Unique initiative provides mentoring and capital to early-stage businesses, as well as learning opportunities for Macomb Community College’s students
WARREN, Mich., November 18, 2015 /3BL Media/ – Five early-stage companies from Macomb, Oakland, Washtenaw and Wayne counties will receive $300,000 in funding from the Innovation Fund Macomb Community College, Powered by JPMorgan Chase & Co.
If you drive through the City of Detroit, it’s almost a tale of two cities. There’s the city of business growth and revitalization, but there’s also the city of neighborhood blight and decades of decay.
Firm to Fund Swim Program for 216 Children with Special Needs
DETROIT, September 29, 2015 /3BL Media/ – The Sam Bernstein Law Firm has provided funding to the YMCA of Metropolitan Detroit’s “Detroit Swims” program, thanks to a unique partnership with CBS EcoMedia’s WellnessAd program. The Sam Bernstein Law Firm’s support will provide eight-week swimming lessons at the Boll Family YMCA for 216 children with physical and cognitive impairments from September 2015 through April 2016.
Eligible homebuyers can make an appointment now to reserve $15,000
DETROIT, Sept. 18, 2015 /3BL Media/ – Wells Fargo & Company (NYSE: WFC), NeighborWorks America® and its network member Southwest Solutions today announced the $5.25 million Wells Fargo HomeLIFT℠ program to help boost homeownership in the cities of Detroit, Dearborn, Hamtramck, Highland Park, and Livonia.
Nine JPMorgan Chase-financed Detroit housing, manufacturing, healthy food and retail projects open, break ground or expand in 2015
Detroit, September 17, 2015 /3BL Media/ – JPMorgan Chase & Co. today joined with partners from PK Housing, Midtown Detroit, Inc., Capital Impact Partners, Invest Detroit and Detroit Economic Growth Corporation in announcing the grand opening of the latest community development project in Detroit financed by the firm’s five-year, $100 million commitment to the city’s economic recovery. Rainer Court, at 711 West Alexandrine Street, adds 36 units of working professional and university student housing as well as 1,800 square feet of retail space in Detroit’s growing Midtown District.
Entrepreneurs of Color Fund will provide greater economic opportunity for small businesses that lack access to credit and primarily serve Detroit’s neighborhoods
DETROIT, September 15, 2015 /3BL Media/– The Detroit Development Fund (DDF), JPMorgan Chase & Co. and the W.K. Kellogg Foundation (WKKF) today announced a new $6.5 million lending program for Detroit businesses owned by entrepreneurs of color and businesses that primarily hire people of color. The Entrepreneurs of Color Fund will boost economic opportunity for minority-owned businesses in Detroit by providing them with greater access to capital and business assistance, allowing them to grow, hire local and further contribute to the city’s recovery.
Three-part New Global Citizen series examines how investment and volunteering are supporting Detroit’s urban renewal
For much of the 20th century, Detroit was a vibrant and globally-recognized manufacturing capital, a major driver of the U.S. economy. But over the past 40 years, Detroit ran out of jobs, people, and money. By 2013, the city was at a critical juncture and in June, filed for Chapter 9 bankruptcy, with estimated debts of more than $18 billion. Yet, despite these setbacks, the Motor City’s spirit of hard work and tenacity has never dimmed. Emerging from bankruptcy on December 11, 2014, Detroit prepared itself for a turnaround.