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Opinion: Metro Detroit a Hotbed for Small Businesses

November 17, 2019

The Detroit News

Mark S. Lee

According to the 2012 U.S. Census data, the City of Detroit is home to more than 62,000 small businesses. Regionwide, it seems there’s a new business opening every time you turn around, and this trend is gaining momentum.

As I’ve considered the entrepreneurial and business ecosystem here, a couple of questions emerge:

Is Metro Detroit a good place to relocate a business? If so, what’s the “state of this region” when it comes to attracting newcomers looking to grow their businesses?

“It was not that long ago,” says Glenn Stevens, executive director, MICHauto, Detroit Regional Chamber, “that Detroit and Michigan had a global perception (and, in many cases, a reality) that we were a city, region and state that was the “rust belt” and would never revive.”

But over time, the perception continues to evolve and change.

“Today’s reality could not be farther from that perception,” Stevens continues. “While we have our challenges, there is a collective focus that is synergized to address what we need to do to continue to make this a place where companies and people with ideas from around the world can come to find opportunity, live, work and play.”

Stevens also points out “the business climate, cost of living, quality of life, access to talent and the unique and special combination of culture and spirit of our people make the region and state more than a potential destination for startups and businesses to locate here.”

Read the full article here