TechTown is growing its staff as it prepares to service hundreds of more start-ups at the business incubator.
The economic development agency recently hired four people to handle everything from communications to facilities management. Randal Charlton, executive director of TechTown, expects to bring on another 15 people within the next 18 months. These hires will allow TechTown to facilitate the creation of another 400 start-ups through the
New Economy Initiative.
“This requires us to scale up our programs dramatically,” Charlton says.
That scale up is also expected to include the build out of 2-3 other nearby buildings to accommodate that growth.
TechTown is partnering with the New Economy Initiative and the
Ewing Marion Kauffman Foundation to create between 400-500 start-ups over three years. The
New Economy Initiative is making $9.25 million in direct cash investment available while the Kauffman Foundation will provide expertise to help the transition, such as staff, materials and its FastTrac and Urban Entrepreneurship Partnership programs.
Source: Randal Charlton, executive director of TechTown
Writer: Jon Zemke
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