Igniting Economic Growth for all Detroiters

Amina Daniels, Live Cycle Delight, West Village.

Invest Detroit is strongly committed to doing its part to ensure equitable opportunity, voice, and partnership in every facet of our work and throughout Detroit. This means valuing and promoting diversity in our business practices and working with our partners and communities to combat systemic racism. Diversity and inclusion are core values of our organization—now and always.

WHAT IS INVEST DETROIT?

We are a mission-driven lender, investor, and partner that supports business and real estate projects that will ignite economic growth in Detroit and the region.

Our goal is a thriving city that works for all Detroiters with an improved quality of life–inclusive housing, resourced and walkable neighborhoods, and equal opportunities for jobs and business growth.

A STRONGER DETROIT THROUGH FOUR AREAS OF FOCUS

WORKING TOGETHER TO ACHIEVE FOUR PRIMARY GOALS

STRENGTHENING NEIGHBORHOODS

Our neighborhoods approach focuses our lending tools, relationships, and expertise on targeted neighborhood locations that will catalyze and inspire further growth in surrounding areas.  We work with residents to identify priorities and developers who are community-minded. Partnering with the City of Detroit, neighborhood leaders and associations, among others, we are working to bring proven tools into ten targeted neighborhoods through the Strategic Neighborhood Fund.

SEE IT IN ACTION
Detroit Pizza Bar

INCREASING DENSITY

Increasing the population of Detroit by attracting and retaining residents means less vacant buildings, safer neighborhoods, and a stronger local economy. We prioritize mixed-use projects that provide affordable housing so that residents at all income levels have a place to call home.

SEE IT IN ACTION
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10,000
30,000
Parker Durand

GROWING JOB OPPORTUNITIES

Supporting businesses over a range of sectors helps to create a wide range of opportunities for Detroit residents at all stages of their education or career paths.  Local businesses can provide jobs to residents without cars, cut down on commute times for busy parents, promote walkable neighborhoods, and improve the local economy.  Our programs work together to support local entrepreneurs who are creating new jobs or retaining existing jobs within the city.

SEE IT IN ACTION
MyLocker

SUPPORTING INCLUSIVITY

Equitable access is a thread that runs through all of our programs and goals. Our vision is a Detroit for everyone with multi-ethnic and mixed-income neighborhoods where all residents feel safe and welcome and have access to resources and opportunities.  Through our real estate work we ensure that we maintain percentages of affordable units in multi-family housing, and we work to identify and support developers of color.  In our small business and venture investment work, we actively seek out entrepreneurs that are persons of color, immigrants, female, or Detroit residents.

SEE IT IN ACTION
The Coe
4,986
Housing Units created
10,982
Jobs created or retained
798
affordable units created
406
Projects supported
80+
entrepreneurs/developers of color supported
80+
Female entrepreneurs supported
$409 Million
dollars in funds deployed
$2.7 Billion
dollars in funds leveraged
Equitable Opportunity is Essential in Small Business Support
October 29th, 2020
Jason Barnett and Derek Edwards from our small business team discuss the challenges that Black small business owners fac...
A New Tool for Supporting Underrepresented Founders
October 29th, 2020
Allison Murdock, an Analyst on our ID Ventures team, describes the challenges that Black and underrepresented founders e...
Support Your Local Businesses
July 30th, 2020
Now more than ever is the time to support your local businesses. As the impact of the economic crisis caused by COVID-19...
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current projects and efforts to support Detroit’s growth.

For information on how to support or fund our work,
contact our fundraising department at fundraising@investdetroit.com