WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT
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Wayne State University Research and Technology Park, operating as TechTown, is a nonprofit organization based in Detroit, focusing on economic development by empowering local startups and businesses through resources, collaborative workspace, and education. With an operating budget of $10.7 million and total revenue of $4.8 million for the 2024 filing year, TechTown is strategically positioned within the Woodward Technology Corridor SmartZone. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.techtowndetroit.org.
Mission Statement
TECHTOWN IS DETROIT'S ENTREPRENEURSHIP HUB. WE EMPOWER DETROIT-BASED STARTUPS AND LOCAL BUSINESSES BY PROVIDING RESOURCES, COLLARBORATIVE WORKSPACE AND EDUCATION FOR ENTREPRENEURS THAT WILL FURTHER ACCELERATE INCLUSIVE ECONOMIC DEVELOPMENT ACROSS DETROIT. TECHTOWN IS A 501 (C)(3) NONPROFIT AND IS LOCATED WITHIN THE WOODWARD TECHNOLOGY CORRIDOR SMARTZONE.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT’s budget?
In 2024, WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT reported an annual operating budget of around $10.7 million. More detailed financial information is available to registered users.
What causes does WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT support?
WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT supports work in Economic development.
Where does WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT operate?
WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT is headquartered in Detroit, MI.
Who funded WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT recently?
In 2024, WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT received grants from THE KRESGE FOUNDATION, WILLIAM DAVIDSON FOUNDATION, and COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN. More information on this organization’s funders is available to registered users.
What is the largest grant WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT received in 2024?
The largest grant to WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT in 2024 exceeds $2 million.
What is WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT’s reliance on government grants?
WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT relied on government grants for more than 60% of their total revenue in 2024.