NEED SUPPORT? What We Do REAL ESTATE SMALL BUSINESS COMMERCIAL & INDUSTRIAL VENTURE CAPITAL STRENGTHENING DETROIT, TOGETHER Invest Detroit was created to bring partnerships and philanthropic resources together to support real estate and business projects that struggle to find traditional financing. With lending and investing tools and a team of strategic thinkers passionate about Detroit, we partner on projects that create housing and job opportunities for all Detroiters. Knowing that we can accomplish more together, our work is collaborative, leveraging additional resources and expertise to create a better chance of success. REAL ESTATE Our real estate program supports both new construction and renovation projects and encompasses our STRATEGIC NEIGHBORHOOD FUND (SNF) investment. While we continue to support projects in the Greater Downtown, it is through SNF that we expand our tools to mixed-use buildings in neighborhood catalytic commercial corridors. We support both large projects led by experienced developers that will bring affordable housing to a neighborhood, as well as projects led by emerging, local developers looking to build their portfolio—helping to ensure equitable opportunity for neighborhood development. LEARN MORE ABOUT THE PROGRAM. MATT HESSLER, B. SIEGEL CO. BUILDING, LIVERNOIS-MCNICHOLS NEIGHBORHOOD PARKER DURAND Developers: The Roxbury Group and Invest Detroit Total Housing Units: 92 Affordable Units: 46 at varying levels of affordability Neighborhood: Islandview/Greater Villages LETS GET STARTED! SMALL BUSINESS Invest Detroit’s small business program is committed to supporting both new and existing locally-owned businesses with loans that support operational and property needs. Our small business team is deeply embedded in Detroit’s small business ecosystem and dedicates an enormous number of hours each year to provide ongoing technical assistance to help our small business owners refine their plans and achieve their business goals. LEARN MORE ABOUT THE PROGRAM. Transaction Range $50,000 $750,000 MARCUS JONES AND AKUNNA OLUMBA, DETROIT PIZZA BAR, LIVERNOIS-MCNICHOLS NEIGHBORHOOD DYMOND DESIGNS BEAUTY SCHOOL Business Owner: Marlene Brooks Loan Size: $65,000 Students trained each year for cosmetology careers: 120 Graduation Rate: 80% LET'S GET STARTED! COMMERCIAL & INDUSTRIAL Invest Detroit’s Commercial and Industrial program supports larger businesses with the potential to provide a significant number of jobs for Detroit residents. We continue to work with the City of Detroit, Detroit Economic Growth Corporation, and other partners to a create a strategy to better attract these large job-creators. MYLOCKER MYLOCKER Business Owner: Robert Hake Total Expansion Cost: $12M Jobs Created Over Next 3 years: 452 LET'S GET STARTED! VENTURE CAPITAL ID Ventures, the venture investment team of Invest Detroit, scales promising early-stage startups into thriving companies that help support the state’s economy, provide jobs to local talent, and bolster Michigan’s growing startup community. One of only a few venture capital firms located in Detroit, it is our only statewide program and one of the most active early stage investors in the state, managing over 120 companies across multiple sectors such as life sciences and healthcare, information technology, fintech, mobility, advanced manufacturing and materials, among others. LEARN MORE ABOUT ID VENTURES. ID VENTURES ALERJE Founder: Javier Evelyn Total Investment: $50,000 Sector: Medical Technology Devices # of Americans with severe food allergies his device can help: 15M LETS GET STARTED! INVEST DETROIT Home What We Do Who We Are Blog ID VENTURES What We Do Who We Are Portfolio Accelerate Michigan Hacker Fellows RESOURCES Annual Reports Press Program Overviews Careers Policies Contact © 2010-2021 Invest Detroit. All rights reserved.