DETROIT – The US Economic Development Administration’s Office of Innovation & Entrepreneurship is awarding TechTown Detroit a grant of $400,000 to unlock angel capital and diversify angel investing throughout Michigan and the Great Lakes region. The grant is part of the Build to Scale Program, which aims to accelerate technology entrepreneurship by increasing inclusive access to business support and startup capital.
“The Build to Scale Program strengthens entrepreneurial ecosystems across the country that are essential in the Biden Administration’s efforts to build back better,” said Secretary of Commerce Gina M. Raimondo. “This work is critical in developing the innovation and entrepreneurship our country needs to build back better and increase American competitiveness on the global stage.”
