Detroit Economic Growth Corporation is a non-profit organization that works closely with the City of Detroit and other partners to support existing businesses and to bring new companies and investments to the city.
The professionals who work for DEGC act as staff for a number of public authorities and whose board members are appointed by the Mayor and approved by Detroit City Council. Each of those entities have distinct responsibilities and powers, but they are very closely related. By using a common staff – DEGC – the work of these public authorities is well coordinated and avoids duplication. DEGC also works directly for the City of Detroit under contract and manages economic development efforts funded by private and foundation contributions, grants and contracts.
A Federation of Organizations
The DEGC provides staff services to Detroit’s public development authorities:
- Downtown Development Authority (DDA) - which supports private investment and business growth within the central business district using a combination of property taxes, grants, and other funds.
- Detroit Brownfield Redevelopment Authority (DBRA) - supports the redevelopment of blighted, obsolete or contaminated properties through state and local property tax reimbursements and tax credits that can be used for specific cleanup and development efforts.
- Economic Development Corporation (EDC) - supports private investment and business growth within the neighborhoods throughout the city of Detroit using a combination of taxes, grants, and other funds.
Your Full Service Agency for Economic Development in the City Of Detroit
We are here to assist anyone wanting to do business anywhere in Detroit. The DEGC acts as an advocate whose job it is to match needs with resources, questions with answers and problems with solutions.
We can help you identify potential development sites, negotiate development agreements, manage construction projects, and help eliminate obstacles that might impede the growth of a new business activity in the city.
The DEGC offers a broad range of financial, technical and development assistance to commercial, industrial and service firms, as well as developers and investors wanting to do business in Detroit.
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