20Fathoms Awarded $250,000 Grant – 9 & 10 News

20Fathoms of Traverse City has received a $ 250,000 grant from the Michigan Department of Labor and Economic Opportunity – Workforce Development.

20Fathoms is a technology and entrepreneurship startup incubator based in northern Michigan. The grant will be used to grow and expand the startup’s tech learning community program, which started in 2019.

“To have a community development and staff development function; the fact that 20Fathoms can be the catalyst that can grow and deliver results, ”said Eric Roberts, Executive Director of 20Fathoms. “That only helps us in the long run because we are building a solid employee and talent base here. That helps us attract more companies and they are eager to bring their startup to Traverse City. “

20Fathoms will also work with community partners to meet the need for skilled technicians in the area.

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