6 Incubators Breeding Better Businesses to Rebuild Detroit

Mar 5, 2014 3:00 PM ET
Each year, the Hatch Detroit Contest gives life to big ideas by granting $50,000 to the most innovative and promising local retail business concepts. | Image credit: Michigan Municipal League

6 Incubators Breeding Better Businesses to Rebuild Detroit

It takes a village to raise an entrepreneur. So, what happens in a city whose population shrank by more than half in the last 50 years? For many can-do entrepreneurs, the deserted city is now a clean canvas where they are free to experiment. At the same time, a number of business incubators in Detroit are stepping in, offering budding entrepreneurs training, shared office space and other resources to pursue their dreams. And for many of these incubators, the triple bottom line is an integral part of their identity and Detroit’s revival.

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