Kresge Gives $800K For TechTown Expansion

TechTown, a Detroit business incubator, has received an $800,000 grant from The Kresge Foundation to renovate the former Dalgleish Cadillac dealership on Cass Avenue into TechTwo, which will house more incubator space. The grant gives up to $650,000 for the renovation. The Kresge Foundation, which supports nonprofits in Metro Detroit, gave $1.5 million to TechTown in 2007 to support the now-full TechTown One building near the campus of Wayne State University.

Author: Howard Lovy

Howard Lovy is a veteran journalist who has focused primarily on technology, science and innovation during the past decade. In 2001, he helped launch Small Times Magazine, a nanotech publication based in Ann Arbor, MI, where he built the freelance team and worked closely with writers to set the tone and style for an emerging sector that had never before been covered from a business perspective. Lovy's work at Small Times, and on one of the first nanotechnology-themed blogs, helped him earn a reputation for making complex subjects understandable, interesting, and even entertaining for a broad audience. It also earned him the 2004 Prize in Communication from the Foresight Institute, a nanotech think tank. In his freelance work, Lovy covers nanotechnology in addition to technological innovation in Michigan with an emphasis on efforts to survive and retool in the state's post-automotive age. Lovy's work has appeared in many publications, including Wired News, Salon.com, the Wall Street Journal, The Detroit News, The Scientist, the Forbes/Wolfe Nanotech Report, Michigan Messenger, and the Ann Arbor Chronicle.