GREEN BAY, Wis. – The Green Bay Packers and Microsoft have launched TitletownTech, a partnership aimed at boosting economic expansion in the state’s Fox River Valley and beyond by bringing world-class digital innovations and expertise to Green Bay. Operating from a state-of-the-art work space in the Titletown development next to Lambeau Field, TitletownTech will help the region’s emerging and existing businesses, including health care startups, define and build new digital products, transform their operations through technology, and in some cases, provide capital to launch new ventures. “Economic development is the key to our region’s future, and Microsoft, with its array of tools and expertise will help grow new businesses, as well as assist our existing companies to use technology to realize greater success,” said Mark Murphy, president and CEO of the Green Bay Packers, in a statement. Microsoft and the Packers are each planning to commit $5 million in TitletownTech over the next five years, and have pledged to donate all profits and capital returns from the venture capital fund to philanthropy and economic development. The new building that will house TitletownTech will open next fall. Microsoft’s participation in TitletownTech is part of the company’s TechSpark program, which is developing new digital initiatives in six local U.S. communities outside major metropolitan cities to foster job creation and economic growth.
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