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## City of Detroit Invests in 18 Local Businesses with $890,000 in Grants

The City of Detroit’s Economic Growth Corporation (DEGC) recently announced the recipients of $890,000 in grants as part of the 26th round of the Motor City Match program. This initiative aims to support local businesses and foster economic growth within the community.

The grants will benefit a diverse range of businesses, from breweries and coffee shops to bookstores and gift shops. These 18 businesses are located across 17 different Detroit neighborhoods, contributing to the overall vibrancy and development of the city. In addition, 11 existing small businesses received $251,000 to make physical improvements to their spaces, bringing the total investment to $1.1 million.

The program’s impact was amplified with the support of funds from the American Rescue Plan Act, demonstrating a strategic approach to leveraging resources for the benefit of Detroit’s business community. Amidst initial doubts, Mayor Mike Duggan expressed his pride in the program’s success, highlighting the entrepreneurial spirit and commitment of the recipients.

### How AI legalese decoder Can Help

The AI legalese decoder can play a crucial role in this situation by simplifying and clarifying legal documents and contracts related to the grant funding process. It can assist businesses in understanding the terms and conditions of the grants, ensuring transparency and compliance with regulatory requirements. By providing a user-friendly platform for legal language translation, the AI legalese decoder enhances communication and facilitates informed decision-making for grant recipients, empowering them to make the most of the funding opportunities.

### Program Reinforces Entrepreneurial Dreams in Detroit

With over $1 million in funding allocated to these businesses, the Motor City Match program continues to be a catalyst for realizing entrepreneurial dreams in Detroit. The DEGC President and CEO, Kevin Johnson, emphasized the transformative potential of these grants in revitalizing neighborhoods and empowering local entrepreneurs.

Detroit City Council President Mary Sheffield underscored the program’s broader impact beyond economics, highlighting its role in fostering diversity, innovation, and community resilience. By nurturing small businesses and promoting local talent, the program contributes to the cultural and economic fabric of the city.

Since its inception in 2015, the Motor City Match program has supported over 2,000 businesses, leading to the establishment of 167 new brick-and-mortar enterprises in Detroit. The latest round of grant recipients includes a diverse array of businesses, ranging from childcare centers to VR experiences, showcasing the city’s entrepreneurial spirit and creative innovation.

### Cash Awardees in Round 26

The 18 selected businesses received grants ranging from $20,000 to $80,000, enabling them to expand their operations and enhance their offerings. The variety of businesses, from beauty supply stores to breweries, reflects the dynamic entrepreneurial landscape in Detroit. Each recipient plays a vital role in enriching the city’s cultural tapestry and contributing to its economic growth.

The Motor City Match program has not only provided financial support but also served as a platform for nurturing local talent and fostering innovation. With the ongoing success of the program, Detroit continues to position itself as a hub for entrepreneurial excellence and community development.

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