Business Incubator Series: An Interview With Skip Simms, President And CEO, Ann Arbor SPARK — Ann Arbor, Michigan (Part 6)

By guest authors Irina Patterson and Candice Arnold Irina: How many investments has your pre-seed fund made in the past 12 months? Skip: In the past 12 months, we’ve made 12 investments. In the life of the fund, we’ve made 52 investments.

Business Incubator Series: An Interview With Skip Simms, President And CEO, Ann Arbor SPARK — Ann Arbor, Michigan (Part 5)

By guest authors Irina Patterson and Candice Arnold Irina: Can you name some success stories? Skip: Compendia Bioscience is one company that literally took full advantage every program that SPARK offers. It’s a cancer diagnostic. It’s a software product that helps drug manufacturers and developers identify the best course of action in trying to cure

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Business Incubator Series: An Interview With Skip Simms, President And CEO, Ann Arbor SPARK — Ann Arbor, Michigan (Part 4)

By guest authors Irina Patterson and Candice Arnold Irina: What are the main reasons that out of the 30 entrepreneurs who apply for your services every month, 25 get rejected? Skip: The main reasons are one, they’re not in the city of Ann Arbor. Our primary stakeholder, which provides a lot of the services, has

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Business Incubator Series: An Interview With Skip Simms, President And CEO, Ann Arbor SPARK — Ann Arbor, Michigan (Part 3)

By guest authors Irina Patterson and Candice Arnold Skip: [The entrepreneurs that come to us], everyone’s a little different in their company growth. So, all of our programs are customized. We differ from many incubators in that regard. I think the kind of consulting services that we provide are custom, too; they are specific to

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Business Incubator Series: An Interview With Skip Simms, President And CEO, Ann Arbor SPARK — Ann Arbor, Michigan (Part 2)

By guest authors Irina Patterson and Candice Arnold Irina: Describe the ideal company that would benefit from your incubation? Skip: It could be a company that’s providing a new diagnostic software that can be used in an alternative energy industry or conserved life sciences industry. It may be a company that’s working on software that

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Business Incubator Series: An Interview With Skip Simms, President And CEO, Ann Arbor SPARK — Ann Arbor, Michigan (Part 1)

By guest authors Irina Patterson and Candice Arnold I am talking to Skip Simms, president and CEO of Ann Arbor SPARK, a nonprofit business development consortium in Michigan that works in partnership with the Michigan Economic Development Corporation (MEDC), the state’s economic development agency, to help early-stage entrepreneurs and growing companies.