Laying foundations for entrepreneurship

Dennis Archambault / Model D Friday, May 04, 2012

Behind every start-up entrepreneur is a risk-tolerant investor. In Detroit, that’s likely to be the Detroit Development Fund, which has provided loans for small businesses like Astro Coffee and Good Girls Go to Paris. Dennis Archambault adds up the details.

Limiting Transit Options Limits Opportunities For Kids

Jon Zemke / Concentrate Friday, May 04, 2012

In the conversation about mass transit and whether or not we develop a county-wide service one type of rider often gets overlooked - kids. What do limited transportation options mean for students without easy access to after-school activities and programs? What about the car-less volunteers who can't reach those who need help the most?

"New" economy should leave no one out

Sarah Szurpicki / Model D Friday, May 04, 2012

One quarter of our regional population is African-American but only 2 percent of our gross regional product comes from African-American owned businesses. The America21 Project aims to change that number, says Global Detroit's Sarah Szurpicki.

StartGarden Sows the Seeds of Entrepreneurship

J. Bennett Rylah / Concentrate Friday, May 04, 2012

From ArtPrize to the seed accelerator Momentum to the web business incubator Pomegranate Studios, Grand Rapids-based Rick Devos has created an impressive farm team of entrepreneurial enterprises focused on strengthening Michigan's economic ecosystem. His latest creation, StartGarden, gets both professionals and the public behind projects with the potential to blossom into successful businesses.

News

Wayne State looks to bridge research and entrepreneurs with new bio-tech building
Source: Model D
Northville-based DataFactZ creates 85 jobs on double-digit growth
Source: Metromode
Quicken Loans to hire 1,000 this summer, mostly in downtown
Source: Model D
Stout Systems facilitates 39 new jobs in high-tech industries
Source: Concentrate
Level One Bank adds 50 to its staff, focuses on small biz lending
Source: Metromode
Ultra Electronics AMI looks to add 5 people to growing staff
Source: Concentrate
Urban Partnership Bank opens 10-person branch in Midtown
Source: Model D
Nuspire Networks hires 20 as it scales business in Commerce
Source: Metromode
Enlighten adds 5 people as it continues growth in digital marketing
Source: Concentrate

Farmington Hills-based Mango Languages adds 20 jobs, grows internationally
Source: Metromode
STEL Technologies wins SPARK Boot Camp with ACL tissue graft
Source: Concentrate
Villagers turn healthy living philosophy into Detroit Vegan Soul biz
Source: Model D
Saline's Eco-Fueling uses microloan to test fuel-efficiency prototype
Source: Concentrate
DASI Solutions moves to new HQ in downtown Pontiac
Source: Metromode
Testify Communications brings mobile tech to nonprofits
Source: Model D
Arbormoon expands thanks to comprehensive mobile marketing
Source: Concentrate
Short's Brewing opens production facility in Wixom
Source: Metromode
New U-M stem cell line looks to tackle Charcot-Marie-Tooth disease
Source: Concentrate

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Sectors

Creative Sector

Wednesday, August 11, 2010

People like to call Detroit a blank canvas ripe for the painting. That helps explain why countless numbers of creatively inclined people are leaving their mark here. Artists, musicians and entrepreneurs of all stripes are coming here for the chance to try something new, the freedom to make it happen and the cost-effectiveness to try, try again.

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Organization

New Economy Initiative

City:

The New Economy Initiative for Southeast Michigan was launched in 2008 as a unique philanthropic initiative aimed at helping to restore southeast Michigan to a position of leadership in the new global economy. It is committed to increasing prosperity and expanding opportunity for all residents and communities in the region. Ten national and local foundations have committed $100 million to this eight-year initiative to accelerate the transition of metro Detroit to an innovation-based economy.