According to Christie Baer, assistant executive director for the University of Michigan’s Center on Finance, Law and Policy, downtown businesses face a big decision as the pandemic continues.
“Businesses that thought that they just had to weather a short storm are suddenly realizing that it’s going to be like this for a long time,” she said. “It just becomes not as worth it to pay a higher cost of being downtown.”
The Detroit Neighborhood Entrepreneurs Project, an interdisciplinary clinic that pairs Detroit neighborhood-based businesses with students from the Ross School of Business, Law School, and Stamps School of Art & Design is looking for a few more students from the Ross School for its second semester pilot. Students receive 2-3 credits as independent study research hours under the direction of Professor Cathy Shakespeare. The program is funded by JPMorgan Chase Foundation and M Cubed.
ABOUT THE DETROIT NEIGHBORHOOD ENTREPRENEURS PROJECT
The goals of this project are to help Detroit small businesses – particularly minority- and women-owned small businesses, identify and overcome obstacles to …
