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News from Detroit

TechTown awards ceremony to recognize excellence in entrepreneurship

TechTown Detroit, a business incubator located in New Center, has done a lot to support entrepreneurship since opening its doors in 2004. And at The Salute! Awards, which takes place on October 13 at TechTown, they'll recognize a few of those standout entrepreneurs.

This year's winner of the "Entrepreneur of the Year" award will be given to Sean Ainsworth, CEO and founder of RetroSense Therapeutics, a biotech company that develops "life-enhancing gene therapies" based on research conducted at Wayne State University. Ainsworth and the company have received numerous accolades in the past, including being named one of the "50 Smartest Companies in the World" by MIT Technology Review.

The ceremony will recognize other people who've contributed to Detroit's business ecosystem. James Feagan IV will receive the "Business Champion of the Year" award for his consulting work with NEIdeas, Motor City Match, and more. Three current or former TechTown clients will receive Lab (technology) and Block (neighborhood) awards as well.

The finalists for the awards were nominated by a committee of "leaders in the startup and small business community."

"There is so much happening in Detroit's entrepreneurship and small business community, we could have given a hundred of these awards," says Ned Staebler, president and CEO of TechTown, in a press release.

Food, dessert, and drinks from local businesses will be served at the event.

The Salute! Awards will be presented at TechTown’s annual Toast of the Town celebration of entrepreneurship on Thursday, October 13 from 6:00 to 9:00 p.m. at TechTown, 440 Burroughs, in Detroit.
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