BUSINESS RETENTION

Supporting the sustainability and growth of Detroit-based businesses.

ABOUT US

Detroit Economic Growth Corporation (DEGC)
The DEGC serves as the City of Detroit’s economic development agency. We are contracted by the City to drive business growth, investment, and job creation across Detroit.

Business Retention Program

The Business Retention Program supports the growth and sustainability of Detroit-based companies*, including industrial firms, corporate offices, and high-growth start-ups.

*Note: We do not directly serve solopreneurs or retail businesses.
Please visit the Small Business Services team’s web page for dedicated support.

BUSINESS RETENTION MEETING OVERVIEW

Meeting Objectives

Learn about your business vision, potential growth plans, needs, and challenges
Connect your business to DEGC and our partner resources

Typical Meeting Attendees

Detroit Economic Growth Corporation (DEGC) representatives
Michigan Economic Development Corporation (MEDC)
Wayne County Economic Development
Detroit at Work

Typical Meeting Agenda

1. Company Overview: Brief description of the company, its core capabilities, and the customers, industries, and regions it serves

2. Key Facts: Year founded, number of employees, median hourly wage, recent capital investments

3. Market Trends: Insights on industry shifts, emerging opportunities, and competitive challenges

4. Goals for Growth: Expanding operations, creating jobs, launching new products, facility and/or equipment investments

5. Areas of Support: Hiring, workforce training, employee retention services (e.g., childcare, transportation, mental health), expanding customer base, launching a new product or service, facility expansion, site selection, facility investment or renovation, equipment upgrades, business financing or loans, navigating city processes or permits

HOW WE SUPPORT BUSINESSES

Strategic Business Consultation – Evaluate your business needs, growth opportunities, and connect to resources like grants, loans, technical support, and networking.

City of Detroit Support – Navigate city departments
to streamline projects and resolve challenges including zoning, permitting, procurement, taxes, and land sales.

Facility Expansion & Rehabilitation – Support site selection, building upgrades, and expansions leveraging city/state tax incentives.

Workforce & Talent Development – Facilitate hiring, training, and employee retention with Detroit at Work
and partners. Includes support like transportation, childcare, and mental health resources.

Grow Your Market – Expand your customer base, pursue contracts, and access marketing, design, and international sales support.

Click Here to Download the Program Services Handout

VISIT TRACKER MAP

Our Business Retention Visit Tracker Map provides an at-a-glance view of all businesses
that we’ve engaged with across the city, from September 2024 to today.

Data is updated monthly to ensure the map reflects the most current information.

Click here to open the Business Visit Tracker Map in a new tab