Motor City Match Round 3 Open Until January 1 for Businesses, Building Owners

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So far this year, Motor City Match has supported nearly 100 businesses and over 50 properties to help make Detroit the most welcoming city in the nation when it comes to supporting small businesses. The program provides $500,000 each quarter in grant funding, plus business planning, help finding space and design support to help new and expanding businesses succeed in Detroit.

Motor City Match supports business owners at every step of the process, from idea to open. Award levels include:

  • Get Ready: Up to 50 businesses will receive business planning classes and be connected with other service providers who will help them shape their business idea beyond the concept phase.
  • Make a Match: Entrepreneurs who have their business plan ready and are looking for space are eligible to be matched with Motor City Match properties. Up to 25 businesses will be matched with Detroit’s top 25 available properties through the program. Building owners with vacant commercial real estate also receive a property assessment to document renovation needs and costs, marketing on the Motor City Match website and tours with prospective tenants.
  • Make a Plan:Business and building owners that have recently signed a lease but need to undertake a substantial renovation project prior to opening are eligible to receive design support through Motor City Match. Up to seven businesses will receive architectural support to develop construction documents as well as assistance for bidding and permitting the project.
  • Match Your Cash: Business and building owners can receive a share of the $500,000 in quarterly grants available through Motor City Match and also get connected to lenders for financing.  The grants are designed to fill funding gaps and ensure that the business owner has the funds to carry out their vision. Business and building owners reaching this award level must have a lease in place, a plan for build-out and strong of understanding of the money needed to start their business and complete the renovations of their space.

Anyone interested in entering their commercial building or business idea into the program can apply to Round 3 of the Motor City Match program between Dec. 1 and Jan. 1 to be considered for awards. Application details, qualification requirements and program guidelines are available at www.MotorCityMatch.com.

Also, stay tuned for Round 2 award announcements early next year.

Michael Forsyth
Director of Small Business Development

Detroit Small Business Passport is Ready for the Holiday Season

Detroit Small Business Passport is Ready for the Holiday Season

Shopping local in Detroit this holiday season is something that everyone can do to contribute to growing Detroit’s economy. Every dollar spent in Detroit helps grow a small business that makes our city a better place. This is why DEGC has teamed up with Pure Detroit and the City of Detroit to support this year’s third annual Detroit Small Business Passport.

The passport is inclusive of 41 small businesses throughout the city. Using the passport, featured businesses offer various discounts, anywhere from ten percent to 25 percent. At each shop, patrons receive a stamp in their passport. Fully completed passports can be submitted at Pure Detroit’s flagship Fisher Building shop for entry into a giveaway in January 2016.

Passports are available for pick up at Pure Detroit stores located at the Renaissance Center, Guardian Building and Fisher Building.

Businesses include a mix of brick-&-mortar retail as well as restaurants & cafes including: Pure Detroit, Vera Jane, Stella Good Coffee, Workshop, RUNdetroit, Cass Corridog, Nest, City Bird, Detroit Hardware, Source Booksellers, the Fashion Place, Detroit Athletic Co., Hugh, Nora, Detroit Gallery of Contemporary Crafts, the Rowland Cafe, People’s Records, the Peacock Room, Frida, Wheelhouse Detroit, Detroit Institute of Bagels, Sacred Space Yoga Center, Genesis Therapeutic Massage Services, GO! Live Well, Detroit Seafood Market, Cutter’s Bar & Grill, Epitome Lounge, Thrift On The Ave, Offin River’s Accessories, Detroit Fiber Works, Vertical Detroit, Central Bar + Kitchen, Detroit Is The New Black, Stef-N-Ty, Good Bakes & Cakes, Heritage Optical, Turkey Grill, the Black Dress, DCreated Boutique, Detroit Vegan Soul & Busted Bra Shop.

Be sure to pick up your passport today if you haven’t already, and shop small this holiday season.

Michael Forsyth
Director of Small Business Development