Ann Arbor SPARK understands that obtaining funding for a startup is crucial for business growth. Access to financial resources to assist with operational needs such as consultants, payroll, equipment, technology deployment, and commercialization efforts is critical to business growth. Our team can help you navigate the funding and incentive programs offered to qualified businesses.
Our Entrepreneur Partners
Ann Arbor Angels: The Ann Arbor Angels is a membership organization of angel investors that invest in early-stage technology companies in the greater Ann Arbor area. www.annarborangels.org
Biotechnology Business Consultants (BBC): BBC concentrates its efforts in the areas of business development, SBIR/STTR training, and proposal preparation and support. www.bioconsultants.com
Great Lakes Entrepreneur’s Quest (GLEQ): The GLEQ is a non-profit program that awards prize money in business plan competitions aimed at encouraging and educating entrepreneurs on the creation, start-up and early-growth stages of high growth businesses. www.gleq.org
Michigan Angel Fund (MAF): The MAF is a for-profit, pooled, professionally managed angel fund. MAF was established by Ann Arbor SPARK and supported by the Michigan Economic Development Corporation to help finance early-stage companies in the state of Michigan and to attract additional angel investors to the Michigan entrepreneurial ecosystem. www.miangelfund.com
Michigan Emerging Technologies Fund (ETF): The Michigan Emerging Technologies Fund (Michigan ETF) is designed to expand funding opportunities for Michigan technology-based companies in the federal innovation research and development arena. The fund will match both Phase I and Phase II SBIR/STTR awards until funds are exhausted. www.mietf.org
Small Business Administration: The SBA helps Americans start, build, and grow businesses. Approximately 35-40% of all SBA loans are made to startups. www.sba.gov
Venture Capital and Angel Investors: The mission of both venture capital firms and angel investors is to invest in start-up, early-stage, and emerging growth companies in exchange for an equity position. The vision of the Michigan Venture Capital Association (MVCA) is to increase the amount of capital and talent available to venture and angel investors so they can fund Michigan’s most innovative entrepreneurs and work closely with them to transform breakthrough ideas into new companies and industries that drive Michigan job creation and economic growth. MichiganVCA.org
Other Funding Resources
Michigan Pre-Seed Fund 2.0: The Michigan Pre-Seed Fund 2.0 is a $6.8 million fund aimed at supporting early-stage, high-tech companies by making investments in opportunities originating from technology innovation in Michigan Universities and in pre-seed and seed stage investments. Click Here to learn more.