreds of startups and bilions in enterprise
[coming min

val inthe pastfive yeas.
373 | registrants
16 [participating companies

8 [states represented

11. Topic

rN Nee

min

o CAV Z— 7
CUMULATIVE SINCE INCEPTION

COMPANY $3B 22K 30K

GROWTH — innew New jobs jobs,

PROJECTS investment created retained
CREATING: commitments

1,349 | STARTUPS ASSISTED witn intensive services

creating 4,841 jobs that currently employ 6,971 FTES.

19 INCUBATOR CLIENTS NURTURED
521 BOOT CAMP TEAMS cresing 13965005 nat

== | current amploy 202 FTEs

51 1B | SPARKGAPITAL FUNDING ATTRACTED

$31M into 191 companies, since 2007 inception

\ $23.7M MICHIGAN ANGEL FUND INVESTED

into 41 companies, attracting SE57M since 2012 inception