Detroit Legacy Business Project Provides Financial Support
The Detroit Legacy Business Project is offering crucial financial support to long-standing businesses in the community. Launched to help establishments that have been part of Detroit for 30 or more years, this grant program has disbursed nearly $1 million since its inception, with over $300,000 available in the latest funding round, which is open for applications until October 5.
One notable participant is Sweet Potato Sensations, a bakery that has been serving the Detroit community since 1987. Co-owner Espy Thomas shared that the business began with a family recipe, showcasing how personal stories intertwine with community establishments.
Funding Impact
Last year, Sweet Potato Sensations received a $50,000 grant, which was instrumental in upgrading their kitchen and facilities. Thomas expressed the significant positive outcome of external funding on their operation, emphasizing that it not only improved their service but also helped them sustain the business longer.
Broader Importance
The Detroit Economic Growth Corporation (DEGC) highlights that businesses like Sweet Potato Sensations are vital to the cultural fabric of Detroit. Sean Gray, vice president of small business services at DEGC, stressed the importance of these businesses in preserving community history and memories.
As the application deadline approaches, Gray encourages community members to inform business owners about this funding opportunity, as many may be unaware of the support available.
Summary
This financial initiative underscores the value of longstanding businesses in Detroit, helping them to thrive while enriching the community’s history and culture.
