New Economy Initiative

Entrepreneurs in NEI’s network support an average of 8,800 jobs annually, generating $1.4 billion in wages and $7.1 billion in total output.

That impact shows up in businesses like Pronko Enterprises, a family-run operation that now supports dozens of Michigan companies through co-packing food products, creating opportunities for other companies to bring their products to market.

Read our latest impact report to discover more small business and business support organization stories behind the numbers.

Explore the report: https://bit.ly/3P9QFbp

Community Foundation for Southeast Michigan

NEI’s investments in the region’s business support organizations help unlock additional funding for small business owners in southeast Michigan. In 2017, leveraged capital reached $300 million, turning investment into expanded opportunity and helping open doors that once felt out of reach.

For Tanya Ali, owner of AGI Construction Solutions access to the right connections and funding meant being able to take on larger projects and expanding the organization’s presence in the community. Read more about Tanya’s story and other small businesses in our latest impact report.

Across NEI’s network, entrepreneurs generated $7.1 billion in total output between 2016 and 2024. That translates to 8,800 jobs annually, $1.4 billion in wages for workers and families, and $2.8 billion in economic spending in southeast Michigan.

With grant support from NEI’s business support organizations, Ameneh Marhaba owner of Little Liberia took her catering business to the next level and opened a brick-and-mortar restaurant where neighbors gather around the table, with grant support from NEI’s business support organizations.

Local businesses like Little Liberia are where economic activity and community connection meet. Explore our impact report to read more stories from small businesses and the organizations supporting them.

Read the full report: https://bit.ly/4wePQ1Q