New Economy Initiative

Economic Development Organization

New Economy Initiative

The New Economy Initiative (NEI) is the largest philanthropy-led economic development initiative in the U.S. working to build a regional network of support for entrepreneurs and small businesses. NEI makes grants (over $150 million since 2008) to entrepreneurial service providers that are helping all types of businesses grow and thrive in metro Detroit. Equity and Inclusion are guiding principles of NEI’s investments. A special project of the Community Foundation for Southeast Michigan, NEI is supported by 13 national and local foundations.



  • Pamela Lewis
    Director, New Economy Initiative
  • Matthew Lewis
    Communications Officer, New Economy Initiative

Company Stages Served

  • Growth/Expansion
  • Idea/Pre-Seed
  • Mezzanine
  • Seed

Industry Sectors Served

  • Alternative Energy
  • Business Services
  • Consumer Products
  • Media
  • Mobility
  • Other

Types of Programs Offered

  • Capital
  • Other

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From public policy to the new ideas and breakthrough investment opportunities, MVCA will keep your finger on the pulse of must know information in the industry.


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