Venture 313 is a platform that was built by and for the people of Detroit and provides the capital, coaching and community they need to not just start businesses, but to launch ventures.
Venture 313 comprises a three-year, $10 million commitment to three founding partners: TechTown, Invest Detroit, and Detroit Development Fund. Through Venture 313, these partners will invest $500 to $250,000 into Detroit businesses through a mixture of grant funding and equity-like investments, depending on a business’ size, situation and need. Venture 313 will also provide unique programming and networking opportunities for participating Detroit businesses.
To obtain funding and other benefits of Venture 313, interested entrepreneurs will create an account, build their user profile and complete a journey planner. Each entrepreneur’s journey planner will provide them with a Playbook uniquely tailored to their needs. Click here to learn more about how Venture 313 works.
Venture 313 is part of the Gilbert Family Foundation and Rocket Community Fund’s joint $500 million commitment to build economic opportunity in Detroit neighborhoods. Through Venture 313, we are excited to create a mindset shift in the Detroit community that will get more Detroiters in the game and building successful businesses that lead to long-term generational wealth.
Whether you just have an idea or are ready to take your business to the next level, click the button below to get started on the Venture 313 platform where you’ll complete a journey planner and start working on a Playbook that is based on your needs and growth plans.
If you’re interested in becoming a partner or mentor for Venture 313, or have general questions, contact us.