Economic Development

The Comerica Hatch Detroit Contest by TechTown revealed the Top 10 businesses in the running for $100,000 prize from Comerica Bank.

These 10 small businesses want your votes as they vie for $100K grand prize in Hatch Detroit contest

“Part of what makes Detroit’s small business landscape so incredibly special is the community’s shared vision for vibrant neighborhoods and unwavering dedication to see local businesses thrive,” says Christianne Malone, assistant vice president for economic development at Wayne State University and chief program officer of TechTown Detroit.

Latest in Economic Development
How Michigan universities are at the forefront of advancing AI technology

Artificial Intelligence offers enormous opportunities across industries, but universities in Michigan are aware of the need to implement the technology responsibly and are leading the charge on how to do so.

Sweet Potato Sensations: Black, intergenerational business credits success to small biz support

Sweet Potato Sensations is the living legacy of a family business based in Old Redford. Through longtime community support, and a continuous network of small business resources including BUILD Institute, the multi-generational business is going on 37 years.

The Green Grocer Project (GGP) makes available grants of up to $25,000 for businesses and entrepreneurs looking to open small-format grocery stores in Detroit.
DEGC brings back Green Grocer Project to help open more grocery stores in Detroit

“When we assist local entrepreneurs in opening grocery stores right in the neighborhoods they know best, it empowers residents to meet essential needs while creating new jobs," says DEGC President and CEO Kevin Johnson. "This is one way to drive opportunity that uplifts our whole community.”

“The allocation of the Vibrancy Grant funding for Mexicantown Main Street's marketing platform and brand awareness campaign project signifies a pivotal investment in revitalizing our district,” says SDBA VP of Programs & Compliance Brandi Watts.
Main Street grants support new marketing campaign in Mexicantown; winter festival in North End

“Through targeted branding efforts, we will be able to elevate awareness of the Mexicantown Main Street district, showcasing its unique offerings, local businesses, and cultural assets,” says Mexicantown-Hubbard Communities Main Street Director, Southwest Detroit Business Association Vice President of Programs and Compliance Brandi Watts.

Janet Webster Jones in 2019. The founder of Source Booksellers will be a panelist at this year's Black Business Reunion at TechTown.
TechTown to host Black Business Reunion in recognition and celebration of city’s Black entrepreneurs

“Our Black Business Reunion is a celebration and recognition of Detroit’s Black business community, their everlasting legacy and the impact they make in our everyday lives,” says Christianne Malone, chief program officer at TechTown Detroit.

Cathryn Coleman (center), founder and owner of Bouncing Around the Motor City: Party & Event Rentals and 2023 Hatch Detroit grand prize winner.
With $100K up for grabs, application window opens for Hatch Detroit small business pitch competition

"Hatch Detroit continues to attract community-minded entrepreneurs who are strengthening Detroit's small business economy," says Christianne Malone, Assistant Vice President for Economic Development at Wayne State University and Chief Program Officer of TechTown Detroit.

Red Arrow Lofts in Corktown.
Developments in Corktown, North Corktown receive state support for affordable housing

“Today’s projects not only represent priority projects that reflect the voices of residents and goals of the city, but also support the historic investments made to create an innovative job center in Detroit and further boost the revitalization of our state’s largest city,” said Quentin Messer, Jr., CEO of the MEDC and President and Chair of the Michigan Strategic Fund.

Detroit's Crawford family celebrates the grand opening of Cred Cafè in the Rivertown district.
Coffee shop by day, speakeasy by night: Cred Cafè celebrates opening in Rivertown district

“Our story is one of passion, commitment and a genuine desire to contribute to Detroit's growth,” says Cred Cafè president and CEO Sylvia Crawford. “We started with a dream and transformed a vacant, blighted building into a multifaceted space that reflects the spirit of our community.”

Owners of Michigan & Trumbull Pizza, Nate Peck and Kristen Calverley.
Michigan & Trumbull Pizza finds new home at Dreamtroit

"Our success is a testament to the community's support, and we're excited to continue serving our unique Detroit-style pizza to the neighborhood," said co-owner Kristen Calverley.

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