IT S NICE TO MEET YOU.
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- Delilah Lewis
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1 WE MEAN BUSINESS
2 IT S NICE TO MEET YOU. TechTown is Detroit s business innovation hub. As the city s most established business accelerator and incubator, we provide a powerful connection to a broad network of resources, catalyzing entire communities of entrepreneurs best poised to energize the local economy. As Detroit reinvents itself, so TechTown works to reinvent Detroit.
3 Nexus of Detroit s Innovation District WHO WE ARE: WHERE TALENT, TECHNOLOGIES AND CAPITAL CONVERGE Home to entire communities of startups through acceleration, incubation, co-working and events Neighboring district assets: College for Creative Studies Detroit Creative Corridor Center Detroit Future City Henry Ford Health System Living Cities Integration Initiative NextEnergy Wayne State University LABS tech-based programs Labs Venture Accelerator Detroit Technology Exchange Incubation Tech commercialization BLOCKS place-based programs Blocks Retail Boot Camp SWOT City SPACE available workspace Offices & labs Junction440 (co-working) Meeting & event space
4 LABS We know tech. Programs supporting tech startups and the development, attraction and retention of tech talent 2013 LABS VENTURE ACCELERATOR This program turns early stage tech startups into sustainable, market-ready businesses DETROIT TECHNOLOGY EXCHANGE (DTX) Companies created $7.2 million 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 Companies served D-Venture: an executive-in-residence program Funding leveraged into companies served DTX Fellows: a fellowship program 119 Jobs retained 37 INCUBATION Customized support for tech startups TECH COMMERCIALIZATION Moving university and health system technologies to market Jobs created
5 BLOCKS We get Detroit. Programs transforming underserved neighborhoods into thriving economies and passionate retail entrepreneurs into savvy business owners BLOCKS RETAIL BOOT CAMP 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 Combines economic development and start-up acceleration strategies to transform Detroit s historically underserved neighborhoods into vibrant and dense communities $47.2 thousand Jobs created 118 Jobs retained 9 Funding leveraged into companies served 45 Companies created Companies served
6 SPACE Stay a while. The building OFFICE & LAB SPACE Commercial real estate for innovative Detroit businesses JUNCTION440 Co-working community offering Detroit entrepreneurs an affordable, flexible and collaborative work environment MEETING & EVENT SPACE Recently renovated first floor includes event space with seating up to 180; meeting, conference and training rooms; open, galley-style kitchen with café seating Built: 1927 Architect: Albert Kahn Floors: 5 Previous uses: Chevrolet Creative Services Bldg. Pontiac Services Dept. Get this: The Corvette was designed here
7 Energizing Detroit s Economy 2013 COMBINED IMPACT FOR TECHTOWN PROGRAMMING THE NUMBERS ARE TELLING Beyond education and encouragement, the numbers speak to a steadfast commitment to execute. Between 2007 and 2013: 90 Companies served 237 Jobs retained 19 Companies created Companies served Jobs created 55 Jobs created million follow-on funding secured by companies served $7.25 million Funding leveraged into companies served
8 MAJOR INVESTORS New Economy Initiative for Southeast Michigan U.S. Department of Housing & Urban Development U.S. Department of Health & Human Services Michigan Economic Development Corp. Engage /techtowndetroit Learn more Marjorie S. Fisher Endowment Fund of the Community Foundation for Southeast Wayne State University JPMorgan Chase Foundation Michigan Small Business Development Center The John S. and James L. Knight Foundation The Kresge Foundation 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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