Invest Detroit

We’re thrilled to see Sip 'N Read, the soon-to-open book and wine lounge in Corktown, featured in Crain’s Detroit Business! Congratulations, Tamela C. Todd! We can’t wait to raise a glass and turn some pages with you. https://lnkd.in/eiFUBZ6w

We're excited to share the?Nasdaq Entrepreneurial Center’s?feature on?Invest Detroit?and the work behind the?Michigan Innovation Fund—a $60M initiative designed to fuel early-stage startups and keep them growing right here in Michigan. In this interview,?Patti Glaza, Managing Director of ID Ventures,?and?Jennifer Hayes, SVP of Public Policy, share how we collaborated on a statewide coalition to turn research, collaboration, and policy advocacy into transformative legislation. From securing bipartisan support to rethinking venture capital for underrepresented founders, this piece highlights the power of strategic partnerships in shaping Michigan’s innovation future. #MichiganInnovation #VentureCapital #Startups #InvestDetroit #EcosystemBuilding #Entrepreneurship

Today, we celebrate the heart, hustle, and resilience that make Detroit unlike any other city. From the small businesses and entrepreneurs shaping our neighborhoods to the community leaders driving impact every day, Detroit is built on bold ideas and unstoppable determination. Happy #313DayDetroit!

Your credit score impacts your ability to get a job, rent or buy a home, and access loans. Join Invest Detroit and GreenPath Financial Wellness for a free virtual workshop on understanding your credit report and score. March 26th | 12PM - 1PM Learn how to read your credit report, what factors impact your score, common credit myths, and tips for building strong credit. Take control of your financial future. Register now: https://lnkd.in/e24PmpH3

How does a $1 million grant from Ally Charitable Foundation help empower development in neighborhoods across Detroit? Fox 2 News sat down with Jermaine R. Ruffin from Invest Detroit and Natalie Brown from Ally to discuss the impact of this major investment in the Strategic Neighborhood Fund. From affordable housing to small business support, this partnership is all about community-driven change.

What an incredible?#InternationalWomensDay?event hosted by the Detroit Regional Chamber at the Grosse Pointe War Memorial! We were honored to see our very own Patti Glaza, Executive Vice President, Venture & Managing Director at ID Ventures, take the stage alongside fellow keynotes JoAnn Chávez (DTE Energy and Invest Detroit Board member), Christy McDonald (Sammac Communications), and Jasmit Kaur (Culturebie). Together with over 200 women in attendance, they embodied this year’s theme of?#AccelerateAction—sharing personal stories, best practices, and fresh perspectives on how we can collectively uplift and empower women across all industries. Patti inspired with her keynote on “Investing In Yourself.” She emphasized self-care and purposeful connections—because “if you can be healthy and happy in your own life, it has that multiplier effect across others.”?#InvestDetroit?#IDVentures?#WomensLeadership

Venture 313 is taking SIX powerhouse founders to SXSW 2025! Detroit’s innovation is hitting the global stage in Austin, and these trailblazing entrepreneurs are leading the way: ?? Paris Plain, Founder of Ultrium – revolutionizing AI-driven data security. ? Brittany M., Founder of OptimizeEV – making EV charging smarter and more accessible. ?? Jameson Detweiler, Founder of Strut Motors – redefining urban mobility with electric microcars. ?? Sam S Cerwin, Founder of BeReworn – fostering a sustainable fashion community through clothing swaps and upcycling. ?? David R. Medina álvarez, Founder of Livaq – transforming off-roading with high-performance electric ORVs. ?? Farai Gundan, M.B.A. M.P.A (Harvard), Founder of Bhadala – streamlining mobility with a MaaS platform for seamless, accessible transit. From clean tech to fashion, mobility, and AI, these founders are shaping the future. Stay tuned as we take Detroit to SXSW 2025 and show the world what the 313 is made of! Gilbert Family Foundation Invest Detroit TechTown Detroit Detroit Development Fund #Venture313 #DetroitToSXSW #FoundersOnTheRise #InnovationInMotion #SXSW2025

TechTown Detroit and Venture 313 client CircNova, Inc’s founder, Crystal Brown, made news last week when she announced her $3.3 million pre-seed round in a TechCrunch exclusive article. The piece highlighted her journey, her vision, and how her startup is using AI to revolutionize drug discovery. ?? Her journey began with the Conquer Accelerator program at Michigan State University, followed by securing a $15,000 grant from Venture 313 to fund her patent application. As she proved CircNova’s concept, Brown built a team of industry leaders and advisors ranging from Michigan to Massachusetts to bring her disruptive vision for the future of RNA therapeutics to life.?? The round was led by South Loop Ventures and included additional investments from Dug Song, Invest Detroit, Union Heritage, Michigan Rise, Ann Arbor SPARK, Kalamazoo Forward Ventures, and several others. CircNova’s AI-driven biotech approach aims to unlock a new era of drug development, using AI to design circular RNA structures that were previously very difficult to create, leveraging their proprietary NovaEngine?. ?? Now, she’s focused on building CircNova’s base in Detroit as the company continues developing technologies to identify therapeutic solutions.

Thank you, Philanthropy News Digest for spotlighting Ally Charitable Foundation’s $1 million gift to the Strategic Neighborhood Fund! We’re proud to support growth and help build a brighter future in Detroit. Thank you for highlighting this partnership and all it means for our community. #Ally #InvestDetroit #Philanthropy #Detroit https://lnkd.in/eK_CCzvr

Motor City Contractor Fund is preparing Detroit contractors to go to the next level!