Dear friends and supporters,
As we close out 2021, the world doesn’t look quite the
way we hoped it would. The virus continues to wreak havoc, and as a result, the
business services and support provided by TechTown are needed more than ever. I’m very proud to say that TechTown showed up in a big
way this year for entrepreneurs in Detroit.
We served 1,731 businesses from March 2020 through March
2021, and we didn’t stop there. Of those businesses owners, over half
identified as she/her/hers and 68% were Black or African American, showing that
we are taking major strides to be representative of Detroit. On top of that,
100% of our 313 STRONG clients kept their doors open through these trying
times. Check out last year's impact report if you haven't already, and keep an eye out for an updated report in the New Year.
Through federal grants, foundation and corporate support, alongside
donations from individuals like you, TechTown is in the best financial shape
we’ve experienced in years. Our hard work and commitment to diversity, equity
and inclusion earned us recognition as a finalist for Crain’s Detroit’s
Best-Managed Nonprofit. We also earned top honors from Charity Navigator and
the American Business Awards.
I invite you take a quick trip down memory lane, and
stay tuned in 2022 for TechTown’s strategic plan as we continue to create
community wealth and break cycles of intergenerational poverty. And don’t
forget to visit TechTown’s new online Marketplace to support local businesses
this coming year as you “shop, eat and do in Detroit.”
Happy New Year!
Ned Staebler and your TechTown family