IT S NICE TO MEET YOU.
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- Cori Wells
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1 WE MEAN BUSINESS
2 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.
3 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. WHO WE ARE: LABS tech-based programs TechTown Business Incubation Center Venture Accelerator BLOCKS place-based programs Retail Boot Camp SWOT City 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
4 LABS We know tech. Programs supporting tech startups and the development, attraction and retention of tech talent TECHTOWN BUSINESS INCUBATION CENTER Customized support for tech startups Companies created $4.8 million 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: Companies served 334 Funding leveraged into companies served DTX Launch Detroit: summer tech accelerator for college students & recent grads 10 Ideas assessed 23 DTX D-Venture: an executive-in-residence program DTX Fellows: a fellowship program Companies incubated 165 Jobs created TECH COMMERCIALIZATION Moving university and health system technologies to market Jobs retained
5 BLOCKS We get Detroit. Small business support services that help launch and stabilize local businesses and catalyze neighborhood commercial districts Jobs created 155 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. $685 thousand Funding leveraged into companies served Jobs retained 96 7 Companies created Companies served
6 SPACE Stay a while. Co-working, meeting and event space, labs and offices, and public programming to serve the many needs of entrepreneurs nonprofit, small businesses and service provider tenants Junction 440 member companies 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 58 Get this: The Corvette was designed here pop-up breakfasts, lunches and food trucks
7 2015 COMBINED IMPACT FOR TECHTOWN PROGRAMMING Our Impact Companies served 320 Jobs retained 19 Companies created Companies served Jobs created 42 Jobs created million funding leveraged by companies served $5.58 million funding leveraged by companies served
8 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 Engage /techtowndetroit Learn more Michigan Economic Development Corp. Michigan Small Business Development New Economy Initiative for Southeast Michigan U.S. Housing & Urban Development U.S. Department of Health and Human Services Wayne State University techtowndetroit.org Contact FOUNDING PARTNERS Wayne State University Henry Ford Health System General Motors Co.
9 TechTown Detroit is a 501(c)(3) nonprofit.
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