Gilbert Family Foundation Launches $1.2M Program for Detroit Contractors
Key Details: The Gilbert Family Foundation announced the launch of "Ignite Detroit Contractors," a new $1.2 million business development program designed to help early-stage construction contractors in Detroit stabilize and scale their operations.
Program Goals:
- Support Detroit-based contractors stuck in the startup phase due to financial, operational, and systemic challenges
- Provide technical assistance, business coaching, and access to capital
- Connect contractors with experienced peers and project opportunities
- Offer educational workshops and introductions to lending institutions
Eligibility Requirements:
- Must be Detroit-based with at least one year as a registered business
- Completed two or more projects in the last nine months
- Demonstrated proficiency in skilled trades
- Minimum annual earnings of $65,000
- Rolling enrollment with 6-12 month completion timeline
Partnership Structure: The program is a collaboration between three organizations:
- Michigan Women Forward: Program fiduciary and lending partner
- LifeLine Global Consulting: Program administrator handling curriculum and technical assistance
- The Ownership Initiative: Program designer providing strategic support and evaluation
Context: This initiative builds on the success of the Motor City Contractor Fund's previous two cohorts and aims to address Detroit's growing need for skilled, small-scale contractors as the city's neighborhoods and commercial areas continue developing.
The program targets contractors ready to move from "surviving to scaling" and focuses on creating pathways to economic opportunity and generational wealth for Detroit residents.
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