Market Overview

Ann Arbor SPARK's Paul Krutko Elected President of International Association of Science Parks and Areas of Innovation Board of Directors


Paul Krutko, president and CEO of Ann Arbor SPARK, has been ratified as
the new International President of the International Association of
Science Parks and Areas of Innovation board of directors. His presidency
began at the association's recently concluded 35th World
Conference in Isfahan, Iran.

Krutko took over from outgoing president Josep Piqué at the conference
Closing Ceremony on September 5, 2018. He begins his 2-year term
following ratification at the 2018 IASP General Assembly in Isfahan,
Iran, and having previously held the position of IASP vice president for
two years. He leads the IASP International Board, which is made up of 18
members from 13 different countries.

"IASP focuses on the role Areas of Innovation play in helping regions
take advantage of new opportunities for the future. As we've experienced
in Ann Arbor, ‘living laboratories' in the city, supported by
public-private co-financing, can expedite the implementation of
innovation in these areas," Krutko said. "Being chosen to lead the IASP
board is the opportunity to learn from and share ideas with my
colleagues whose expertise in making innovation a core tenant of
economic development is unparalleled."

In addition to his leadership of IASP, Krutko served as chair of the
preeminent professional economic development organization in the world,
the International Economic Development Council (IEDC). He was designated
an Honorary Life Member of IEDC in 2013.

IASP is the worldwide network of science parks and areas of innovation,
founded in 1984. With 347 members in 77 countries, IASP connects
professionals managing science, technology and research parks and other
areas of innovation from across the globe, and provides services that
drive growth and effectiveness for members.

About Ann Arbor SPARK

Ann Arbor SPARK, a non-profit organization, is advancing the region by
encouraging and supporting business acceleration, attraction and
retention. The organization identifies and meets the needs of business
at every stage, from start-ups to large organizations. To achieve its
mission, Ann Arbor SPARK collaborates with business, academic,
government, and community investor partners. For more information,
please call (734) 761-9317 or visit

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