What We Do
The Detroit Community Wealth Fund provides financial resources and tailor made business support to to cooperatives, organizations, and community-based businesses. We believe in working with historically marginalized communities in Detroit that have been excluded from the current economic system. We provide non-extractive loans and work side by side with clients throughout the entirety of the loan cycle. During this time we connect clients with technical support, including business development, financial feasibility, accounting and legal services. We believe in supporting the business to ensure its success.
We seek to support the creation of democratically-controlled businesses. We see democracy in the workplace as a powerful model that addresses concrete community needs and shares our vision of a transformed and equitable economy. We are part of an emerging national peer network of loan funds that aggregates non-exploitative financing to scale this work.
DCWF is also working to continue establishing a larger cooperative network and economy in Detroit. We will do this through outreach and public education events that build a strong cooperative network.
Detroit Community Wealth Fund was incorporated at a 501(c)3 non profit corporation in 2017. We are a part of The Seed Commons: A Community Wealth Cooperative, a group of loan funds across the country spearheaded by The Working World.