**Detroit Startups Score $450K in Motor City Match Funding** Exciting news for local entrepreneurs as Motor City Match awards $450K to boost new

# **Motor City Match Awards $450K to Boost Detroit’s Newest Small Businesses**

Detroit’s small business scene just got a major boost! The latest round of **Motor City Match (MCM)** grants has awarded **$450,000** to 14 entrepreneurs, fueling dreams and revitalizing neighborhoods across the city.

This program, a partnership between the **City of Detroit and the Economic Development Corporation**, connects aspiring business owners with funding, real estate, coaching, and more—helping them open, expand, or stabilize their ventures.

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## **Who Won in This Round?**

The latest winners represent a diverse mix of industries, including **eateries, retail shops, and service-based businesses**. Here’s a snapshot of some standout recipients:

### **Food & Beverage Winners**
- **A new soul food restaurant** bringing Southern flavors to a key Detroit neighborhood
- **A specialty coffee shop** aiming to create a community hub
- **A dessert bar** offering unique sweet treats

### **Retail & Service Businesses**
- **A boutique skincare line** expanding with a brick-and-mortar location
- **A fitness studio** focusing on wellness for Detroit residents
- **A minority-owned bookstore** fostering literacy and cultural awareness

Each winner receives **up to $50,000** in grant funding, along with additional support like technical assistance and mentorship.

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## **Why This Matters for Detroit**

Detroit’s small businesses are the **backbone of the local economy**, and MCM plays a crucial role in:

✅ **Creating Jobs** – New businesses mean more employment opportunities.
✅ **Revitalizing Neighborhoods** – Empty storefronts turn into vibrant community hubs.
✅ **Supporting Minority Entrepreneurs** – Over **80% of MCM winners** are minority- or women-owned.

Since its launch in 2015, **Motor City Match has awarded over $15 million** to **1,500+ businesses**, with **170+ storefronts now open** across the city.

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## **How to Apply for Future Grants**

Thinking of starting or expanding a business in Detroit? **Applications are accepted quarterly**, with the next deadline coming soon.

### **Key Steps to Apply:**
1. **Check Eligibility** – Open to startups and existing businesses in Detroit.
2. **Submit a Business Plan** – Clarity and feasibility matter.
3. **Pitch Your Vision** – Convince the panel your idea has impact.

Winners gain **cash grants, real estate matches, and expert guidance** to bring their ideas to life.

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## **What Do You Think?**

- **Should cities prioritize funding for small businesses over large corporate incentives?**
- **Is gentrification a concern when new businesses move into developing neighborhoods?**
- **Would you apply for a grant like Motor City Match if you had a business idea?**
- **Do programs like this actually help local economies long-term, or just provide short-term boosts?**

Let’s discuss—drop your thoughts in the comments!

*Stay tuned to **Breaking Now News (BNN)** for more updates on Detroit’s business growth.*