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WE MEAN BUSINESS

WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

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Page 1: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

WE MEAN BUSINESS

Page 2: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

IT’S NICE TO MEET YOU.

TechTown is Detroit’s most established business accelerator and incubator, offering a full suite of entrepreneurial services for both tech and neighborhood enterprises. We help startup and established businesses develop, launch and grow, while strengthening and diversifying the local economy.

Page 3: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

WHO WE ARE:

BLOCKS place-based programs

Retail Boot Camp SWOT City

LABS tech-based programs

TechTown Business Incubation Center

Venture Accelerator

Detroit Technology Exchange

Tech Commercialization

SPACE co-working, meeting space and more

Junction 440 (coworking)Meeting and event space Offices and labs Pop-up food and shopping Public events

TechTown was founded in 2000 by Wayne State University , Henry Ford Health System and

General Motors . In 2004, TechTown incorporated

as a nonprofit and established its headquarters in a

landmark 1927 Albert Kahn building just north of the

Wayne State campus. The five-story building serves

as an entrepreneurial hub, housing the TechTown

administrative offices, our J440 co-working community,

meeting and event space, and numerous businesses

working across sectors to drive progress in Detroit.

TechTown works in close partnership with Wayne State’s

Office of Economic Development, the university’s hub

for catalyzing business activity in Midtown and across

the Detroit region.

Page 4: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

Programs supporting tech startups and the development, attraction and retention of tech talent

LABS We know tech.

Funding leveraged into companies served

$4.8million

Companies created

12

Companies served

114

Jobs created

23

TECHTOWN BUSINESS INCUBATION CENTER

Customized support for tech startups

VENTURE ACCELERATOR

Turns early-stage tech startups into sustainable, market-ready businesses

DETROIT TECHNOLOGY EXCHANGE

Programmatic partnership designed to recruit and groom talent for tech entrepreneurship and convert innovative technologies into Detroit startups

Partners:

DTX Launch Detroit: summer tech accelerator for college students & recent grads

DTX D-Venture: an executive-in-residence program

DTX Fellows: a fellowship program

TECH COMMERCIALIZATION

Moving university and health system technologies to market

2015

Ideas assessed

334

Companies incubated

10

Jobs retained

165

Page 5: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

Small business support services that help launch and stabilize local businesses and catalyze neighborhood commercial districts

BLOCKS We get Detroit.

Companies created

7

Companies served

96Funding leveraged into companies served

$685thousand

Jobs retained

155Jobs created

192015

RETAIL BOOT CAMP

An intensive eight-week course that prepares serious entrepreneurs with strong retail concepts for the successful launch of their brick-and-mortar business in a core Detroit commercial district

SWOT CITY

A small business support program for brick-and-mortar enterprises in Detroit neighborhoods. Our staff of passionate, skilled professionals provides one-on-one assistance to help launch, stabilize and grow local businesses and strengthen neighborhood commercial districts.

Page 6: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

SPACE Stay a while.

2015

Get this:

The Corvette was designed here

JUNCTION440

Co-working community offering an affordable, flexible and collaborative work environment

MEETING & EVENT SPACE

A variety of meeting, conference, training and event spaces

OFFICE & LAB SPACE

41 nonprofit, small business and high-tech tenants

POP UPS

Regular food and retail pop ups showcasing local small businesses

attendees at 42 public events

1800+41

51

58

Junction 440 member companies

nonprofit, small businesses and

service provider tenants

pop-up breakfasts, lunches and food trucks

Co-working, meeting and event space, labs and offices, and public programming to serve the many needs of entrepreneurs

Page 7: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

Our Impact2007-2015

2015

42 Jobs created

210 Companies served

Jobs retained

320

19Companies created

$ 5.58 million funding leveraged by companies served

COMBINED IMPACT FOR TECHTOWN PROGRAMMING

Companies served

Jobs created

funding leveraged by companies served

million

Page 8: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

MAJOR INVESTORS

The Ford Motor Company Fund

The John S. and James L. Knight Foundation

JPMorgan Chase Foundation

The Kresge Foundation

Marjorie S. Fisher Endowment Fund of the Community Foundation for Southeast Michigan

Michigan Economic Development Corp.

Michigan Small Business Development Center

New Economy Initiative for Southeast Michigan

U.S. Housing & Urban Development

U.S. Department of Health and Human Services

Wayne State University

FOUNDING PARTNERS

Wayne State University

Henry Ford Health System

General Motors Co.

Engage

/techtowndetroit @techtowndetroit

Learn more

techtowndetroit.org

Contact [email protected] [email protected]

Page 9: WE MEAN BUSINESS - TechTown Detroittechtowndetroit.org/wp-content/uploads/2016/12/BlueBook_mediakit080916.pdfTechTown is Detroit’s most established business accelerator and incubator,

TechTown Detroit is a 501(c)(3) nonprofit.