Detroit Community Wealth Fund exists to empower innovative historically-marginalized Detroiters by providing non-extractive supportive loans to co-ops and community-based businesses in Detroit. 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.