Retail growth program recognized as an innovator

Downtown Kalamazoo Inc. was named a 2010 Innovation Michigan award winner by Business Review West Michigan.

The award recognized DKI's retail-incubation program.

Excerpt:

DKI, a private not-for-profit organization contracted by Kalamazoo's Downtown Development Authority, launched the retail incubation program in 2009 to help create new shops in Kalamazoo's central business district.

Three stores on the South Kalamazoo Mall have opened thanks to the program, which provides business training, mentoring and subsidized rent for 18 months, said Rob Peterson, DKI's director of business recruitment and retention. A fourth store is planning to open this fall.

For a list of the other seven winners please read the rest of the story.

Source: Kalamazoo Gazette


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