The Michigan Microloan Fund Program, managed by Ann Arbor SPARK, today distributed $200,000 to four young companies, including three in Ann Arbor.
Ann Arbor-based Allinnova, Procuit and The Whole Brain Group and Birmingham-based Solarflex received the funds.
The Michigan Microloan Fund Program draws funding from the Michigan Economic Development Corp.'s Michigan Pre-Seed Capital Fund, which SPARK manages, as well as the Ann Arbor Local Development Financing Authority and Washtenaw County.
Ann Arbor SPARK-managed microloan program distributes $200,000 in funds