Make it
Your
Business

ECONOMY POWERED BY IDEAS

At NEI we are changing the face of our future by helping make thousands of ideas become the next economic engine. Granting. Convening. Changing a culture. All while getting the entrepreneurs and small businesses that will drive it, what they need, when they need it.

$500,000 in cash awards.

32 existing businesses.

Detroit. Hamtramck. Highland Park.

Berry Gordy was a business man who knew a good song when he heard one. But even with success, he wondered, “Why write songs for a company in New York only to be paid pennies on the dollar in royalties?” He had a bigger idea: bottle a sound, polish it up, and package it for the world under one roof in Detroit. Gordy just needed a little nudge and, in 1959, he got one. An $800 loan from his family (the equivalent of $6,400 today) helped Gordy build Motown Records and grow a legacy.

So, what’s your idea?

How does it work? Simple. You provide the idea, in two-hundred words. We provide the money to make it happen. NEIdeas will award a total of $500,000 through the below two types of awards. Entry for applications opens on May 8th.

News

Coup for Corktown as Detroit lands research hub over Canton

In a coup that involved some rapid weekend cleanup of an abandoned industrial site, Mayor Mike Duggan lured a $148-million manufacturing institute to Detroit’s Corktown neighborhood, rather than a Canton site initially selected. Duggan plans to make the announcement at noon today at Focus: HOPE, along with a consortium of partners... More...

NEI Stories

Bizdom

Bizdom is an entrepreneurial accelerator that provides training and mentorship to tech startups... More...

AutoHarvest

We all know the importance of the auto industry in the development of Detroit. Yet we often forget... More...

Events

Urban Innovation Exchange

Sep 24, 2014 , 9:00 am - Sep 26, 2014 , 1:00 pm

Cities across the U.S. are reinventing themselves in creative new ways. Sometimes the smallest projects can have the greatest impact. This... Learn More...