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  • Detroit businesses hit hard by COVID pandemic determined to get people back in stores

    The COVID-19 pandemic has been tough on Detroit businesses, as people opt to stay home and shop online. But Detroit Economic Growth Corporation and Detroit Means Business are determined to help stabilize Detroit's small businesses by encouraging people to get out and shop. “People are still trying to get things together, stabilize their businesses after COVID, and we just really feel like it’s really important to support them and uplift them and keep things close to home,” said Lashawna Manigualt, the director of Small Business Attraction & Retention. Read the full story on Clickondetroit.com.

  • Whitmer proclaims today as Small Business Saturday

    Small businesses are being celebrated on a statewide level, as Gov. Gretchen Whitmer has declared today as Small Business Saturday in Michigan and urges state residents to buy locally today and throughout the year to support Michigan’s small businesses. "Small businesses are the backbones of our communities, and we want to remind Michiganders that supporting local businesses and entrepreneurs creates jobs, leads to more vibrant communities, and builds a stronger economy for everyone," said Governor Whitmer. "Our small businesses demonstrated incredible resiliency throughout the COVID-19 pandemic, and we should celebrate them and their invaluable contributions to our state by shopping local this holiday season. I will continue working to ensure that small businesses have the resources they need to succeed as we usher in a new era of prosperity together." Read the full proclamation on Michigan.gov.

  • Here are 3 Detroit businesses to support this holiday season

    BridgeDetroit and The Neighborhoods want you to know that you don't have to leave the city to find fantastic gifts for your loved ones! Read on to learn more about three Detroit businesses to consider supporting during the holidays, then head over to detroitmeansbusiness.org/shopsmalldetroit to discover more! Janet Webster Jones is a Black woman who has owned and operated Source Booksellers in Detroit for 32 years. Jones said the Cass Corridor/Midtown neighborhood has changed a lot over the 20 years her store has been in the area, but she embraces the change. “If you’re in business, you have to stick and stay, because things are going to change all around you,” Jones said. “And the business is going to change as a result of those changes.” Read the fully story on BridgeDetroit.

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  • Detroit Means Business | Small Business Resources | Business Tools

    Detroit's Home for Small Business Resources Detroit is tough and resilient, and we’re making small business a priority. HOLIDAY RESOURCE Shop Small Detroit Make the most of this holiday season with #ShopSmallDetroit resources from DEGC and DMB. Learn More GIVEAWAY #ShopSmallDetroit Bingo Nov 27-Dec 24, shop small and win BIG in the #ShopSmallDetroit Bingo giveaway! Learn More GET LISTED Holiday Marketing Opportunities If you have a special offer for the holidays, you can submit your business to be included on the Shop Small Detroit map . Learn More Expert Guidance Running a business can be overwhelming at times. Working with a business expert can help increase your chances of success. Learn more about the types of guidance available in Detroit's small business support ecosystem. Learn more Financial Resources One of the biggest challenges for small business owners is finding the funds necessary to launch – and eventually grow – their businesses. Find the various types of funding available and a growing list of resources to consider. Learn more Navigating City Processes Detroit Means Business is in the business of helping business owners navigate City resources. View City of Detroit-specific resources and guides. Learn more Opportunities Explore opportunities to grow your small business through accelerators, technical assistance, competitions, and other programs that provide access to mentorship, strategy, investment, and training. Learn more Real Estate Choosing a business location and space is a crucial step in starting a business. Find guides for searching for space to lease or purchase and resources for building and renovating. Learn more Latest News Detroit businesses hit hard by COVID pandemic determined to get people back in stores DEGC and DMB are determined to help stabilize Detroit's small businesses. Whitmer proclaims today as Small Business Saturday Small businesses are being celebrated on a statewide level, as Gov. Gretchen Whitmer has declared today as Small Business Saturday. Here are 3 Detroit businesses to support this holiday season Read on to discover three Detroit businesses to support during the holidays. View All PPP Forgiveness PPP Direct Forgiveness Portal Existing Paycheck Protection Program (PPP) borrowers may be eligible for PPP loan forgiveness. Business owners should visit the newly launched SBA PPP Direct Forgiveness Portal to register and apply. Visit Now About Detroit Means Business Detroit Means Business is a coalition of private, public, and philanthropic partners dedicated to meet the needs of Detroit’s small businesses. About Us Upcoming Events Momentum Accelerator Program Info Session Thu, Dec 02 Online Event Dec 02, 6:00 PM – 7:15 PM EST Online Event Learn More Supplier Diversity in Financial Services Wed, Dec 15 Virtual Event Dec 15, 9:00 AM Virtual Event Learn More View All Events Insta Feed "I am so pleased to say that the Detroit Means Business website was absolutely amazing. I was able to get both my businesses prepared for their opening dates. I love my city, our mayor and my liaison." Marlene Brooks Dymond Designs Beauty School

  • 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 Empowered by GoDaddy LEARNING Empower by GoDaddy, in partnership with Build Institute provides: • Workshops delivered by industry leaders. • Mentorship and support from like-minded entrepreneurs. • In-kind GoDaddy products for business improvement. Eligibility: Detroit-based businesses with fewer than 10 employees and less than $250K in revenue are invited to apply. Terms: ​ Max Amount: ​ Program deadline: ​ Application deadline: ​ ​ Learn More Eaze Momentum Accelerator LEARNING Momentum helps participants build and expand relationships with like-minded founders, executives, investors and industry leaders working to transform cannabis. Eligibility: ​ Terms: ​ Max Amount: ​ Program deadline: ​ Application deadline: December 18, 2021 ​ 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 The Big Small Business Boost GRANT In partnership with wiseHer, the go-to advice network for small businesses, Staples is awarding $100,000 to support small businesses across the United States. 20 winners will each receive a $5000 gift card to Staples. Eligibility: ​ Terms: ​ Max Amount: $5000 Program deadline: ​ Application deadline: December 18, 2021 ​ Learn More Recovery Assistance Loan LOAN The Recovery Assistance Fund is a loan program intended to address the needs of Detroit businesses impacted by the COVID-19 pandemic. Eligibility: ​ Terms: ​ Max Amount: $500,000 Program deadline: ​ Application deadline: Rolling ​ Learn More

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