ProsperUs Detroit

Supporting entrepreneurs in Detroit build their communities from within via training, business services, and loans

General Information
Company Name
ProsperUs Detroit
Founded Year
2012
Location (Offices)
Detroit, United States +1
Founders / Decision Makers
Number of Employees
18
Industries
-
Funding Stage
Grant
Social Media

ProsperUs Detroit - Company Profile

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.

Taxonomy: Community Economic Development, Entrepreneurship Training, Financial Coaching, Microlending, Minority Entrepreneurs, Immigrant Entrepreneurs, Capacity Building, Small Business Development, Neighborhood Revitalization, Racial Equity, Business Services, Cultural Competence, Micro-enterprise Development, Black Owned Business Support, Detroit Community Development

Funding Rounds & Investors of ProsperUs Detroit (2)

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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

Latest News of ProsperUs Detroit

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No recent news or press coverage available for ProsperUs Detroit.

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