Kresge Gives $800K For TechTown Expansion

4/18/10

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.

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