Troy University Innovation, Design and Entrepreneurship Accelerator (2017), located in the former Regions Bank building on the square in downtown Troy, the building was purchased by the Troy University Foundation and will house an initiative of the Sorrell College of Business aimed at cultivating and supporting student entrepreneurs who will launch business ventures in collaboration with faculty, fellow students and mentors from the community. The building will house the new TB&T Entrepreneurship Program, an interdisciplanry Entrepreneurship Minor designed to provide students with a strong understanding of business and entrepreneurship theory, practices and applications.