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- March 30, 2023 | 10:00 PM17315 Mack Ave, Detroit, MI 48224, USA
- March 30, 2023 | 10:30 PM
- March 31, 2023 | 7:00 PM
Blog Posts (102)
- Motor City Match Technical Service Provider RFQ
Motor City Match requests two types of service providers: Technical Assistance Providers and Design & Architectural Service Providers. Technical Assistance Providers Businesses that apply to become a Motor City Match Technical Assistance service provider must submit scopes of work and rates for specific services in these business service categories. Legal Services Accounting and Financial Planning Services Marketing and Branding Services Business Planning & Business Consulting Technology Services Pre-Construction Services & Project Management Learn more about Small Business Technical Assistance Services RFQ here. Design & Architectural Service Providers Businesses that apply to become a Motor City Match Design & Architectural Service Provider must submit proof of qualifications and examples of completed work. Design awardees solicit bids from qualified providers based on the scope of work specific to their project. Requested Architectural Services: Architecture and design services Building condition assessments Feasibility Analysis Permitting and zoning review Project estimates Project management Building permitting Construction Administration Energy Efficiency / Green Building Practices Learn more about Small Business Design & Architectural RFQ here.
- MEDC Helps Launch $10 Million Microloan Fund for Women, Veterans and Entrepreneurs of Color
Lt. Governor Garlin Gilchrist II recently joined Michigan Women Forward (MWF), the Michigan Economic Development Corporation (MEDC), Huntington National Bank and the Ballmer Group to announce the launch of a new $10 million microbusiness loan program for women and entrepreneurs of color in Michigan. The Michigan Economic Opportunity Fund will lend to individuals who don’t qualify for traditional loans through banks or other financial institutions, providing opportunities for those who are socially and economically disadvantaged due to a lack of access to capital and credit. “Starting and growing a business takes grit, courage and tenacity – and here in Michigan, that runs deep in our DNA,” said Quentin L. Messer, Jr., MEDC CEO. “By taking a truly Team Michigan approach, this new fund will facilitate more risk-takers across the state in acquiring access to the capital and support they need to be successful and build a future right here in Michigan. Work remains to aid microbusinesses, but this is a significant and praiseworthy start.” Entrepreneurs can apply for up to $50,000 in loans through this program. With the average loan managed by MWF at $25,000, the Michigan Economic Opportunity Fund will be able to assist approximately 400 entrepreneurs. Last year, the nonprofit organization provided 88 loans for $2.456 million invested in primarily women-owned businesses. Women, veterans and entrepreneurs of color can apply for Michigan Economic Opportunity Fund loans by visiting www.miwf.org. Read more at MEDC.
- Motor City Match Hosting Round 23 In-Person Info Session March 20
Interested in applying for Round 23 of Motor City Match but unsure where to begin? Join Motor City Match Monday, March 20, from 6-8 PM for an in-person information session at the Northwest Activities Center. This is your chance to learn more about the program, guidelines, and the five tracks available to apply to: Plan, Develop, Design, Cash, and Restore. When: March 20, 6-8 PM Where: 18100 Meyers Road, Detroit 48235 You can register for this free info session here
Other Pages (36)
- Opportunities | DMB
Small Business Opportunities Which opportunity is right for me? There are several types of opportunities available for small business owners. Each type has specific characteristics that are important to understand. Check back frequently for new opportunities. Subscribe to our newsletter to get new opportunities delivered to your inbox each week. Accelerators & Incubators Accelerators and Incubators are programs that give businesses access to mentorship, investors and other support that help them become stable, self-sufficient and scaleable. Learning Opportunities As a small business owner, there is always something more to learn. Learning opportunities like workshops, seminars, and trainings teach business skills you can use to grow your business. Capacity Building Capacity Building and Technical Assistance opportunities build operational capacity with support in areas like marketing, web development, accounting, point of sales and more. Vending Opportunities Local vendor opportunities are a great way to get out in the community and get your business name out there. Opportunties might include pop-up shops, festivals, fairs and concerts. Contests & Competitions During business contests and competitions, entrepreneurs present their business concepts to a panel of judges for a chance to win a cash prize or investment capital. Narrow your search Which opportunity are you looking for? Accelerator & Incubators Learning Opportunities Capacity Opportunities & Technical Assistance Vending Opportunities Contest & Competitions Please select all underrepresented groups to which the business owner belongs Women-owned Veteran-owned Black-owned BIPOC-owned Asian/Pacific Islander Hispanic/Latinx LGBTQIA+-owned Others None of the above How many employees do you have? Select one arrow&v Is your business non-profit or for-profit? Select one arrow&v What is the annual revenue of your business? Select one arrow&v Where is your business located? Select one arrow&v Reset Motor City Match Round 23 CAPACITY Motor City Match connects new and expanding businesses with services and space to grow, providing them with the funding and tools to fuel the city’s entrepreneurial revolution. The Plan, Develop, & Design Track Awards offer business services, architectural design services, one-on-one consulting, and group classes & seminars. Technical Assistance Awards do not include any direct cash assistance to awardees – instead, the program reimburses qualified technical assistance providers directly for services provided to awardees. Eligibility: Detroit-based business Terms: Max Amount: Program deadline: Application deadline: April 2, 2023 Learn More Motor City Match Technical Service Provider RFQ - Architectural Design & Engineering Services CAPACITY The Motor City Match Technical Service Provider RFQ application has been released Eligibility: Architectural Design & Engineering Services Terms: Max Amount: Program deadline: Application deadline: June 30 Learn More
