Topics Under Tag: "Detroit"

Entrepreneurs of Color Fund

Entrepreneurs of Color Fund Expands to the Bronx and San Francisco

Anne Field | February 26, 2018

Building on the track record of its Entrepreneurs of Color Fund in Detroit, JPMorgan Chase is expanding the program to the Bronx and San Francisco. The two new loan funds, totaling more than $5 million, will provide much needed capital and technical assistance to minority-owned small businesses. San Francisco and New York City’s tech startups are hardly struggling. But […]

Small Businesses Are Key to Job Growth in Inner Cities

Locavesting Staff | November 10, 2016

The inner city was a recurring theme in the presidential campaign. President-elect Donald Trump called inner cities “a disaster,” painting a grim picture of violence, poverty and a lack of jobs. The reality is less stark. Cities have undergone a renaissance in recent years and housing prices have risen. Yet a lack of jobs and […]

Detroit City Futbol Club Scores Big With Local Investors

Erin Pidot | April 14, 2016

In 2010, Sean Mann helped to start the Detroit City Futbol League, a recreational co-ed soccer league organized around neighborhood teams. It was a great success. But he couldn’t help but fume at the fact that Detroit was one of the few large cities in the country without a professional soccer team. So one day […]

A Michigan Program Combines Crowdfunding And Grants to Fund Civic Projects

Ingrid Ault | November 20, 2015

The Midtown Green Alley is more than a 415-foot stretch of green space connecting Alexandrine and Selden Streets in Midtown Detroit. It’s a symbol of the community’s hopes for the area. The newly renovated alley features native landscaping, an edible garden, permeable paving stones and art installations created by local artists. And it will serve […]

Arts-Based Placemaking is Revitalizing Communities. Could it Help Yours?

Project for Public Spaces | August 28, 2015

Arts-based Placemaking is an integrative approach to urban planning and community building that stimulates local economies and leads to increased innovation, cultural diversity, and civic engagement. The benefits of using arts and culture to tap into a place’s unique character extend well beyond the art world. Across sectors and at all levels, leaders and policymakers […]

Thinking About Raising Capital From Your Community? Ask These Questions First.

Jeff Aronoff | August 19, 2015

Community-based investment can be a great way to raise money and build support for your venture. And there are new options for entrepreneurs choosing this capital-raising path, such as investment crowdfunding. With the right team in place, community-based investment can be relatively user-friendly and easy to understand, but it still involves asking people to take real […]

Can Crowdfunding Revive Local Stock Markets?

Amy Cortese | January 31, 2015

Back in October, I wrote an op-ed that appeared in the New York Times about local stock markets. Specifically, it was about the passage of Michigan’s Investment Markets bill, a novel new law that allows the creation of intrastate stock markets that would let Michigan-based residents buy and sell shares of Michigan-based securities. The idea […]