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. TechTown was founded in 2000 by Wayne State WHO WE ARE: 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 LABS tech-based programs working across sectors to drive progress in Detroit. TechTown Business Detroit Technology Exchange Incubation Center
TechTown works in close partnership with Wayne State’s Venture Accelerator Tech Commercialization Office of Economic Development, the university’s hub for catalyzing business activity in Midtown and across the Detroit region. BLOCKS place-based programs Retail Boot Camp SWOT City
SPACE co-working, meeting space and more Junction 440 (coworking) Meeting and event space Offices and labs Pop-up food and shopping Public events LABS We know tech.
Programs supporting tech startups and the development, TECHTOWN BUSINESS INCUBATION CENTER attraction and retention of tech talent Customized support for tech startups
VENTURE ACCELERATOR 2015 Turns early-stage tech startups into sustainable, market-ready businesses
12 DETROIT TECHNOLOGY EXCHANGE
Programmatic partnership designed to recruit and groom talent for tech Companies created $4.8 entrepreneurship and convert innovative technologies into Detroit startups 114 million Partners:
Companies served Funding leveraged into 334 companies served DTX Launch Detroit: summer tech accelerator for college students & recent grads
DTX D-Venture: an executive-in-residence program 10 Ideas assessed 23 DTX Fellows: a fellowship program
Companies TECH COMMERCIALIZATION incubated Jobs created 165 Moving university and health system technologies to market
Jobs retained BLOCKS We get Detroit.
Small business support services that help launch and stabilize local RETAIL BOOT CAMP businesses and catalyze neighborhood commercial districts 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 2015 SWOT CITY A small business support program for brick-and-mortar enterprises in Detroit neighborhoods. Our staff of passionate, skilled professionals 19 provides one-on-one assistance to help launch, stabilize and grow local businesses and strengthen neighborhood commercial districts. Jobs created 155
Jobs retained $685 thousand 7
Companies created Funding leveraged into companies served 96
Companies served SPACE Stay a while.
Co-working, meeting and event space, labs and offices, and public programming to serve the many needs of entrepreneurs JUNCTION440 Co-working community offering an affordable, flexible and collaborative work environment 2015
MEETING & EVENT SPACE 51 A variety of meeting, conference, training and event spaces
Junction 440 member OFFICE & LAB SPACE companies 41 41 nonprofit, small business and high-tech tenants
nonprofit, small businesses and POP UPS service provider tenants 1800+ Regular food and retail pop ups showcasing local small businesses
attendees at 42 public events 58
Get this: pop-up breakfasts, lunches and food trucks The Corvette was designed here COMBINED IMPACT FOR 2015 TECHTOWN PROGRAMMING
Our Impact 2007-2015 210 320 Companies served Jobs retained
19 Companies created
Companies served
Jobs created 42 Jobs created
$5.58 million funding leveraged by million companies served funding leveraged by companies served 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.
Engage Michigan Small Business Development Center
New Economy Initiative for Southeast Michigan /techtowndetroit @techtowndetroit U.S. Housing & Urban Development
U.S. Department of Health and Human Services Learn more Wayne State University
techtowndetroit.org
FOUNDING PARTNERS
Contact Wayne State University [email protected] Henry Ford Health System [email protected] General Motors Co. TechTown Detroit is a 501(c)(3) nonprofit.