New Economy Initiative
Overview
New Economy Initiative is a philanthropy-led economic development initiative and special project of the Community Foundation for Southeast Michigan that invests in organizations and programs to build an inclusive network of support for entrepreneurs and small businesses in southeast Michigan.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Banza | Nov 2015 | Grant | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is New Economy Initiative based?
New Economy Initiative is headquartered in Detroit, Michigan, United States.
When was New Economy Initiative founded?
New Economy Initiative was founded in 2007.
How many portfolio companies does New Economy Initiative have?
New Economy Initiative has 1 portfolio company in Caplight's dataset.
What are some companies in New Economy Initiative's portfolio?
Recent investments visible on Caplight include Banza.
What was New Economy Initiative's most recent investment?
New Economy Initiative's most recent investment on Caplight was in Banza in 2015.
What sectors does New Economy Initiative focus on?
New Economy Initiative focuses on Consumer & Commerce.
What company stages does New Economy Initiative focus on?
Stage focus information for New Economy Initiative is not publicly available.
What is New Economy Initiative's AUM?
New Economy Initiative's assets under management are estimated between $159.0M and $159.0M.