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Detroit Means Business coalition raises $1 million, seeks more funding for 10 big equity goals

Detroit Means Business, a public-private coalition formed to help entrepreneurs navigate the coronavirus crisis, announced Tuesday that it has 10 big goals to help small businesses past the pandemic and needs at least $9 million to do it. The effort housed under city development agency Detroit…

Detroit Means Business raises $1 million, seeks $8 million more for 10 big equity goals

Detroit Means Business raises $1 million, seeks $8 million more for 10 big equity goals
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Public-private Detroit Means Business effort gets leader

Public-private Detroit Means Business effort gets leader New executive aims to grow the entrepreneur assistance website Detroit Means Business created to respond to business needs during pandemic Kai Bowman A coalition that the city of Detroit and 30 private organizations formed to help businesses navigate the coronavirus pandemic just got a captain. Kai Bowman began the position leading Detroit Means Business on Dec. 8, according to a news release. He comes to the job from Mayor Mike Duggan s office, where he was executive director for planning, housing and development. Bowman s hiring comes after a national search led by Detroit Means Business Chair Carla Walker-Miller, CEO of Detroit-based Walker-Miller Energy Services. His title is vice president of the coalition, which is a subsidiary of the nonprofit arm of quasi-public development agency the Detroit Economic Growth Corp. Bowman s boss is Kevin Johnson, CEO of the DEGC.

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