- Post 03 April 2013
- By The Michigan Chronicle
- Hits: 161
The Michigan Chronicle is the latest company to join D2D.
Expanding business in Detroit is a collaborative effort, and one that requires the input of an entire community. It's important that companies, organizations and other profit-based entities create and sustain strong connections to foster growth and development. One new initiative aims at improving the local economy through meeting such goals.
In an effort to get city businesses to purchase more goods from one another, the Detroit Economic Growth Corp has secured agreements from 15 large Detroit-based companies and universities. Their latest venture, the D2D database aims to serve as a liaison between purchasers and suppliers of goods and services.
Olga Stella, Vice President of Business Development for the DEGC, said the initiative is one that she believes will increase job opportunities in the city and save buyers money.
"If we really focus our efforts on this local B2B economy, it will lead to increased contracts, and companies would be able to hire more people and serve the increased demand."
The new program already looks promising with an impressive roster. Companies that have signed on include DTE Energy Co., the Detroit Medical Center, Blue Cross Blue Shield of Michigan, Quicken Loans Inc., Comerica Bank, Urban Science Inc., Wayne State University, Skidmore Inc., Strategic Staffing Solutions Inc., the University of Detroit-Mercy, the Henry Ford Health System, the Greektown Casino-Hotel, the Detroit Lions, Ernst & Young LLP and Compuware Corp.
Funded by a New Economy Initiative for Southeast Michigan grant, D2D will be free for businesses to register. It is modeled after the Pure Michigan Business Connect, a state-level database that is currently under the management of the Michigan Economic Development Corp.
D2D provides an array of resources related to advertising and promotions, legal services, equipment, building maintenance and janitorial services. Many of the businesses currently using the program boast significant spending in the city. The new venture is sure to improve those numbers.VP Stella said her organization will ultimately use D2D as a business recruitment tool.
The new initiative looks to prove to prospective investors that coming to Detroit is worth their while. Tempting incentives are what's needed to help them see the benefits of doing business in the city.
For more information on D2D, click here.
Follow Britney Spear on Twitter @MissBritneySp