Press and Guide: LaunchDETROIT marks 10 years helping Detroit area entrepreneurs
LaunchDETROIT, the Rotary-powered program established 10 years ago to help entrepreneurs in under-resourced areas of Detroit, has made significant strides. The program has provided business education, mentoring and networking opportunities to 83 entrepreneurs as well as micro-loans of up to $2,500 each to 39 qualifying participants. Loans have gone to businesses in Dearborn, Dearborn Heights and many Downriver communities as well as other cities in the Detroit Metro region. Wayne State University’s Mike Ilitch School of Business and International Strategic Management partnered to provide additional business education resources customized to better serve participating entrepreneurs’ business needs.