The New Economy Initiative is making one final push to attract applicants to NEIdeas, a competition that will award two Detroit-, Hamtramck-, or Highland Park-based businesses $100,000 each in prize money. The winners will also receive a suite of business services.
Now in its second year, NEIdeas aims to provide longstanding businesses in inner city neighborhoods capital to help them grow and create more jobs. Last year’s winners include everything from an urban farm to a cleaning company to a pallet maker. The competition is industry agnostic with the only requirements being that the company is poised to grow.