- Financial Resources | DMB
Small Business Financial Resources Which financial resource is right for me? There are several types of funding options available to meet your small and medium business's needs. Each type has specific characteristics that are important to understand. Multiple funding types may be suitable for you. Disclaimer: the recommendations are not exhaustive and do NOT guarantee approval. Get additional assistance by filling out our request form here or contact us at our call center directly 844-333-8249. Crowdfunding Crowdfunding may be right for your business if the business has a large, supportive network willing to contribute to its success. Grants Grants are typically a no regret funding option, especially for businesses that are struggling financially, as the money does not need to be paid back. Investment Investors provide capital for a business usually in exchange for convertible debt or ownership equity. Loans Loans allow a business the flexibility to cover their expenses or make necessary investments, while paying back the money over time, typically with some interest. Narrow your search Which opportunity are you looking for? Crowdfunding Grants Investment Loans Please select all underrepresented groups to which the business owner belongs Women-owned Veteran-owned Black-owned BIPOC-owned Asian/Pacific Islander Hispanic/Latinx LGBTQIA+-owned Others None of the above How many employees do you have? Select one arrow&v Is your business non-profit or for-profit? Select one arrow&v What is the annual revenue of your business? Select one arrow&v Where is your business located? Select one arrow&v Reset Motor City Match Round 23 GRANT Motor City Match connects new and expanding businesses with services and space to grow, providing them with the funding and tools to fuel the city’s entrepreneurial revolution. The Cash and Restore Tracks Award offers gap-funding grants of up to $100,000. Eligibility: - Awardee businesses must contribute a minimum of 10% of the total project costs in equity investment - Financial Assistance Award Grants will not exceed 50% of total project costs Terms: Max Amount: Up to $100,000 Program deadline: Application deadline: April 2, 2023 Learn More Our Strong Start (OSS): Caring for MI Future Grants Our Strong Start (OSS) is part of the Caring for MI Future. Our Strong Start is focused on recruiting new child care entrepreneurs and helping current child care businesses expand. A team of trained navigators will connect child care entrepreneurs with grant opportunities and work with potential child care entrepreneurs to troubleshoot any concerns they may have about starting or expanding their child care business. Our Strong Start has technical assistance tool kits, trainings, and other resources to prepare new or expanding child care business owners to meet their goals! Eligibility: Michigan-based Childcare entrepreneurs Terms: Max Amount: Program deadline: Application deadline: Accepting applications Learn More
- Library | DMB
Library Which resource is right for me? The Detroit Means Business Library is a collection of evergreen tools and educational resources for small businesses. Subscribe to our newsletter to get new resources delivered to your inbox each week. Narrow your search Location Primary Industry Childcare and Education Hair and Beauty Restaurant, Food & Beverage Grocery and Retail Fitness and Health Construction and Trades Professional and Creative Services Manufacturing Other Seeking resources in: 💸 Funding and Financial Readiness Contracting and Procurement Digital Business Business Operations Insurance Commercial Property Workshops & Webinars Food and Beverage Business Legal Talent Retention and Attraction Business Planning and Strategy Logistics and Fulfillment City and State Regulatory Processes Not sure – Select here for general guidance Reset Detroit at Work How to access Detroit at Work online request form? Click link for more information Industry: ALL Category: TALENT Link: Detroit at Work request form Learn More Activate Detroit - Financing for Black Owned Small Businesses Financing For Black Owned Small Businesses Industry: ALL Category: FUNDING Link: Activate Detroit Learn More Detroit Advertising & Sign Ordinance Learn more about the signage ordinance and how to provide a safe, well-maintained, vibrant communications Industry: ALL Category: OPERATIONS, PROPERTY, DIGITAL Link: Detroit Advertising & Sign Ordinance Learn More Detroit Water & Sewerage Department DWSD Presentation from DEC2022 | Inclining Block Rate for Water Usage Industry: ALL Category: REGULATORY Link: DWSD Block Rate for Water Usage presentation Learn More Fire System Requirements for Business Fire Inspection are due every year, check here for your business permit and inspection needs. Industry: ALL Category: REGULATORY, OPERATIONS Link: Fire Department FAQ Learn More Lending Guide See here for a list of local organizations offering loan products to small businesses. This document is divided into products under and over $50,000. Information accurate as of April 2022. Industry: ALL Category: FUNDING Link: Small Business Lending Guide Learn More Detroit Small Business Loans A guide to help you find the right loan Industry: ALL Category: FUNDING Link: Small Business Loans Learn More Accounting Aid Society Program Kit Want helpful tips about accounting, tax and more? Industry: ALL Category: OPERATIONS Link: Accounting Aid Society Program Kit Learn More Construction Conference Resources Check out resources from the 2023 Detroit Construction Conference Industry: OTHER Category: OPERATIONS, CONTRACTING Link: Construction Resources Learn More Bridging The Capital Access Gap Learn how to navigate the capital landscape as a business or support organization Industry: ALL Category: FUNDING Link: Bridging The Capital Access Gap Learn More WSU Business and Community Law Clinic WSU Law Clinic is supporting businesses in need of free transactional legal assistance. Industry: ALL Category: OPERATIONS Link: WSU Law Clinic Resource Learn More DMB Neighborhood Business Association Guide Thinking of starting a neighborhood business association? Check out this handy guide. Industry: OTHER Category: OPERATIONS, REGULATORY Link: Neighborhood Association Guide Learn More