Throughout the history of the United States immigrant entrepreneurs have played a leading role in building the U.S. economy. Immigrants start businesses at higher rates than non-immigrants, creating businesses in high growth industries that create jobs, pay taxes, and help restore local economies. In urban communities, immigrant entrepreneurs help breathe new life into formerly vacant commercial corridors and play a critical role in revitalizing neighborhoods.
Two programs are helping immigrant entrepreneurs start and grow businesses in Detroit metro.
Recognizing that immigrant entrepreneurship has been a critical catalyst for revitalizing urban neighborhoods, Global Detroit recruited the Neighborhood Development Center, a Minneapolis-based multi-ethnic, micro-enterprise program nationally-recognized both for its micro-finance and immigrant integration work, to replicate its work in Detroit. The result, ProsperUS Detroit, a program of Southwest Economic Solutions, partners with community-based organizations to offer trainings that help bring a business idea into reality. Once enrolled in the ProsperUS Detroit program, Detroit-based entrepreneurs become eligible for ongoing technical assistance support and small business loans to start or expand a business. ProsperUS Detroit has trainings in five Detroit neighborhoods including:
- Southwest Detroit
- Cody Rouge
- North End/Central Woodward
- Grandmont Rosedale
- Lower East Side
ProsperUS Detroit also offers small business development workshops. Click here to learn more.
ACCESS GROWTH CENTER
ACCESS Growth Center’s Immigrant Entrepreneur Development Program helps immigrants and refugees start and grow businesses. Programs of ACCESS Growth Center include:
- The IGNITE trainings. A five-week small business training program for individuals with a business idea. Each class meets at a different location to enhance the learning experience by exposing entrepreneurs to successful businesses.
- Taught in English
- You must have a business idea
- Class sizes are small – between 10-15 people for each cohort.
- One-on-one business coaching is optional
- The Explore trainings. A two-week small business training program that is taught in Arabic. These classes move at a slower pace than the Ignite training. Classes meet three days a week for 1.5 hours.
- ACCESS Growth Center has a small business microlending program for refugees who have been in the Unites States between two and five years.
Tools for all entrepreneurs
Biz Grid. Resources for entrepreneurs.
The BizGrid is both an interactive online directory and a physical infographic designed to help entrepreneurs navigate the many organizations providing business assistance in Detroit. http://detroitbizgrid.com