Transcript the Ann Arbor SPARK Breakfast PowerPoint File

Campaign for the Future
Networking & Informational Meeting
Albert M. Berriz
Paul Krutko
SPARK Central
May 6th 2014
Ann Arbor SPARK is a public-private
partnership of business, government and
academic institutions working to advance
the economy of the Ann Arbor region.
The Virtuous Cycle
A VITAL COMMUNITY
Increased prosperity, opportunity
A GROWING ECONOMY
Revenue growth for city
.
Ann Arbor Region
Jobs Recovered from Recession
200,000
Total Employment Ann Arbor MSA
195,000
190,000
185,000
180,000
175,000
170,000
2001
2008
2009
Quarter Census of Employment and Wages
2012
Jun-13
Strong GDP Growth in the Ann Arbor Region
GDP = Total dollar value of all goods and services produced over a specific time period
.
19400
19200
19000
18800
18600
18400
18200
18000
17800
US Average
Yearly GDP
Growth: 2%
17600
17400
2008.5
2009
2009.5
2010
2010.5
YEAR
2011
2011.5
2012
2012.5
Ann Arbor is a Job Center for
the Region
Over 67,000 workers
across Michigan
commute into
Washtenaw County
Culture of Innovation in Ann Arbor
"Cities are central to innovation and new technology. They act as
giant petri dishes, where creative types and entrepreneurs rub up
against each other, combining and recombining to SPARK new
ideas, new inventions, new businesses and new industries.”
-Richard Florida
What we do
What we do
Regional Economic Development
Support Talent Connections
Accelerate the Growth of Start-ups
Market the Region
Our Impact
Our Impact
• $1.5 billion in investments
• 13,024 new jobs
• Over 1,300 startups assisted through
intensive services and referrals
Project Successes
2006-2013
2006
2007
2008
2009
2010
2011
2012
2013
Our Impact
Ann Arbor
Dexter
Pittsfield Township
Coyote Logistics has
Med Hub recently
Control Gaging
expanded their operations
to the City of Ann Arbor,
and will add 125 jobs
and invest $1.2 million
expanded and committed
to invest $1.7 million
into a historic Dexter
property. They plan to
recently broke ground
on their new U.S.
headquarters in
Pittsfield Township.
double their staff.
Our Impact
Brighton Township
York Township
Lake Trust Credit Union Toyota Technical
announced plans to build a Center will will expand
new $30 million
its engineering capabilities
headquarters creating
in the township and bring
350 jobs.
250 employees to
region.
Pittsfield Township
Navitas Advanced
Solutions Group
invested $9.3 million,
created 125 jobs in
Pittsfield Township and
retained 250 jobs in
Michigan.
Our Impact
Ypsilanti
Ann Arbor
Saline
American Broach was
Universal Marketing
Group has expanded
Faurecia has secured
featured on the Reuters
sign in Times Square for
their $5 million
expansion. They plan
to add 30 jobs.
into the former Borders
headquarters building.
They added 150 jobs
in 2014.
the ACH facility in Saline,
which has resulted in
1,135 retained jobs.
They are investing $85
million in the property.
Our Impact
Ann Arbor
Ann Arbor
Lyons Consulting
Group chose to expand
Barracuda invested
over $30 million in its
in Ann Arbor over other
locations in the Mid and
Southwest, investing
$1.1 million and
R&D facility, creating
creating 30 jobs.
hundreds of hightech jobs.
Superior Township
Hyundai America
Technical Center
invested over $15
million in its Ypsilanti
facility, creating over 50
high-tech jobs.
Growing & Thriving
Innovative Redevelopment of the Willow Run GM Powertrain Factory
• Ann Arbor SPARK identified
connected, automated, and
autonomous automotive and
mobility technology as a key area
to build prosperity in the region.
• Working with Walbridge, RACER
Trust, Ypsilanti Township, and other
private and public sector partners,
SPARK is helping to create this new
economic opportunity for the
region.
Growing & Thriving
Top Employers in the Ann Arbor Region
Awards & Accolades
• Ann Arbor SPARK earned designation as an ACCREDITED ECONOMIC
•
•
•
•
DEVELOPMENT ORGANIZATION (AEDO) from the International
Economic Development Council (IEDC), one of 38 internationally.
Ann Arbor has been designated an “AREA OF INNOVATION” by the
International Association of Science Parks, one of nine nationally.
Ann Arbor SPARK received New Media GOLD EXCELLENCE in Economic
Development Award from the IEDC.
Ann Arbor SPARK marketing awarded TOP HONORS by the Michigan
Economic Developers Association.
fDi Magazine recognized Ann Arbor as a TOP 10 SMALL CITY for
Economic Potential.
Compendia BioScience
Acquired by Life Technologies
Compendia began within
the SPARK Bootcamp
program and received
additional support from
SPARK up until acquisition
by Life Technologies in
2012
Liberty Street Corridor
Business growth fuels new restaurants like Sava, Babo, Tomukun, Mani, Isalita,
Slurping Turtle and many others
Ann Arbor Region ROI
Ann Arbor Region ROI
Coming Soon: CEO Roundtable
Meetings
Ann Arbor SPARK
Committee Organization Chart
Supporting SPARK
With your support, SPARK can further advance the region’s
economy by engaging in new initiatives:
•
Accelerating the growth of second stage
companies
•
Retaining the region’s skilled workforce and
attracting new talent to the area
•
Leading national business attraction and
marketing efforts
•
Increasing foreign direct investment and
trade promotion
•
Developing regional index
measures