Entrepreneurs setting up shop in Detroit
Rishi Jaitly in The Detroit News
They didn't come because of major tax breaks. They aren't looking to move even as city leaders attempt to stave off bankruptcy.
Many entrepreneurs have staked their ground in Detroit because they see business opportunities and social needs.
"There are countless examples that showcase Detroit's real spirit," said Rishi Jaitly, Detroit program director for the Knight Foundation, which supports what Jaitly and others say is a thriving network of social entrepreneurs and small businesses.
"There is a spirit of urban innovation that's advancing economic opportunity, quality of life and civic engagement across Detroit." Here are four examples of companies that are enthused about Detroit, and hope to capitalize on its emerging trends and unmet needs.
About the John S. and James L. Knight Foundation
Knight Foundation supports transformational ideas that promote quality journalism, advance media innovation, engage communities and foster the arts. We believe that democracy thrives when people and communities are informed and engaged. For more, visit www.knightfoundation.org.