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Start Up City

Detroit has young companies, including Venture capital! Ok, so you probably realized that just walking around, but here is an encouraging figure: Since the TechTown business incubator began hosting just one company in September 2007, it has grown to hosting nearly 300 companies. "Our absolute biggest challenge for the future is going to be keeping talent in Detroit," says TechTown president Leslie Smith. "We see some young people get educated here and then leave. It's getting better, but it shouldn't be happening at all." []