Wayne State Univ Research & Technology Park In The City Of Detroit
Wayne State Univ Research & Technology Park In The City Of Detroit
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About this organization
Mission
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.
About
BUSINESS UNITS AND PROGRAMSLABS - TECHNOLOGY-BASED PROGRAMMING LABS VENTURE ACCELERATOR: HIGHLY COMPETITIVE, BOOT-CAMP STYLE PROGRAM HELPS SHOW ENTREPRENEURS HOW TO TURN THEIR EARLY STAGE TECHNOLOGY-BASED STARTUPS INTO SUSTAINABLE, MARKET-READY BUSINESSES.DETROIT TECHNOLOGY EXCHANGE (DTX): PROGRAMMATIC PARTNERSHIP DESIGNED TO RECRUIT AND GROOM TALENT FOR TECH ENTREPRENEURSHIP AND CONVERT INNOVATIVE TECHNOLOGIES INTO DETROIT STARTUPS. PARTNERS: TECHTOWN, GRAND CIRCUS, INVEST DETROIT AND THE DETROIT CREATIVE CORRIDOR CENTER.TECHNOLOGY COMMERCIALIZATION: TECHTOWN EVALUATES AND ROADMAPS THE COMMERCIALIZATION POTENTIAL OF UNIVERSITY OR HEALTH CARE SYSTEM-DEVELOPED TECHNOLOGIES; HIGH POTENTIAL TECHNOLOGIES TRANSITION INTO TECHTOWN PROGRAMS.START-UP INCUBATION: TECHTOWN'S INCUBATION PROGRAM CUSTOMIZES SUPPORT BASED ON EACH TECH STARTUP'S UNIQUE BUSINESS NEEDS. STARTUPS HAVE A BUSINESS MODEL THAT'S BASED ON DEMONSTRATED CUSTOMER NEED AND A TECHNOLOGY IN THE EARLY PROTOTYPE STAGE.BLOCKS - PLACE-BASED PROGRAMMINGBLOCKS 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 DISTRICTSWOT CITY: COMBINES ECONOMIC DEVELOPMENT AND START-UP ACCELERATION STRATEGIES TO TRANSFORM DETROIT'S HISTORICALLY UNDERSERVED NEIGHBORHOODS INTO VIBRANT AND DENSE COMMUNITIESSPACE - REAL ESTATE PROGRAMMINGOFFICE AND LAB SPACE: COMMERCIAL REAL ESTATE FOR INNOVATIVE DETROIT BUSINESSESJUNCTION440: CO-WORKING COMMUNITY OFFERING DETROIT ENTREPRENEURS AN AFFORDABLE, FLEXIBLE AND COLLABORATIVE WORK ENVIRONMENTMEETING AND EVENT SPACE: RECENTLY RENOVATED FIRST FLOOR INCLUDES EVENT SPACE WITH SEATING UP TO 180; MEETING, CONFERENCE AND TRAINING ROOMS; OPEN, GALLEY-STYLE KITCHEN WITH CAFE SEATING"
Interesting data from their 2019 990 filing
The purpose of the non-profit is outlined in the filing as “To accelerate economic growth in detroit by growing strong businesses and driving regional collaboration.”.
When discussing its operations, they were defined as: “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. techtown is a 501(c)(3) nonprofit and is located within the woodward technology corridor smartzone.”.
- The state where the non-profit operates has been legally reported as MI.
- The filing indicates that the non-profit's address in 2019 is located at 440 BURROUGHS, DETROIT, MI, 48202.
- The non-profit has reported 35 employees on their form as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,081,289.
- The organization has 30 independent voting members.
- The organization was formed in 2000.
- The organization pays $2,132,671 in salary, compensation, and benefits to its employees.
- The organization pays $199,676 in fundraising expenses.
Additional Non-Profits in the area
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