Articles

  • Apply by April 1 for Adams Entrepreneur Fellowship, hosted by Automation Alley

    TROY — As host organization for the Adams Entrepreneur Fellowship Program, Automation Alley, Michigan’s largest technology business association, is once again encouraging recent college and university graduates to apply for achance to be matched with a growing early-stage company in the region.

    The Adams Entrepreneur Fellowship provides opportunities for fellows to engage with early-stage companies at the management level with mentoring support from company management and the program coordinators in a highly entrepreneurial experience.

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  • How A Young Community Of Entrepreneurs Is Rebuilding Detroit

    There's big money behind Detroit's bet on entrepreneurs as well: not from the government, and not from the auto manufacturers, even as they recover from their near-death experiences.

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  • New seed stage fund launches, targets young tech companies

    A new seed-stage fund called Detroit Innovate, which intends to help launch technology companies in Southeast Michigan and invest in existing young companies, is scheduled to be announced today. The fund has received $5 million from the New Economy Initiative for Southeast Michigan and hopes to raise at least $10 million from other state foundations.

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  • Blackstone LaunchPad Entrepreneur Training and Support

    Blackstone LaunchPad entrepreneur training and support is helping students at Wayne State University build viable businesses while still in college.

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  • Accelerate Michigan competition delivers more than cash for winners

    Accelerate Michigan competition delivers more than cash for winners
    Accompanying Accelerate Michigan will be an invitation-only event on Thursday for chief investment officers, managers of pension funds and corporate investments, as well as CFOs.

    Crain's Detroit Business is hosting the event with Pensions & Investments, also owned by Crain Communications Inc., which will present an exclusive report on alternative investments. An investment manager panel will offer reactions.

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  • Algal Scientific wins $500K in Accelerate Michigan Innovation competition

    Algal Scientific Corp., a biotechnology company that has developed a process for creating a byproduct from algae to be used as a food supplement for livestock, won the first-place prize of $500,000 Thursday night in the third annual Accelerate Michigan Innovation Event at Orchestra Hall in Detroit.

    The second-place award of $100,000 went to NanoMAGcq LLC of Ann Arbor, with InPore Technologies Inc. of East Lansing getting the third-place prize of $50,000.

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  • Talent partners awarded $2.19 million federal grant to grow regional contract manufacturing base in Southeast Michigan

    DETROIT- Partners including the Workforce Intelligence Network for Southeast Michigan (WIN), Detroit Regional Chamber, Michigan Manufacturing Technology Center, and National Center for Manufacturing Sciences, were awarded $2.19 million over three years through the federal Jobs and Innovation Accelerator Challenge for Advanced Manufacturing.

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  • NextEnergy awarded $750,000 Advanced Energy Innovation Center grant

    Grant ensures Southeast Michigan a continued competitive advantage

    Detroit, MI – September 17, 2012 – NextEnergy announced that it has been awarded a $750,000 grant from the U.S. Economic Development Administration that will fully position NextEnergy as an Advanced Energy Innovation Center for Southeast Michigan.  As an Innovation Center, NextEnergy will provide an applied research facility that bridges the gap between research and development and production of advanced energy technologies in a variety of fields.

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  • Global Detroit: ProsperUS sparks microenterprise in three Detroit communities

    “New immigrants have been the lifeblood of American cities for our entire history,” said former state representative and majority floor leader Steve Tobocman. “A resurgence in American immigration rates in the last 20 years has reversed decades of population decline in many of the Midwest’s and Northeast’s largest cities (e.g. Boston, New York, Chicago).

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  • JumpStart, NEI Plan New High Tech Accelerator in Detroit

    JumpStart Inc., a Cleveland-based nonprofit focused on entrepreneurship and economic development, will team with the New Economy Initiative (NEI) to open a new high-tech accelerator in Detroit, says NEI executive director David Egner.

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What is the New Economy Initiative?

Strategic investments and regional collaboration are helping the New Economy Initiative and partner organizations promote economic revitalization in southeast Michigan.

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