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Detroit Economic Growth Corporation — Business Attraction Grants

Detroit Economic Growth Corporation (DEGC)DET-DEGC
Max per Applicant

$250K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Detroit, MI

About This Program

Grants, loans, and incentive packages for businesses creating jobs and investing in Detroit neighborhoods, including facade improvement grants, neighborhood storefront programs, and major employer attraction tools.

Key Requirements & Eligibility

  • 1Business must be locating or expanding within Detroit city limits
  • 2Facade and storefront grants: up to $25,000 for exterior improvements in commercial corridors
  • 3Neighborhood business loans: $10,000–$250,000 at below-market rates
  • 4Major employer packages negotiated individually with City Council approval
  • 5Priority for businesses hiring Detroit residents (preferred: 51%+ of new hires)

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

ManufacturingRetailSmall BusinessReal Estate
Official Source