12/04/2012 11:09 am ET Updated Dec 04, 2012

TechTown Takes Business Acceleration Services to Brightmoor Neighborhood

The TechTown business incubator, which is affiliated with Wayne State University in Detroit, announced last month that it has received a $150,000 grant from the Marjorie S. Fisher Endowment Fund to support its efforts in the Brightmoor neighborhood in far Northwest Detroit. One reason this is notable is that it represents the first time a tech-centered business incubator has deliberately and significantly engaged with entrepreneurs in a neighborhood outside of the downtown-Midtown “technology corridor.”

Leslie Smith, president and CEO of TechTown, says that healthy small businesses in the neighborhoods of Detroit are critical to urban revitalization efforts in the city as a whole. Smith told Xconomy earlier this year that her goal was to eventually make TechTown’s business coaching services available to entrepreneurs across the city.

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