Ann Arbor SPARK

Ann Arbor SPARK is a non-profit organization dedicated to fostering economic development and innovation in Michigan. Through its SPARK Capital initiative, the organization provides early-stage investment capital to promising Michigan-based high-tech startups. Since its inception in 2007, SPARK Capital has invested in over 200 companies, deploying a total of $32 million and leveraging an additional $1.1 billion in follow-on funding. The firm focuses on technology companies with a defensible product or solution and high growth potential, aiming to diversify Michigan's economy and create jobs in emerging industries.

SPARK Capital's investment strategy targets pre-seed and seed rounds, investing between $100,000 and $250,000 alongside private co-investors. Eligible companies must be headquartered in Michigan, produce technology goods or services, and have a customer-validated value proposition secured by intellectual property. The firm has a strong track record of supporting diverse founders, with 56% of its portfolio companies led by diverse entrepreneurs. Notable investments include M3D, a medical device startup, and Insight Voice, an AI-driven content marketing platform.

Beyond financial support, Ann Arbor SPARK offers a comprehensive suite of services to nurture startups, including entrepreneurial coaching, mentorship, and access to a network of experienced partners. The organization operates business incubators in downtown Ann Arbor and Ypsilanti, providing affordable office space and fostering a collaborative community for entrepreneurs. By combining capital investment with strategic support, Ann Arbor SPARK plays a pivotal role in accelerating the growth of Michigan's innovation economy and high-wage job creation.