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