2017 Detroit Entrepreneurial Study

2017 Detroit Study Cover

Detroit is an increasingly attractive location for entrepreneurs who are looking for an energetic, vibrant city to locate, live and launch their companies.

Michigan Venture Capital Association analyzes and collects data annually on regional and statewide entrepreneurial activity and diversity. According to the 2017 Detroit Entrepreneurial Study, recent trends show rapid growth in Detroit’s entrepreneurial and investment community; however, to ensure the city’s economic prosperity, Detroit will need to improve access to capital to support its fastest-growing companies. Data indicates the demand for funding from new startup companies, coupled with the need for follow-on funding by existing startup companies, exceeds what is currently available, reflecting the need for additional funds to help Detroit’s many venture-backed companies succeed.

Download the 2017 Detroit Entrepreneurial Study Here