© 2021 MICHIGAN RADIO
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Education
On this page you'll find all of our stories on the city of Detroit.Suggest a story here and follow our podcast here.

TechTown business incubator program to get grant extension

A Techtown building in Detroit
Andrew Jameson
/
Wikimedia Commons

Grant funding is being extended for a program in Detroit that supports a business startup accelerator for students.

TechTown's Detroit Technology Exchange Business Incubator will receive a $250,000 extension. The funding is part of more than $1.7 million in extensions approved by the Michigan Strategic Fund.

The TechTown program also supports an entrepreneur-in-residence placement program and integrated ecosystem services.

Automation Alley's 7Cs program will get $500,000 in extensions. The program is aimed at accelerating the growth of small businesses and startups across Michigan, with a specific emphasis on advanced manufacturing startups.

The rest will go to the Gatekeeper Business Incubator grant for Lawrence Technological University and the 2015 and 2016 Business Incubator Gatekeeper grants for a number of SmartZones across the state.