Detroit is filled with passionate, talented entrepreneurs who have big, game-changing ideas, but there are often barriers that hold them back from achieving success. Inspired by the entrepreneurial spirit and legacy of our founder Dan Gilbert, the Gilbert Family Foundation seeks to remove these barriers and unlock the entrepreneurial potential within every Detroit resident.
One example of this mission is Venture 313, a platform designed to provide the capital, coaching and community Detroit entrepreneurs need to not just start businesses, but to launch successful ventures. Venture 313 was launched with a $10 million commitment to three founding partners: TechTown, Invest Detroit, and Detroit Development Fund, who will use the investments to deploy funding ranging from $500 to $250,000 into Detroit businesses. Additionally, Venture 313 will provide ongoing support for entrepreneurs, as well as events to inspire even more participation in Detroit’s entrepreneurial ecosystem.