A look back on this week’s economic development headlines, announcements, and other share-worthy news from the Ann Arbor region.
- Michigan’s economic development groups avoid controversy, pursue jobs (requires MLive subscription)
- A Big Gift and a New Name: Eastern Michigan University to rename its engineering and technology college to the GameAbove College of Engineering and Technology, thanks to a major gift from the GameAbove alumni group
- Biotech Boom: “As Ann Arbor begins to fulfill its potential as a dynamic biotech hub, the broader impact could be profound.”
- Related: Ann Arbor drug company Asalyxa closes a $2 million seed funding round.
- A Michigan Company’s Technology is Making Workplaces Safer: Nice overview of SPARK client Kinetica Labs
- A $10 million investment by a Florida group in a Virginia robotics company will lead to an expansion of the American Center for Mobility (ACM) in Ypsilanti Township.
- Ann Arbor SPARK has recently released three reports:
- The Council on Future Mobility & Electrification released a study on the state of the auto industry in Michigan: “Revolutionary changes like electrification and automation are poised to transform the mobility sector, and there is a global competition to determine where advanced vehicle technologies will be built.”
- Detroit Chamber report: 2021 State Of The Region: Reasons For Optimism But K-Shaped Recovery Exacerbates Challenges Ahead