Business & Entrepreneurship

Growing minority-owned businesses can transform our economy.

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In Context: Regional EconomyIncome & Wealth BuildingAccess to Quality EmploymentBusiness & EntrepreneurshipEducationHealthNeighborhoods & Housing

Overview: The entrepreneurship rate in Detroit is low when compared to the region and state.

Beyond wealth creation for entrepreneurs and job creation for residents, small businesses have the opportunity to transform Detroit’s neighborhoods. Business retention and creation is an important step toward the revitalization of desirable middle-class neighborhoods, where residents have access to a range of services and amenities within a short distance of their homes.

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Average business size
Entrepreneurship rates per capitaAverage business sizeCapital access for small businesses.