The Dm-ef Core Loan Fund
Our core program provides micro-loans to start-up and established small businesses who lack access to traditional financial sources in; Detroit, Hamtramck, Highland Park, Ecorse, River Rouge, Pontiac, and Lincoln Park. Loans up to $10,000 for Start-ups and up to $35,000 for established firms (2+ years) are available. Please click here to inquire about this loan program.
The Wayne County Urban Loan Fund
This is a loan program for small businesses in Wayne County that provides wrap-around funding. Bank loans of 50% are supplemented by up to 40% from the Loan Fund ans at least 10% from the business. Funds are for; Fixed Assets to Expand, Modernization to Increase Competitiveness in the Current Economy. Please click here to inquire about this loan program.
The Detroit Food Movers Fund
This pilot program is designed to put mobile distribution vehicles on the streets of Detroit to provide fresh fruits and vegetables to residents who otherwise would not have access to these products. The loans are for the purchase of the Trucks and Inventory. You may request up to $15,000 to purchase and outfit a truck (ex. Shelving, logo painting, food inventory, start-up costs); or $5,000 maximum for food inventory and other start-up costs. Please click here to inquire about this loan program.
The Green Enterprise Fund
This program is designed to provide funding for start-up and established businesses that are looking to build an environmentally sustainable business in; Detroit, Hamtramck, Highland Park, Ecorse, River Rouge, Pontiac, and Lincoln Park. Loans up to $10,000 for Start-ups and up to $35,000 for established firms (2+ years) are available. Please click here to inquire about this loan program.
The Women's Empowerment Fund
This program is designed to provide funding for start-up and established businesses that are looking to promote Women Entrepreneurs in; Detroit, Hamtramck, Highland Park, Ecorse, River Rouge, Pontiac, and Lincoln Park. Loans up to $10,000 for Start-ups and up to $35,000 for established firms (2+ years) are available. Please click here to inquire about this loan program.
Detroit Micro-Enterprise Fund
440 Burroughs, Suite 140
Detroit, MI 48202
(313) 263-4032