Detroit

Macomb Innovation Fund Awards $300,000 to Five Detroit-area Technology-focused Startups

Unique initiative provides mentoring and capital to early-stage businesses, as well as learning opportunities for Macomb Community College’s students
Press Release

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.  

A Comeback Tale of Two Cities

by Heidi Magyar
Blog

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.

The Sam Bernstein Law Firm Supports Special Needs Swim Program For YMCA of Metropolitan Detroit Youth

Firm to Fund Swim Program for 216 Children with Special Needs
Press Release

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.

Turning Up the Heat on Energy Efficiency

U of M student reflects on experience as EDF Climate Corps fellow at GM
Blog

I was already level with the roof on a ladder when my General Motors supervisor pointed out the irony of my situation. As an Environmental Defense Fund Climate Corps Fellow, I was destroying the homes of the young maple tree seedlings trying to grow in the rain gutter of a Detroit home.

Education is Key to Closing Opportunity Gap

Guest blog by Mark Davidoff, Deloitte LLP and Clark Durant, Cornerstone Schools
Article

While many civic leaders, businesses and entrepreneurs have positioned Detroit for the comeback we are now witnessing, the next great frontier is education. 

The Sam Bernstein Law Firm and YMCA to Celebrate Program for Swimmers with Special Needs

The Sam Bernstein Law Firm President Mark Bernstein and YMCA of Metropolitan Detroit President and CEO Scott Landry are scheduled to participate and speak
Press Release

September 21, 2015 /3BL Media / - MEDIA ALERT/PHOTO OPPORTUNITY

WHO: The Sam Bernstein Law Firm; YMCA of Metropolitan Detroit; CBS EcoMedia, kids and youth who participate in “Detroit Swims”

Wells Fargo HomeLIFT Program to Help Detroit, Five Wayne County Cities

Eligible homebuyers can make an appointment now to reserve $15,000
Press Release

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.

JPMorgan Chase Celebrates Opening of the Latest Community Development Project Financed by $100 Million Commitment to Detroit’s Recovery

Nine JPMorgan Chase-financed Detroit housing, manufacturing, healthy food and retail projects open, break ground or expand in 2015
Press Release

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.

JPMorgan Chase, Detroit Development Fund and the W.K. Kellogg Foundation Announce $6.5 Million Loan Fund for Detroit’s Minority-Owned Small Businesses

Entrepreneurs of Color Fund will provide greater economic opportunity for small businesses that lack access to credit and primarily serve Detroit’s neighborhoods
Press Release

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.

Corporate Investment and Volunteering Help Fuel Detroit’s Renaissance

Three-part New Global Citizen series examines how investment and volunteering are supporting Detroit’s urban renewal
Article

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.

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