Ann Arbor SPARK hosting conference for economic development leaders
The International Economic Development Council is bringing more than 350 attendees and speakers from more than 20 states and five countries to Ann Arbor Sunday for the association’s annual spring conference.
Ryan Stanton | AnnArbor.com
“It will be our largest spring conference ever,” said Jeff Finkle, CEO of the International Economic Development Council.
“Ann Arbor has performed very well as a destination and it’s not just built around a destination, it’s also built around a platform of speakers that make sense and a program that people buy into.”
The conference will combine keynote speakers, mostly from Southeast Michigan, with breakout panels focusing on everything from “using analytics to build a competitive workforce” to “strategies for integrating clean technology into your economic development portfolio.”
The events — held Sunday through Tuesday — will cap off a big weekend for Ann Arbor SPARK. The private-public economic development organization focused on Washtenaw and Livingston counties held its annual meeting Friday where it released reports on the state of business development in the region.
Things are even busier for SPARK CEO Paul Krutko, who took over as chair of the IEDC in January. He said economic development organizations across the country look at SPARK as one of the more innovative private-public partnerships and he’s looking forward to showing off what has been accomplished in the Ann Arbor area.
“What we’re really trying to showcase at the conference will be our entrepreneurial strategy based on local assets,” he said.
“That’s what we’re trying to convey to people, is that in order to compete globally you have to maximize the assets you already have instead of trying to be somebody else.”
The event also will include a tour of Detroit touting the city’s “21st century comeback,” but Finkle said attendees come to the conference to see more than just the host city and region.
“It’s not just a conference that pounds the chest of Ann Arbor and Michigan for their economic recovery, though there will be some of that,” he said.
“It brings a lot of diversity in speakers from around the United States and I think we’ve done a pretty good job of blending content from Michigan and Ann Arbor with other experts from the rest of country.”
Local business leaders giving keynote addresses at the conference include AnnArbor.com Deals of the Year 2012 executive of the year: Menlo Innovations CEO Rich Sheridan and ForeSee CEO Larry Freed, who leads AnnArbor.com's company of the year for 2011 and was recently was named a finalist for the Ernst and Young Entrepreneur of the Year award.
Business executives, economic development professionals and politicians dominate the conference’s speaker list, but Finkle said there is a third category of people who will address the conference that he is most interested in hearing from.
“I’m interested in hearing the University of Michigan people,” he said.
“The university has so many great tools, significant research and commercialization going on that I’m particularly interested in hearing from them It is a true economic engine for the community and the region and U-M really understands its role in economic development.”
Ben Freed covers business for AnnArbor.com. You can sign up here to receive Business Review updates every week. Reach out to Ben at 734-623-2528 or email him at benfreed@annarbor.com. Follow him on twitter @BFreedinA2.
Comments
DJBudSonic
Sat, Jun 8, 2013 : 7:40 p.m.
Economic development conference - hang on to your wallets. Would love to see a factual article showing where our money goes, and who benefits most from these programs we all are asked to pay for.
Greg
Sat, Jun 8, 2013 : 3:06 p.m.
Bringing people to the area who will spend on food and hotels is an upside as well.
Kai Petainen
Sat, Jun 8, 2013 : 2:04 p.m.
Conferences like this are great. They bring people together for an exchange of ideas and it can help competition and improve not only Ann Arbor, but other cities/states as well. "He said economic development organizations across the country look at SPARK as one of the more innovative private-public partnerships and he's looking forward to showing off what has been accomplished in the Ann Arbor area." This is not meant to be a slam by any means -- but it might help explain how other states could do what SPARK did. In the spirit of competition, I presume other states can do something similar to SPARK. I think one of the innovations is how SPARK(and Foundation) is setup (a 501c6 and 501c3) and it would be good for others to look at that setup and (presumably) do something similar in their own state. SPARK, by NTEE classifications, is one of the largest 'chamber of commerces' in the country (I think the 5th largest?)... and then you combine that and make a non-profit Venture Capital-type firm... you can create a very powerful combination. Also, take that VC/Chamber of Commerce and have it manage the states money and combine the 501c6 with the 501c3 in the same address. SPARK also benefits by having network connections to the Governor (created SPARK), the MEDC (former SPARK employees), and Pure Michigan (the MEDC). For other states to do this, they basically need to mix a chamber of commerce with a VC firm, with a supportive governor, great network connections, a tourism campaign, a 501c3 and 501c6 status, and state/local funding.
4 Real
Sat, Jun 8, 2013 : 12:58 p.m.
Wish we had a conference center... http://www.theannmagazine.com/2013/06/03/why-a-convention-center-cant-pass-no/
RUKiddingMe
Sat, Jun 8, 2013 : 12:10 p.m.
Who are the staff members of A2.com that are also employed by SPARK? I forget. Can we get the total dollar cost that SPARK is paying for this (they do receive our property tax money, so you would think that's obtainable data), or perhaps their budget for events and conferences? Does anyone have any factual data on the return on investment of our tax dollars from SPARK? Like any actual provable deliverable?