Wayne State Univ Research & Technology Park In The City Of Detroit
Tech. Neighborhoods. We mean business.
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
2002
President & CEO
Ned Staebler
Main address
440 Burroughs
Detroit, MI 48202 USA
EIN
41-2061387
NTEE code
(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.
Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018.
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Communication
Programs and results
What we aim to solve
Our programs
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.
Technology-Based Programs
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.
Entrepreneurial Education
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.
Where we work
External reviews
Financials
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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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Wayne State Univ Research & Technology Park In The City Of Detroit
Board of directorsas of 11/18/2021
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
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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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
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
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