Tech Town lands $2.5M grant

In an attempt to start competing with technology oriented cities, Dayton will finally be constructing the first building in Tech Town.  Wednesday night they received $2.55 million from the United States Economic Development Administration.  They will be building the Creative Technology Accelerator.  The building with hold five to seven businesses and be between 5,000 and 10,000 square feet.

Link: Tech Town lands $2.5M grant from the Dayton Business Journal
by Yvonne Teems
Dayton Business Journal

The Tech Town project will receive a $2.5 million grant to help construct its first building.

The city of Dayton at its commission meeting Wednesday night accepted the $2.55 million grant from the United States Economic Development Administration and will use it to build the Creative Technology Accelerator. ...

...The grant will cover 50 percent of the project, and the city and CityWide Development Corp., part of the city's economic development arm that's managing the park, will find the rest of the necessary funding by the end of the year...