We’re proud to share that the New Economy Initiative has renewed a $100,000 grant to the Michigan Hispanic Fund in support of our Adelante Michigan program.

AUBURN HILLS — The New Economy Initiative (NEI) announced the renewal of a $100,000 grant to the Michigan Hispanic Fund, the 501c3 foundation of the Michigan Hispanic Chamber of Commerce, for our program Adelante Michigan to support small businesses and entrepreneurs in Wayne County as they launch, grow, and scale their operations.

Continued support for Hispanic micro businesses is essential to their long-term success. These small enterprises often face significant barriers—from financial constraints to a lack of technical knowledge—that can hinder growth and sustainability. We help these businesses grow and become more sustainable by providing the individual technical assistance they need.

This support empowers entrepreneurs to build strong foundations, adopt modern tools and practices, and contribute to a more vibrant, inclusive local economy.

About the New Economy Initiative 

The New Economy Initiative is a philanthropic collaboration and initiative of the Community Foundation for Southeast Michigan that is working to build a regional network of support for entrepreneurs and small businesses. Its mission is to grow an inclusive culture of entrepreneurship in southeast Michigan that benefits all residents and strengthens the regional economy. Since 2009, NEI has awarded 750 grants totaling $145.4 million, assisting 29,699 companies in the ecosystem. Learn more at https://neweconomyinitiative.org/.

The Community Foundation for Southeast Michigan is a full-service philanthropic organization leading the way to positive change in our region. As a permanent community endowment built by gifts from thousands of individuals and organizations, the Foundation supports various activities benefiting education, arts and culture, health, human services, community development, and civic affairs. Since its inception, the Foundation has distributed more than $1 billion through nearly 67,000 grants to nonprofit organizations throughout Wayne, Oakland, Macomb, Monroe, Washtenaw, St. Clair, and Livingston counties. For more information, please visit www.cfsem.org

Learn more about the Adelante Michigan Program: Community Chamber | Michigan
Hispanic Chamber of Commerce | www.mhcc.org/adelante-michigan