In Detroit, hundreds of entrepreneurs gathered at the Cambria Hotel for the annual Detroit Means Business Summit. The conference, held on May 6th, was a valuable resource for small business owners seeking to grow and succeed in their ventures. Attendees had access to leaders from different organizations, networked with others and sought out mentors.
Dr. Marlo Rencher, president of Detroit Means Business, emphasized the importance of small businesses in the city’s economy. He pointed out that these businesses employ more than half of Detroit’s population. The summit aimed to provide entrepreneurs with the tools and knowledge they need to not only survive but also thrive in the growing city economy.
One of the highlights of the summit was the launch of Buktu, a new technology designed to assist entrepreneurs in navigating resources and information for their small businesses. Additionally, Detroit Means Business announced Black Bottom Billions, a revenue-based game that promotes competition among entrepreneurs while paying homage to Detroit’s Historic Black Bottom business district.
Attendees expressed their gratitude for the information and resources provided at the summit. Jonathan Farley, owner of Access Point Towing and Transport, acknowledged how important it was to gain knowledge to ensure his business’s sustainability. He was attending his first small business summit and found it incredibly informative.
The event was successful as several grants were awarded to small businesses present at the summit. The aim was to empower and support small business owners as they continue to be vital assets to Detroit’s neighborhoods.
In conclusion, the Detroit Means Business Summit proved fruitful as it provided valuable resources for small business owners looking to grow their ventures while creating an atmosphere conducive for networking and collaboration among attendees.
