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Business InvestmentNEIdeas New Economy Initiative

Finalists Named For 2016 NEIdeas Challenge, 32 Businesses Will Eventually Win

One of the challenges often talked about is capitol or investment for expansion for Detroit businesses. To help meet that need, 134 businesses have been selected as finalists for this year’s NEIdeas challenge, a program described as “rewarding existing small businesses in Detroit, Hamtramck and Highland Park with cash for their ideas for growth.” This fall, 30 of the finalists will be selected to win $10,000 each for their ideas to grow, and two others will be selected to win $100,000 each f...

businessDetroit Hamtramack

There Are Just A Few Days Left To Apply For $10k For Your Detroit Based Business

If you’re looking to get a big boost for your Detroit, Hamtramck or Highland Park based business, the window on getting your ticket to $10,000 is closing. NEIdeas, a program of the New Economy Initiative, is accepting applications for its $10k Challenge for businesses that gross under $750,000 as well as a $100k Challenge for business that gross between $750,000 and $5 million now. But we’re going to focus on what’s due Thursday (the $100k challenge isn’t due until the 25th of this month). N...