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Weekly Rewind: Ann Arbor’s Business News Recap

Weekly Rewind November 6, 2020-decorative background with laptop, phone, tablet, and notes

Entrepreneurial Ecosystem News

  • LLamasoft was acquired this week by Coupa for $1.5 billion, Ann Arbor’s second “unicorn” and SPARK’s longest-running FastTrack award winner!

Regional Updates

  • The Michigan Economic Development Corporation helps bring 10 sites across Michigan closer to “shovel ready” status, including $75,000 for MI-HQ. Ann Arbor SPARK worked with MI-HQ to write the grant proposal for site-ready preliminary engineering reports. Ultimately, MI-HQ plans to invest up to $80 million to construct two new buildings to house high-tech, R&D wet lab, and office space.