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.
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.
Apr 9, 2014 , 4:00 pm - 6:00 pmHey, Wayne State! Got an app for that? WSU’s Office of Economic Development and Blackstone LaunchPad are giving away $5,000 in cash prizes in the... Learn More...