The New Economy Initiative, a special project of the Community Foundation for Southeast Michigan, is the largest philanthropy-led economic development initiative working to build a regional network of support for entrepreneurs and small businesses.

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  • By Tom Henderson Crain's Detroit Business March 21, 2017 New tech companies in Michigan will have access to more startup capital, thanks to a new fund the Michigan Economic Development Corp. is planning to announce Wednesday. The MEDC has committed $2 million and the New Economy Initiative has committed $800,000 to help fund the First Capital Fund, with a target of raising a total of $4.2 million over the next two years. It is hoped... More...

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