Sunday, June 01, 2014

What could possibly go wrong?-------City of Detroit to launch $3 million program for entrepreneurs

City of Detroit to launch $3 million program for entrepreneurs | Crain's Detroit Business:
"The city of Detroit plans to launch a new program for entrepreneurs.
No details have been released yet, but Mayor Mike Duggan said that Detroit City Council recently allocated $3 million from federal block grants to support the effort.
......“We want to help entrepreneurs get started, to show local entrepreneurs how to apply for national programs,” Lewand said.
“We’re just developing the program, but one idea is a lobby where people can come to one place and see what’s available.”"

1 comment:

PCFree said...

This sounds like an education program to teach people how to get started and apply for funding. It doesn't sound like the money itself is being invested in the ventures as capital.