In an article titled, “Who wants to be an Entrepreneur?” AP writer, David N. Goodman, reported that “the Kansas City, Mo.-based Kauffman Foundation has launched a $9.25 million initiative to find 800 Detroit-area people this year with the ideas, talent and drive to start businesses that could help the nation’s struggling auto capital develop a new economic base.”
On August 18th there will be the final session for the Detroit FastTrac to the Future program. Individuals are encouraged to come and present their businesses ideas with hopes of gaining the collateral to develop their own businesses in this trying economic climate.
With Michigan having the nation’s highest unemployment rate, at 15.2 percent, this program hopes to “create thousands of jobs, spur growth of small businesses, help auto suppliers diversify and make sure minority businesses fully participate in the new green economy.”
By year’s end, the Detroit FastTrac program seeks to pick 800 people to help, with the hope that 400 will end up starting businesses with the overall goal to create 1,200 new companies over the next three years.
We at Clarity Quest are excited about this business venture for Michigan residents and hope that we will be able to help publicize these new businesses using our marketing services.
For a link to the full article, please click the link below.
http://www.wwj.com/pages/4976532.php