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A little more than three years ago, Jason Brown started PublicCity PR out of his home in Beverly Hills. Today, he has grown it to the point that working from home no longer makes sense, forcing him to move his public relations firm and its small team of independent contractors into its first office...
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Relume Technologies has closed a venture capital round worth $7 million, with Beringea leading the round. The Farmington Hills-based venture capital firm, the largest in Michigan, will invest $3.2 million of the $7 million into the LED light maker. Silicon Valley-based Western Technology Investment...
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More money is coming into Michigan's venture capital game, thanks to multi-million-dollar matches from the new Pure Michigan Venture Match Fund. "The Michigan Venture Match Fund will help foster the success of innovative companies with the potential for high growth in Michigan by investing...
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Eighteen months ago, Detroit Dirt consisted of the ambition of a couple of young people who wanted to make better use of what Detroiters throw away. Today, it's a small group of entrepreneurs growing a sustainable business by composting more and more of Motor City's bio-degradable waste....
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Internships are starting to gain some significant traction in downtown Detroit, a phenomenon that promises to bring hundreds if not thousands of young people to the city this year. Driving this growth are some major corporate stakeholders in downtown planning to offer hundreds of internships....
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Gamer Saloon recently moved its headquarters from Southfield to downtown Royal Oak, a move that should facilitate significant growth for the video-game networking company. The six-year-old firm recently hired three people, expanding its staff to eight employees and four interns. Its new office has...
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The student-led start-ups that have the best chance of success are those that become fixtures in the local startup scene. The co-founders of the likes of Are You a Human and ReGenerate (both started by University of Michigan students and winners of multiple business plan competitions) became...
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Digital 10 Media, a branding company, has enjoyed a 10 percent revenue increase, allowing it to hire seven people over the last two years. Helping propel this is the development of new programs, such as Get Healthy! Michigan. The program focuses on promoting wellness and building healthier...
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Public art in Detroit is becoming more visible now that a billboard project by a group of local artists and entrepreneurs is standing vigil over I-94 in Midtown. The painting, titled "The Rebuild," features a trio of futuristic sibling laborers inspired by Ford, Chrysler & GM...
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A couple of brothers are turning a passion into Reink Media Group. Blain and Brandon Reinkensmeyer co-founded the Troy-based online media company that specializes in day trading investing three years ago. Today, it's their full-time job. Reink Media Group owns and operates StockBrokers.com,...
What is the New Economy Initiative?
Executive Director David O. Egner provides a brief overview of NEI's efforts to foster entrepreneurialism and employment in southeast Michigan.
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Entrepreneur Profile
New Economy Initiative for Southeast Michigan
333 West Fort Street · Suite 2010 · Detroit, MI 48226-3134
Phone 313.961.6675 · Email neweconomyinitiative@cfsem.org · Fax 313.961.2886
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