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Ann Arbor Spark

March 17, 2011

Kauffman Study Shows Impact of Business Accelerator Efforts on SE Michigan Start-Ups

A new Kauffman Foundation study shows the results of business accelerator efforts by Southeast Michigan’s economic development organizations.  Combined, Ann Arbor SPARK, Automation Alley, Macomb-OU INCubator and TechTown , collectively known as the Business Accelerator Network for Southeast Michigan, have:

  • Created more than 1,000 jobs
  • Invested approximately $18 million in hundreds of start-up companies
  • Secured more than $101.2 million in additional capital for companies
  • Helped more than 1,700 companies with direct services