New Economy Initiative is a government-backed investor. Among the 10 companies in the known portfolio are Black Leaders Detroit, Detroit Development Fund, Detroit Economic Growth Corporation, Detroit Regional Chamber, Endeavor Detroit and Grace in Action Collectives.
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Investment focus
- Focus
- Community GrantsEconomic DevelopmentInclusive Entrepreneurship
New Economy Initiative portfolio companies (10)
- Black Leaders Detroit
- Detroit Development Fund
- Detroit Economic Growth Corporation
- Detroit Regional Chamber
- Endeavor Detroit
- Grace in Action Collectives
- Great Lakes Women's Business Council
- ISAIC
- Michigan Hispanic Chamber of Commerce
- Michigan Small Business Development Center
Co-investors
Funds that share portfolio companies with New Economy Initiative.
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About New Economy Initiative
The firm's listing covers focus areas Community Grants, Economic Development and Inclusive Entrepreneurship.
New Economy Initiative shares portfolio companies with one other investment firm, Knight Foundation.
Frequently asked questions
What is New Economy Initiative?
New Economy Initiative is a government-backed investor with a known portfolio of 10 companies. The portfolio comes from public investment records rather than from the firm, so deals that never surfaced publicly are not in it.
What does New Economy Initiative invest in?
Listed focus areas include Community Grants, Economic Development and Inclusive Entrepreneurship. Those tags come from the portfolio attached to the firm, so they describe what has been backed rather than a stated mandate for what comes next.
How do I contact New Economy Initiative?
Any email address on file for the firm is masked on this page and readable inside RaiseHunt after you create an account.
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Data: RaiseHunt investor dataset · Snapshot 5 September 2026 · How this data is built · Report a correction or request removal