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Invested in Detroit

In 2014, JPMorgan Chase made a $100 million, five-year pledge to support and accelerate Detroit’s recovery. Here are some examples of our partners and investments:

Percy Redd, Master Electrician Percy Redd, Master Electrician

Programs like Access for All are helping Detroiters, such as Percy Redd, develop their skills to compete for jobs. Redd completed a training program to become a master electrician and is now working in the city’s busy construction industry. Here, he pulls wire at a site in Detroit’s New Center neighborhood.

Gregory Davis at DMS Gregory Davis at DMS

Creating high-quality jobs at Detroit-based businesses is a key community development focus. Detroit Manufacturing Systems (DMS) is one such business. It used a loan from Invest Detroit to expand its operations and increase hiring. Here, Gregory Davis, a graduate of Focus: HOPE, a workforce training organization, supervises an assembly line at DMS.

Shed 5 at Eastern Market Shed 5 at Eastern Market

Food-sector small businesses are a fast-growing part of Detroit’s burgeoning community of entrepreneurs. Incubators like Shed 5 at Eastern Market (pictured here) and efforts like the Entrepreneurs of Color Fund, which supports minority-owned small businesses like House of Vin, are playing a key role in helping these businesses get off the ground.

Fireproofing in Capitol Park Fireproofing in Capitol Park

Alongside CDFIs, traditional community development banking efforts are providing critical capital to fuel Detroit’s recovery. Here, a worker sprays fireproofing on a new development at 1145 Griswold, in the long-neglected Capitol Park in the heart of downtown. Projects like this and the Scott Building, which will break ground in early 2016, are visible signs of Detroit’s revitalization.

Jamie Dimon and Detroit Mayor Mike Duggan Jamie Dimon and Detroit Mayor Mike Duggan

Jamie Dimon (left) joins Detroit Mayor Mike Duggan (third from left) to tour an East English Village home that was remodeled with support from Liberty Bank’s Home Restoration Program.

Global Titanium facilities Global Titanium facilities

Community development financial institutions (CDFIs) like Invest Detroit are helping Detroit businesses grow and create jobs. These investments have enabled companies like Global Titanium (pictured here) and Sakthi Automotive to expand their facilities and operations, creating jobs and economic opportunity across the city.

Next Article: Detroit, A Story of Parcels

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