Stories from the new economy: TechTown

This video was created by our partner, the New Economy Initiative, and does not necessarily reflect the views of Model D Media.
When you run out of room to grow, you’re doing something right. That’s why TechTown, Detroit’s business growth center, renovated its facility at 44 Buroughs and is leading planning efforts for an innovation district in the neighborhood.  The idea?  Create a hotbed of innovation, a dwelling for serendipitous encounters, and a catalyst for the redevelopment of the TechTown district – attracting entrepreneurs, creatives, technologists, academics, influencers, innovators and beyond.

TechTown’s core programs- Retail Boot Camp, SWOT City, and TechTown Labs- are all doing wonders in helping entrepreneurs get their retail and tech startups off the ground. ”We’re trying to show Detroiters that entrepreneurship is a pathway to independence,” says Leslie Smith, CEO of TechTown. ”We are working with our partners in Midtown to convert this energy and activity into jobs.”

The grants to TechTown have been some of the most successful and visible that the New Economy Initiative has made. NEI has been the largest stakeholder in Tech Town since the two began their partnership in 2008, and it has yielded some pretty remarkable results.
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