Wayne State University

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Wayne State University

Public Relations

Media Report

November 12, 2012

Talk of the TechTown

http://www.modeldmedia.com/features/techtown1112.aspx

An article features Wayne State University’s Tech Town. Leslie Smith, TechTown CEO, comments extensively in the piece. She sees economic development in basic terms, as "largely a series of deals." Smith says they’re forging a balance between the protection that incubators provide and the independence that startups need to acquire. "They like it here, but if you just let them stay indefinitely, it’s like having a bunch of 40-year-olds in your basement." They need to move on. So she is working on alumni networks to fan the collaborative embers even as startups leave the nest.

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