Program impact doubled through federal ARPA dollars
In addition to the $1.2 million in grants to help the 23 new brick-and-mortar businesses open, eight existing small businesses were awarded a total of $171,800 to make physical improvements to their existing space, bringing the total investment into small businesses in this round to $1.4 million.
“This funding is helping propel 23 Detroit businesses forward as they grow their companies and make their entrepreneurial dreams happen. But even more, this investment supports the bigger picture – it contributes to making Detroit a vibrant, economically strong city that we all care deeply about,” said DEGC President and CEO Kevin Johnson. “The DEGC remains dedicated to nurturing a thriving business community here in Detroit, and we can't wait to see the positive changes these grants will spark in our neighborhoods.”
A major source of funding for Motor City Match grants is President Biden's American Rescue Plan Act (ARPA). The injection of ARPA dollars has enabled the program to double its quarterly grant awards to more than $1 million per round, assisting even more entrepreneurs in renovating and revitalizing their spaces. Since Round 20, this influx of $8 million has empowered local business owners to pursue their aspirations while uplifting the wider Detroit community. By leveraging the federal funding, Motor City Match continues opening doors for small businesses across the city.
The program also offered awards to 52 more entrepreneurs in its Business Plan, Develop and Design tracks in addition to the grants. These awards offer essential support for Detroit businesses still working on their projects, including business services, training and one-on-one advising.
In total, 83 Detroit businesses representing seven council districts received support from Motor City Match’s 25th round.
“Each year the DEGC through Motor City Match continues to expand its reach by tapping new businesses and entrepreneurs within various markets and industries to grow and support our small business community,” said Detroit City Council President Mary Sheffield. “This program continues to assist the creative and innovative business owners in Detroit who have a vision for their communities and understand the important role small businesses play in creating and developing strong ties to our residents and neighborhoods.”
Since 2015, Motor City Match has awarded more than 2,000 businesses, resulting in 165 new brick-and-mortar businesses currently operating throughout the city.
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