Center on Finance, Law, and Policy secures grant to assist Detroit entrepreneurs
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Photo credit: Abigail DeHart '19L |
Students interview a pop-up restaurateur in Detroit as part of the Detroit Neighborhood Entrepreneurs Project.The Center on Finance, Law, and Policy, run by faculty director Michael Barr, has received a $125,000 grant from JPMorgan Chase for the Detroit Neighborhood Entrepreneurs Project.
The project, an interdisciplinary initiative involving the University of Michigan’s Law School, Ross School of Business, and Stamps School of Art & Design, helps Detroit neighborhood-based small businesses navigate a range of growth challenges including incorporation, intellectual property protection, automation, and more.
Student and faculty teams provide individual, direct service to entrepreneurs to address their most pressing business needs. These include accounting system setup, automation assistance, organizational process refinement, market research, branding, design, financial analysis, business plan drafting, and legal services.
“JPMorgan Chase has made a real investment in Detroit entrepreneurs,” says Christie Baer, assistant executive director of the center. “We are thrilled to partner with them to help get local businesses in the best position possible to grow and expand.”
For more information about the Detroit Neighborhood Entrepreneurs Project or the work of the Center on Finance, Law, and Policy, contact Christie Baer, assistant executive director, at cbaer@umich.edu.