In making their case that venture capitalists are taking an ever-greater interest in Rust Belt innovations, Detroit's TechTown gets held up as a promising feature of the conomic landscape.
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"One of the plan's greatest benefits could be a chance for smaller cities or cities with negative reputations to showcase their accomplishments to the country's stakeholders, said Leslie Smith, president and CEO of startup incubator TechTown in Detroit.
Noting that the Michigan city is "light years ahead of where it was five years ago," she said Detroit has a goal of transforming its image similar to how Pittsburgh has on the national level."
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