Innovative online platform seeks to make it easier for Detroit entrepreneurs to find and access local community lenders and small business resources. Participating lenders include ProsperUS, Opportunity Resource Fund, Michigan Women Forward, Detroit Development Fund which together provide more than $10 million annually in loans. Detroit Capital Hub Funded was made possible through funding from the Gilbert Family Foundation and Ally Foundation. | City of Detroit Government

Mayor Mike Duggan and Detroit Economic Growth Corporation will announce the first 13 recipients of the City's groundbreaking $700,000 Startup Fund, awarding $300,000 to Detroit-based startups in the inaugural round. The diverse cohort covers industries from biotechnology and environmental monitoring to educational technology and advanced manufacturing, showcasing Detroit’s evolution beyond its automotive roots. Since applications opened in July, the DEGC received more than 600 submissions from s

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