Detroit Focusing on Entreprenuership
Michigan Chronicle: Urban Entrepreneurship Training Coming to Detroit
By Edward Foxworth III
According to MBDA’s The State of Minority Business Enterprises, minority-owned firms generated more than
$661 billion in annual sales and employed approximately 4.7 million people. From 1997 to 2002, the number of minority firms grew at a rate of 35 percent.
The Center for Entrepreneurship & Innovation (TCEI), in collaboration with its partners, will serve as a hub for Metro Detroit entrepreneurs to interact as they participate in a variety of business workshops, educational seminars and a certified entrepreneurial program.
“Our focus is to enhance entrepreneurial performance,” says Edward Foxworth III, founder and CEO of The Center for Entrepreneurship. “In the midst of Detroit’s renaissance, there are millions of dollars in contracts ready to be awarded to capable businesses; however, people and their respective businesses must be trained.”
Posted by Natasha Eldridge, Senior Fellow, Office of the Chairman