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FUND

 

SIGN OUR PETITION TO SECURE $2.5M

Detroit received $826M from ARPA, of which $40M was allocated for small businesses. To ensure Black-led businesses have equitable access to these funds, BLD requests to manage $2.5M as part
of our no-interest loan program scheduled to launch in January, 2022.

$328,700

Given to date by BLD to black-led businesses and organizations.

Cooperative Economics

By pooling our resources together, we can help fund projects that support our own narrative.

Neighborhood Stabilization

When funded projects become successful, the return on investment ultimately leads to neighborhood stabilization.

Self-Advocacy

Self-advocacy starts with an intentional economic foundation. We plan to strengthen the economic foundation of our communities.

 
ABOUT US

Fully aware that Detroiters of African descent have never lacked creativity, viable economic strategies, entrepreneurial zeal, or innovative business

models, the Black Leaders Detroit Fund aims to diminish the disparities by providing the one thing that has been lacking: financial support.

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OUR VISION

A model and thriving city of fully empowered, responsive leaders and entrepreneurs reflective of its demographics.

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OUR PLAN

We want 1 million members to contribute $1/week to fund our plan to change lives and impact black residents and communities in Detroit.

OUR MISSION

To provide financial support for diverse social and community impact projects originated and led by Detroiters of African descent.

WHY BLACK LEADERS DETROIT FUND?

Ongoing Support

BLD Fund will leverage long-standing local and national self-empowerment sentiment among African-Americans with current social media networking habits and mobile application technology into an ongoing $1 per week funding campaign.

Restoring Trust

Socioeconomic inequity has led to tension, mistrust, justifiable frustration, and what some call the emergence of an “old and new” Detroit narrative.

Neighborhood Stabilization

Decades long divestment coupled with white (and black) flight depleted the city’s tax base and severely limited economic development, especially within neighborhoods.

Self-Empowerment

The remaining African American middle class that stayed the course decry the absence of interest, investment, and stabilization efforts to further empower them and grow their numbers.

New Opportunities

With positive population growth in Detroit, economic opportunities abound in certain sectors but sorely lack local African American leadership or participation.

Wealth Building

A recent Detroit Future City report charts a plummeting of Detroit’s middle class from 54% to 25% from 1990 to 2010.

 
OUR PARTNERS

OUR TEAM

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Dwan Dandridge

CEO/Founder

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Ken Elkins

COO

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Kacey Collins

Community Engagement Coordinator

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Jarod Pratt

Development & Communications Coordinator

 
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Amber Warren

Content Director

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Imani Coklow

QA and Systems Coordinator

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Reatta Jefferson

Fund Raising Assistant

 

BOARD OF DIRECTORS

Kim Uhuru

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Deputy Administrator Michigan Attorney Grievance Commission

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Quan Neloms

Career Counselor

Wayne RESA

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Shannon Ghaston

Director

Spirit of Detroit Project at Cornerstone

ALLY COUNCIL

Though the group that we are looking to provide financial support for is very specific, the supporters of the work come from varied backgrounds. We are glad to have committed allies that are invested in the work that we are doing. We have asked some of them to serve on an ally council. This council will serve as a vital piece when it comes to BLD creating access to capital for Black Entrepreneurs.

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Doug Stewart

Executive Director 

Max M. & Marjorie S. Fisher Foundation

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Cindy Eggleton

Deputy Administrator Michigan Attorney Grievance Commission

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Jim Tenzillo

Vice President

Invest Michigan

 
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Jack Elsey Jr.

Partner & CEO

Detroit Children's Fund

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Chris Lambert

CEO

Life Remolded

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Marcus Lyon

British Artist and Social Entrepreneur

CONTACT US

8425 W. MCNICHOLS ROAD
DETROIT, MI 48221
USA

313.550.4343

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