It's great to see that is help going to existing businesses in the city and many of them outside greater downtown area.
Quote:
Reversing 60 years of relentless population decline and job loss in Detroit is a very tall order, but six months ago the New Economy Initiative [[NEI) said it would pay out $300,000 to answer a provocative question about job growth.
Quote:
What if, rather than relying on an explosion of digital start-up companies or huge corporate investments in Detroit, we put the modest sum of $10,000 into 30 small businesses that have toughed it out for years in the city — and see what those plucky owners can do to boost sales and create new jobs, a few at a time?
http://www.freep.com/story/money/bus...evel/17866597/
You can read about some of the winners here:
http://www.freep.com/story/news/loca...roit/17864505/
