How Detroit’s new startup fund is helping local tech businesses grow

Detroit is launching its first startup fund to retain talent and support local tech companies, offering over $1 million in grants. The fund includes 20 grants of $15,000 and six of $50,000, with applications open until August 25. Sean Gray of the Detroit Economic Growth Corporation and Crystal Brown of biotech startup Circnova highlighted the fund's role in fostering innovation and advancing health technologies.