Funding and Incentives
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Working together, Ann Arbor SPARK and Washtenaw County have created robust incentive options for businesses in Eastern Washtenaw County (48197 & 48198 zip codes). Working directly with companies, Ann Arbor SPARK can help businesses identify the loans, grants, and incentives that fuel continued business growth. These outstanding incentives make the Ypsilanti area a destination where businesses can attract investment, create jobs, and achieve success. Projects are reviewed on a case-by-case basis by a review committee, with consideration given to the type of project, number of new employees, capital investment, financial support and impact on the community. Options are available for all types of companies, but some incentives are only available to certain industries.
Incentives, in the form of performance based grants, are available to eligible businesses that create qualified jobs and make new investment in Eastern Washtenaw County. Preference may be given to businesses in need of additional assistance for deal-closing and company gap financing. The use of funds is flexible. Funds can be used for a variety of expenses.
- Marketing and business development assistance
- Product development and scaling manufacturing
- Talent relocation and recruitment assistance
- Direct lease assistance
- Rehabilitation grants
- Purchase and leaseback of machinery and equipment
- Real Estate
For more information regarding these incentives please contact Jennifer Olmstead at Jennifer@annarborusa.org or call her at 734-527-9140.