Invest Detroit

What is Invest Detroit?

Invest Detroit is a mission-driven financial institution focused on igniting economic growth in Detroit. With a vision to ensure revitalization benefits all residents, they endorse an economic future where every entrepreneur can flourish and reinvest locally.

Since their founding, their commitment to Detroit's renewal has been evident for over 25 years. As a private equity fund, Invest Detroit specializes in debt, equity investments, and provides support in areas such as expansion, acquisition, and restructuring. With assets under management of around $110 million, they strive to empower impact-driven entrepreneurs and back equitable development, mixed-income housing, and high-growth startups.

Their investment strategy is marked by a minimum investment threshold of $500,000 and a maximum of $2,000,000. Invest Detroit operates through four focus areas: Real Estate, Small Business, Commercial & Industrial, and Venture Capital.

They aim to strengthen Detroit's neighborhoods by collaborating with residents, developers, and various local entities to catalyze growth and inspire prosperity in targeted locations. They prioritize projects like mixed-use developments to increase population density, offer affordable housing, and thereby improve safety and local economies.

Supporting a diverse range of businesses is crucial to them as they aim to create and maintain jobs for Detroit's residents. Finally, inclusivity remains a central tenet in all their initiatives.

They ensure a percentage of affordable units in multi-family housing, identify and support developers of color, and actively seek entrepreneurs who are persons of color, immigrants, women, or Detroit residents. Over the years, their efforts have led to the creation and retention of thousands of jobs, construction of housing units, including affordable ones, and the support of numerous entrepreneurs and developers of color and female entrepreneurs.

With a history of executing in challenging development conditions, they have committed over $544 million in funds, leveraging an additional $3.6 billion, to support the growth of Detroit.

What they say:

We are a fund that supports innovative companies in their initial growth phases.

What we look for: We invest in early-stage financing within the private sector.