Wayne State Univ Research & Technology Park In The City Of Detroit

Tech. Neighborhoods. We mean business.

aka TechTown Detroit   |   Detroit, MI   |  https://techtowndetroit.org/

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.

Ruling year info

2002

President & CEO

Ned Staebler

Main address

440 Burroughs

Detroit, MI 48202 USA

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EIN

41-2061387

NTEE code info

(Economic Development) (S30)

Employment Procurement Assistance and Job Training (J20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Small Business Services

Retail Boot Camp (RBC)
An intensive, 12-week course with postgraduate coaching for entrepreneurs preparing to open a brick-and-mortar business in Detroit. RBC helps strengthen local businesses looking to thrive in today’s retail environment from pop-up stage to permanent location.
The SHOP
A monthly pop-up marketplace helping local entrepreneurs build skills and connect to new customers. Vendors receive support from TechTown strategists in technology, inventory management, merchandising,
sales and operations.
313 STRONG
Customized, one-on-one coaching for small businesses in Detroit, Hamtramck and Highland Park. TechTown strategists work with business owners for up to six months to build skills in finance, marketing and management and reach growth goals to increase revenue, create jobs and access capital.
Capital Access
Preparation assistance and lender referrals for first-time and repeat borrowers through one-on-one consultation and dedicated coaching, in partnership with local CDFIs.

Population(s) Served
Adults

Start Studio
Intensive idea validation for emerging founders with a tech-based business idea they want to test in the real world. This two-part program consists of online workshops/meetings and individualized
coaching to help participants build revenue-generating prototypes.
Incubator
A 90-day program of individualized coaching and hands-on assistance for revenuegenerating tech businesses preparing to scale their operations. Incubator focuses on strengthening sales, marketing, analytics, accounting and project management systems and processes.
Capital
An eight-week course for tech-based Southeast Michigan companies with a unique value proposition to increase knowledge about and access to capital. This program serves companies that raised less than $500,000 in private sector equity/revenue in the last year.
Traction
A highly focused program to help tech startups with a revenue-generating MVP establish their path to recurring, predictable revenue.

Population(s) Served
Economically disadvantaged people
Adults

Strategy Sessions
One-on-one consultations with TechTown business strategists to discuss roadblocks and goals. Entrepreneurs will be directed to programs, resources and experts at TechTown and across Southeast Michigan’s network of business service organizations.
Ask an Expert
One-on-one guidance from industry experts in our Professional Services Network tailored to the specific needs of each entrepreneur. Experts answer questions about human resources, marketing, finance, legal issues, business operations and technology.
Training Series
Workshops covering business fundamentals and hot-button issues led by local and national experts. Topics are geared toward the needs of early- to growth-stage tech and small business entrepreneurs and include increasing revenue, connecting with new customers, accessing capital, and optimizing
operations with systems and technology.

Population(s) Served
Adults

Where we work

Financials

Wayne State Univ Research & Technology Park In The City Of Detroit
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Wayne State Univ Research & Technology Park In The City Of Detroit

Board of directors
as of 11/18/2021
SOURCE: Self-reported by organization
Board chair

Dr. M. Roy Wilson

President, Wayne State University

Jamila Thompson

EY

Carla Walker-Miller

Walker-Miller Energy Serivces

Charles Burke

The War Memorial

Christopher Rizik

Renaissance Venture Capital

Dana Thompson

University of Michigan Law School

Fredrick Molnar

Michigan Economic Development Corporation

Hector Hernandez

Southwest Economic Solutions

Jill Ford

Toyota AI Ventures

Jim Saber

NextEnergy

Gene Barber

Henry Ford Health System

Patricia Glaza

Invest Detroit

Mike Rafferty

New Detroit

Robert Forsythe

Wayne State University

Kevin Johnson

Detroit Economic Growth Corporation

Shannon Smith

Siebert Williams Shank

Terri Lynn Land

Wayne State University Board of Governors

Camilo Serna

DTE Energy

Tonya Matthews

International African American Museum

William Decatur

Wayne State University

Anika Goss Foster

Detroit Future City

Jason Aeschliman

PwC

Jason Tinsley

JP Morgan Chase

Jonathan Rumley

Accenture

Lisa Hardy

Blue Care Network

Ned Staebler

TechTown Detroit

Portia Powell

Huntington National Bank

Sonal Ramrakhiani

Tata Technologies

Lisa Prasad

Henry Ford Health System

Tosha Tabron

The Kresge Foundation

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 11/18/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data