Now in its second year, this national sponsorship grew out of Chase’s title role in Denver Startup Week, the largest free entrepreneur event in North America. Startup Week, under the guidance of Techstars, brings entrepreneurs, local leaders, and friends together over five days of free programming, speakers, education and networking to build momentum and opportunity around a community’s unique entrepreneurial identity.

"A city's level of entrepreneurship can be a good indicator of its long-term economic success," said JPMorgan Chase Chairman and CEO James Dimon. "I have no doubt Detroit Startup Week will quickly become the annual event to spotlight the resurgence of entrepreneurial activity - something I see every time I visit. Visionary entrepreneurs built Detroit, and today's enterprising community is central to its comeback."

The expanded sponsorship was announced today at the University of Colorado Boulder at an event called “Entrepreneurs Unplugged,” where Dimon spoke alongside Techstars’ founder Brad Feld.