Thanks to a $1 million grant from the Michigan Strategic Fund, Detroit business incubators Bizdom and TechTown are partnering with Invest Detroit on a new initiative called the Detroit Technology Exchange (DTX). DTX will consist of programs geared toward strengthening Detroit’s entrepreneurial ecosystem, attracting and retaining talent, and getting investment money flowing through the local startup pipeline.
“The Detroit Technology Exchange partners are coming together to solve Detroit’s macroeconomic challenges, instead of saying we’re partners and taking a chunk of money and then going our own separate way again,” explains Leslie Smith, TechTown’s president and CEO. “The talent and pipeline were needs we all agreed on.”
To read the original article: Bizdom, TechTown, Invest Detroit Launch $1M Technology Exchange | Xconomy
