ProsperUs Detroit is a community economic development initiative with a mission to support entrepreneurs and small business development in under-resourced neighborhoods across Detroit, Hamtramck, and Highland Park. The organization offers entrepreneurship training, financial coaching, technical assistance, and microlending to advance economic equity and build generational wealth in these communities. ProsperUs Detroit believes in the potential of residents, small businesses, and community organizations to revitalize their own neighborhoods.
Founded in 2012, ProsperUs Detroit has been instrumental in catalyzing small business development in neighborhoods, collaborating with community members, neighborhood organizations, and resource providers. Over the past decade, the organization has served over 1500 entrepreneurs, energizing and empowering neighborhood business leaders to ensure their success.
The most recent investment for ProsperUs Detroit was a grant investment received on 22 June 2023 from New Economy Initiative. This funding attests to the organization's impactful work and the recognition it receives from prominent investors in its efforts to drive economic development in the United States.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 1 | New Economy Initiative | 22 Jun 2023 |
Grant | $500.00K | 1 | Community Development Financial Institutions Fund | 10 Apr 2023 |
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