PFE + DCWF + C2BE + MICEO
Access to Capital
People First Economy, Detroit Community Wealth Fund, Center for Community-Based Enterprise, and Michigan Center for Employee Ownership are a collective of MEDC’s SSBCI Technical Assistance program grant, serving to provide capital for very small businesses (VBS – businesses under 10 employees) and socially and economically disadvantaged individuals (SEDI) looking to transition to employee-operative models by offering the following:
- Helping business owners find and win capital
- Increasing financial and business management skills
- Providing support across the entire state
Contact Us to Learn More!
Reach out to one of our team members to learn more about this program.
Dig Deeper
Helping Small Business Owners Find & Win Capital
In August 2024, we explored pivotal topics in economic development through two enlightening webinars, focusing on the State Small Business Credit Initiative (SSBCI) 2.0. These sessions offered a comprehensive look at how SSBCI 2.0 can transform local economies and support small businesses. View the detailed recap of the insights shared in the presentations.
Michigan Business Development Group Secures Government Support for Local Entrepreneurs
Business development organization, People First Economy (PFE), among eight additional statewide organizations, has received federal funding through the State Small Business Credit Initiative (SSBCI) Technical Assistance grant program. The funding initiative announced by Lieutenant Governor Garlin Gilchrist II aims to increase businesses’ access to technical assistance and funding. PFE is partnering with three aligned organizations focused on worker ownership: the Center for Community Based Enterprise (C2BE), Detroit Community Wealth Fund (DCWF), and Michigan Center for Employee Ownership (MICEO) to facilitate connections between Community Development Financial Institutions (CDFIs) and 60 small businesses for loan readiness and management technical assistance.
Meet the Collaborative
