Detroit Economic Growth Corporation (DEGC) is a private, non-profit corporation established in 1978 with a mission to support Detroit’s economic development initiatives. The organization is dedicated to facilitating business success in Detroit by leveraging its deep understanding of the city's government and abundant opportunities. DEGC's team comprises knowledgeable, long-time members of the Detroit community who offer valuable insights into investing in the city. As a private, non-profit organization that operates independently from the city's government, DEGC has forged a longstanding partnership with Detroit and remains committed to bolstering the city's growth from within.
With its focus on the Government and Military industries, DEGC's investment activities have garnered attention. The most recent investment, a grant investment secured on 22 June 2023, was made possible through the support of New Economy Initiative. This investment signifies the ongoing efforts of DEGC to drive economic growth in Detroit and underscores the organization's commitment to fostering sustainable development in the region.
DEGC’s innovative approach to supporting Detroit's economic growth makes it an intriguing prospect for potential investors and partners who seek to participate in and contribute to the city's resurgence.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 1 | New Economy Initiative | 22 Jun 2023 |
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