About

Granting, convening, and changing a culture.


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

That means supporting the service providers – from those providing technical assistance like business planning and concept testing, to those providing capital and beyond – that help businesses grow and thrive, while connecting them to each other and the people they serve.

Our Mission

The mission of the New Economy Initiative (NEI) is to create an inclusive, innovative regional culture by reawakening and leveraging Detroit’s creative entrepreneurial drive. Our overarching goal is to establish a more diverse economy where opportunity, wealth and prosperity are available for all.