Media Report
March 4, 2012NEI crafts program to boost tech
http://www.crainsdetroit.com/article/20120304/SUB01/303049968/nei-crafts-program-to-boost-tech
The New Economy Initiative (NEI) has embarked on an ambitious 10-year program called the Regional Innovation Network to boost high-tech development and job creation in Southeast Michigan, with a particular emphasis on Detroit's Midtown. NEI Executive Director David Egner said the initiative -- designed to connect the dots of innovation, from the riverfront to Ann Arbor and East Lansing -- will make at least $30 million in grants to an array of organizations. Wayne State University’s technology transfer office and TechTown are among the organizations approved for grants so far. In addition, NEI will make a grant, yet to be determined, that will create what is called the High Tech Accelerator inside TechTown, a move designed to get TechTown back to its original mission of incubating emerging tech companies.
The New Economy Initiative (NEI) has embarked on an ambitious 10-year program called the Regional Innovation Network to boost high-tech development and job creation in Southeast Michigan, with a particular emphasis on Detroit's Midtown. NEI Executive Director David Egner said the initiative -- designed to connect the dots of innovation, from the riverfront to Ann Arbor and East Lansing -- will make at least $30 million in grants to an array of organizations. Wayne State University’s technology transfer office and TechTown are among the organizations approved for grants so far. In addition, NEI will make a grant, yet to be determined, that will create what is called the High Tech Accelerator inside TechTown, a move designed to get TechTown back to its original mission of incubating emerging tech companies.
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