Detroit commercial property owners and entrepreneurs have yet another opportunity to receive support in growing their business. The next round of Motor City Match applications is open from June 1 to July 1.
The program aims to help revitalize Detroit’s neighborhood corridors by pairing vacant commercial property with new and expanding businesses and giving them the support they need to succeed. Applicants can receive various levels of support, including: free business planning classes, match-making between building owners and entrepreneurs, architectural design and other technical assistance, and up to $100,000 in grant funding.
With $500,000 in grant funding available, each quarter, Motor City Match is making a significant impact in Detroit’s neighborhoods. So far, the program has awarded $1.5 million in grant funding that has helped leverage roughly $10.5 million in local business investment.
Among the businesses to receive Motor City Match grant funding is the Detroit Training Center, which provides training and education to prepare Detroiters with the skills and licensing needed to work in high-demand industries. The company received a $100,000 Motor City Match grant in the fall of 2015. The additional funding allowed Detroit Training Center to expand into an additional center that offers a commercial driver’s license program and a diesel engine mechanic program.
Patrick Beal, president and credits Motor City Match for helping his company meet new demands, saying, “We could not have done this without the support we received from Motor City Match.”
Motor City Match has served more than 300 businesses and 180 commercial properties since its launch in 2015, with nearly two-thirds of the business winners coming from Detroit. Seventy percent of Motor City Match business winners are minority-owned.
For more information about Motor City Match, including application requirements, please visit www.MotorCityMatch.com.
Director of Small Business Programs