Tech and business efforts in Detroit have received a significant investment.
The Detroit Free Press reports that the John S. and James L. Knight Foundation (Knight Foundation) has committed $19.8 million in grants to support 12 Detroit projects to create a “vibrant and thriving city,” according to Maribel Pérez Wadsworth, the foundation’s president and CEO. Established in 1950, the foundation has deployed $215 million in grants to support Detroit with a focus on downtown revitalization. The latest commitment brings attention to the city’s “inner-ring neighborhoods,” to uplift art, public spaces, tech, and business.
“By focusing on these areas, we create opportunities for connection, we help preserve vital history for the community, we provide ways for the community to really access one another and the downtown core,” Wadsworth said, according to Detroit Free Press. “Now what we’re doing with this latest run of investments is really expand from there — to come out to the next inner ring of neighborhoods around downtown, and continue to build on the success that we’ve seen.”…