As of May 1, 2023
Provided over $85,000,000
in small business loans
85% of loans have been made to companies owned by entrepreneurs of color
Over 5,000 jobs were created or retained in the City of Detroit
A Message From
75th Mayor, City of Detroit
"Since we announced the fund, 180 loans to entrepreneurs of color have closed, at a total value of nearly $18 Million... these loans have helped small businesses create nearly 1,900 new jobs in Detroit and retain nearly 1,000 more."
ENTREPRENEURS OF COLOR FUND
Providing financing, training, and consulting services to businesses owned by entrepreneurs of color that primarily hire people of color. Read some of our success stories or apply for a loan.
Pictured: Walker-Miller Energy Services