TechTown will begin its own changes this winter with renovations to its first floor. The proposed plans will expand the current space and utilize the buildings existing windows for natural lighting. A variety of event spaces will be created, and each individual event space will house up-to-date technology capacities. The changes will also include a membership-based co-working space for entrepreneurs interested in sharing creative collaborative space or connecting with other organizations or businesses in the building. TechTown resident Centric Design Studio was asked to lead the architecture plans, and Patrick Thompson Design will lead the interior design project. The renovations are expected to conclude by the summer of 2013.
The entrepreneurial incubator is also in the process of launching three new programs aimed at small businesses: Labs, Blocks and SWOT City. The Labs program has three components that will be directed toward technology-centric startups in Detroit. There will be three, highly competitive components include Venture Accelerator, D-Venture and Launch Detroit. These have been created to encourage and develop Detroit-based start-up companies. The Blocks program is aimed to assist entrepreneurs launch retail or wholesale businesses in the city.
TechTown began working with entrepreneurs in the Brightmoor neighborhood during the fall of 2012 to coach and provide support to established businesses that are in need of assistance. The program, SWOT City, is designed to strengthen “small business districts in partnership with local community or economic development organizations.” SWOT, which stands for strengths, weaknesses, opportunities and threats, provides the opportunity for business owners to receive feedback on their business plan or receive advice on possible improvements from the entrepreneurial staff. SWOT City is also being implemented in New Center and Midtown.
At the end of January, TechTown’s website was re-launched after receiving a few changes. Details regarding the Labs and Blocks programs were released with the new website design. D3 is grateful to be a part of such a caring and innovative community!