The Gilbert Family Foundation is making a bold statement in Detroit’s commitment to economic equity with an investment of $4 million aimed at strengthening Black-led businesses and community developers. Announced during National Black Business Month, this new funding reflects the foundation’s ongoing commitment to addressing disparities and empowering entrepreneurs within the city, especially those in historically underserved communities. The $4 million will be split between two vital organizations in Detroit’s Black business ecosystem: Black Leaders Detroit (BLD) and the Michigan Black Business Alliance (MBBA).
BLD will receive $2.1 million while MBBA will benefit from $2 million, both to expand and enhance their efforts to foster a more inclusive and sustainable business environment. Fo