The New Economy Initiative is working to diversify the regional economy of southeast Michigan and stimulate entrepreneurial development.
The New Economy Initiative (NEI), a special project of the Community Foundation for Southeast Michigan, is one of the largest economic development initiative of its kind, working to build a network of support for entrepreneurs and small businesses. After awarding a wide range of early grants, NEI has sharpened its focus and is concentrating on building a network of support for entrepreneurs.
This work involves supporting the service providers — from those providing technical assistance like business planning and concept-testing to those providing capital and beyond — who help businesses grow and thrive, while connecting them to each other and the people they serve. The goal is to grow new companies and new jobs, and to encourage additional dollars of investment in the region. Ultimately, that means building a more diverse economy where jobs and prosperity are available for all.