New Economy Initiative - aVenture Non-Profit Research
New Economy Initiative
Operating Status: Operating
NEI, a project of the Community Foundation for Southeast Michigan, supports entrepreneurs and small businesses, fostering a diverse economy.
Founded
2007
Location
Detroit, MI, US
The New Economy Initiative (NEI) was founded as a special project of the Community Foundation for Southeast Michigan. Its core mission is to foster an inclusive culture of entrepreneurship that benefits all residents and strengthens the regional economy. NEI focuses on building a robust support network for entrepreneurs and small businesses through strategic investments and community engagement. The initiative aims to grow jobs, increase wealth, improve neighborhoods, and advance equity in Southeast Michigan.
Notable affiliates include the Community Foundation for Southeast Michigan, which plays a pivotal role in NEI's operations. The initiative has garnered support from various philanthropic organizations and investors committed to economic development. Key achievements include the creation of numerous jobs and the revitalization of local communities through targeted support for small businesses. Overall, NEI has had a significant impact on fostering economic growth and inclusivity in the region.
