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A business meeting

Metro-Detroit Black Business Alliance aims to close racial wealth gap

Updated: Jul 5, 2022

The Metro Detroit Black Business Alliance has a new 12-week program that teaches its members how to access the capital necessary to expand their thriving businesses.

Capital Connect began in 2021 with support from Huntington Bank. The second round of the program is now supported by United Way of Southeastern Michigan.

Business owners learn how to create a business plan, pitch their business, build a financial plan and tell their story.
Some of the partners that work with the Capital Connect program include Invest Detroit, Black Leaders Detroit, Independent Bank, CDC Small Business Finance and Bank of America. However, [Charity] Dean said she wants to see more partners participate financially and she wants to see policy changes.

Click here to read the Detroit Free Press article about MDBBA and Capital Connect.

Applications for the next Capital Connect cohort are now open. Click here to apply before the July 8th deadline!

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