NEIdeas $100k Challenge awards available for growing businesses

images_small-business-owner1NEIdeas is a program that celebrates existing businesses in Detroit, Hamtramck and Highland Park – rewarding those with the best ideas for growth. The organization operates on the premise that one great idea can help a good business grow.
NEIdeas is providing $500,000 in cash awards to over 30 existing businesses in 2015 through its $10k Challenge and $100k Challenge programs. The $10k Challenge is now closed and the $100k Challenge is underway.
The $100k Challenge is for existing businesses that gross over $750,000 and under $5-million annually and have plans to grow ‘big’.  The deadline for the initial 400 word application is June 25 at 11:59 pm.
For ore information two attend one of these upcoming opportunities to learn more about the challenge;
Thursday, June 11, from 6 p.m. to 8 p,m.
NEIdeas $100k Challenge Info Session
 Second Ebenezer Church
14601 Dequindre Rd.
Thursday, June 18
NEIdeas $100k Challenge Workshop (Info Session, followed by opportunities for one-on-one consultation).
Eastern Market-Shed 3
2934 Russell St.
Call (844) NEI-DEAS to RSVP or email Danielle Smith at to learn more about upcoming sessions.In addition to cash rewards, NEIdeas connects small businesses to the entrepreneurial ecosystem. This ecosystem includes over 54 small business support organizations. By entering NEIdeas, applicants gain the connection to additional support, exposure for their business, a connection to other entrepreneurs, and access to resources.
NEIdeas is a program of the New Economy Initiative, and the Community Foundation for Southeast Michigan, and is operated with assistance from Detroit Economic Growth Corporation .

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