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How Cities and States Can Encourage Startup Superclusters to Take Root
Route Fifty: WASHINGTON — Detroit’s revitalization, since filing for bankruptcy in 2013, has centered around the idea that startups are nothing without the right space to attract customers.
Nothing epitomizes the sentiment more than Motor City Match, a program offering $500,000 in grants each quarter to startups or expanding businesses looking to move into vacant commercial space in town.
Often building owners are holding out for the lessee, or entrepreneurs are unaware of how to negotiate the move, so Detroit operates as a mediator between the two parties.
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