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About NEI

The New Economy Initiative for Southeast Michigan is an innovative philanthropic effort that will help restore southeast Michigan to a position of leadership in the new global economy. Ten national, regional and local foundations have committed $100 million to this unprecedented eight-year initiative. The New Economy Initiative is the one of the largest philanthropic initiatives focused on regional economic development in the country. The New Economy Initiative is philanthropy’s response to the declining economy of Metropolitan Detroit.

The goal of the initiative is to "accelerate the transition of metro Detroit to an innovation-based economy that expands opportunity for all."

The initiative will sponsor and support activities in three strategic areas: talent, innovation and culture change. Working with other partners in the region and in the state, the initiative will work to:

1. Prepare, attract and retain skilled workers in southeast Michigan (Talent)
2. Encourage innovation and entrepreneurship in new and existing enterprises in the region (Innovation)
3. the region’s culture to embrace learning, work and innovation (Culture Change)

The New Economy Initiative is for everyone. An important founding principle of the initiative is that it will endeavor to increase prosperity for all residents and communities in the region with an emphasis on expanding opportunity for all.

For more information go to http://www.neweconomyinitiative.org