Granting. Convening. Changing a culture 70 years in the making.
The New Economy Initiative is a special project and multi-million dollar fund of the Community Foundation for Southeast Michigan
It was also built in the face of a market failure not seen in our lifetime and a culture that had either forgotten or lost faith in its ability to generate the ideas and businesses of tomorrow.
Through smart investments from a portion of its initial $100 million, the NEI has continued to narrow its focus towards helping transform Southeast Michigan by building a network of support for entrepreneurs and small businesses.
That means supporting the service providers – from those providing technical assistance like business planning and concept testing, to those providing capital and beyond – that help businesses grow and thrive, while connecting them to each other and the people they serve. That means creating new companies, jobs and additional dollars of investment along the way. Ultimately, that means building a more diverse economy where jobs and prosperity are available for all.