Detroit's entrepreneurial boot camp Bizdom U prepares metro Detroit entrepreneurials to be metro Detroit business owners.
Excerpt:
Bizdom U is a non-profit, one-year program that trains and funds
would-be business people to start businesses in the Motor City. Created
by Quicken Loans Chairman Dan Gilbert, a Detroit native, it is a bold
plan to rejuvenate a crumbling downtown. If successful, it could be
expanded to other Midwestern cities.
"Entrepreneurs -- not government programs -- create businesses, jobs and growth for a city," Gilbert says.
The program's inaugural graduating class last year of four men
and three women has produced five new Detroit-area businesses in
industries that include mobile marketing, online retailing and a
shopping rewards program that supports the local economy. The second
wave of 20 students, scheduled to graduate this summer, is expected to
create 10 companies this year.
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