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WE MEAN BUSINESS
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.
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.
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
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.
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
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
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]
TechTown Detroit is a 501(c)(3) nonprofit.