一年后，底特律有色人种企业家基金提供了2美元.7500万美元资助近30家少数族裔小企业

2016年12月14日(底特律) – Detroit’s Entrepreneurs of Color Fund (EOC) today announced that it has awarded nearly 30 minority-owned small businesses with $2.自一年前开始发放贷款以来，该公司已累积了7500万美元的关键资本. 由底特律发展基金(DDF)、澳博官方网站app创建 & Co. and the W.K. 家乐氏基金会(WKKF), this $7 million program is supporting Detroit-based neighborhood businesses owned by entrepreneurs of color and businesses that primarily hire people of color.

“One of the most important things we can do to keep Detroit’s recovery headed in the right direction is come together to support the work being done by our minority, 小企业主,” said 市长迈克·达根. “在DDF的支持下, 澳博官方网站app和WKKF, our entrepreneurs have much greater access to the resources and tools they need to succeed and grow in neighborhoods across our city."

The EOC Fund, 哪些是由地区指定基金促成的, a密歇根州501(c)3社区发展金融机构(CDFI), provides financing to Detroit small businesses that lack access to traditional forms of credit and capital. 平机会基金的拨款是由.澳博官方网站app捐赠了500万美元, as part of their $100 million commitment to Detroit’s economic recovery, and a $3.5 million investment from the 凯洛格基金会 as part of its larger roughly $25 million annual investment in the city and commitment to promoting equity.

在澳博官方网站app(JPMorgan Chase)和W.K. 凯洛格基金会, we are providing minority 小企业主 with the capital they need to thrive,” said 雷·沃特斯，DDF总裁. “We are proud to work with entrepreneurs from downtown to our residential neighborhoods that need assistance in order to grow their companies and are pleased to now offer these services to Detroit residents."

“Small business owners like the ones benefiting from the Entrepreneurs of Color Fund are critical to Detroit’s comeback and supporting them is one of the most important things we can do,” said 杰米·戴蒙，澳博官方网站app董事长兼首席执行官. “The lessons learned from this fund are not only paying off in Detroit but have allowed us to develop similar programs for minority-owned, 洛杉矶的小企业, Chicago, 和纽约市.”

More than two-thirds of the loans are supporting neighborhood businesses, 创造约79个就业机会. Forty-five percent of the loans are supporting minority women-owned businesses.

“Seeing capital flowing to so many small businesses owned by people of color and the communities they serve in Detroit is a key leverage point for equitable, local, 经济发展,” said WKKF总裁兼首席执行官La June Montgomery Tabron. “这就是我们开发和发起这个基金的原因, in order to change the wealth trajectory of these communities now and for generations to come.”

Three examples of loan recipients include Benkari Mechanical, Rowe Trucking and Detroit Vegan Soul.

“As a female, minority, small business owner, accessing capital can be challenging,” said Adrienne Bennett, Benkari机械有限责任公司的老板. “因为这个项目, the 底特律发展基金，澳博官方网站app, 和WKKF，我们获得了迄今为止最大的合同, the domestic plumbing systems for Building C on the Little Caesars Arena, which demonstrated our ability to successfully compete with larger contractors.”

“作为一个小企业主, this money made it possible for me to keep running my business because sometimes it takes 30 to 60 days to get paid from some of the contractors that we work for,” said 朗达·罗，罗货运公司的老板. “I am grateful to the whole team at 底特律发展基金 for working with me to keep my business running."

“This loan has helped us expand to a second location to better serve our customers,” said Kirsten Ussery，底特律素食灵魂的老板. “We're grateful to 底特律发展基金 for helping us to grow our business.”

There are 50,在底特律有1000家少数族裔拥有的小企业, 使其成为少数民族创业的第四大城市. The EOC Fund is designed to increase economic opportunity by providing these businesses with greater access to capital and business assistance, 让它们成长, 在当地雇佣员工，进一步为城市的经济复苏做出贡献. 根据澳博官方网站app研究所, spending at Detroit small businesses has grown significantly – from down over 4 percent in early 2014 to up 4 percent in mid-2016.

关于底特律发展基金

DDF was established in 1996 with a mission to “improve the quality of life for residents in underserved Detroit neighborhoods.“符合501(c)(3)并获得CDFI认证, DDF向小企业提供定期贷款和信用额度, 小承包商, 营利性和非营利性的经济适用房开发商. DDF目前管理着2300万美元的贷款资本. 自2002年贷款活动开始以来, DDF已经向底特律的企业提供了3600多万美元的贷款, 这有助于保留大约1,200个工作岗位，创造了大约1,800 new jobs. Approximately 72 percent of DDF’s small business loans have been made to minority-owned companies, and over 1,由于发展基金的贷款，400个住房单位得到了修复. DDF lending activities have leveraged over $200 million in public/private investments with more than $7 million in projects under management.

关于澳博官方网站app & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5万亿美元，业务遍及全球. 这家公司是投资银行业务的领导者, 为消费者和小企业提供金融服务, 商业银行, 金融交易处理, 资产管理. 道琼斯工业平均指数的一个组成部分，澳博官方网站app & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, 其J.P. 摩根和大通品牌. 该公司利用其全球资源, expertise, insights and scale to address some of the most urgent challenges facing communities around the world including the need for increased economic opportunity. 关于澳博官方网站app的信息 & Co. is available at yu6.nr-sh100.com.

About the W.K. 凯洛格基金会

The W.K. 家乐氏基金会(WKKF), 成立于1930年，是一家独立企业, 由早餐麦片先驱威尔·基思·凯洛格创立的私人基金会, 是美国最大的慈善基金会之一. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life. 凯洛格基金会的总部设在巴特克里, Michigan, 在美国和世界各地工作, 以及主权部落. Special emphasis is paid to priority places where there are high concentrations of poverty and where children face significant barriers to success. WKKF在美国的优先位置.S. are in Michigan, Mississippi, New Mexico and New Orleans; and internationally, 在墨西哥和海地. 欲了解更多信息，请访问 www.wkkf.org 或在推特上关注WKKF @wk_kellogg_fdn.

媒体联系人:
Ray Waters, rwaters@detroitdevelopmentfund.com, 313.784.9567
斯蒂芬妮·波什, stephanie.a.bosh@jpmchase.com, 202.585.1382
Dana Linnane, dana.linnane@wkkf.org, 269.969.2301