Detroit’s resurgence depends on coordination and cooperation among business, government, and philanthropy

blogimage_BrookingsDetroitIn a Brookings Institution panel yesterday, experts came together to discuss how business, philanthropy, and government have played key roles in Detroit’s economic resurgence and emergence from bankruptcy.

The event began with a presentation from Rip Rapson, President and CEO of the Kresge Foundation, on the Detroit Reinvestment Index: A Kresge Foundation Measure of Detroit’s Comeback. According to the Index, 71 percent of business leaders see Detroit as a good place to invest for their business. Rapson also summarized the key characteristics of Detroit’s resurgence, hoping that other struggling cities can learn from what’s currently happening in Detroit.

Rapson was then joined onstage by Sandy Baruah, President and CEO of the Detroit Regional Chamber; Stephen Henderson, Editorial Page Editor for The Detroit Free Press; Quintin E. Primo III, Co-Founder, Chairman, and CEO of Capri Investment Group, LLC; and Jennifer S. Vey, Fellow and Co-Director, Anne T. and Robert M. Bass Initiative on Innovation and Placemaking. The discussion touched on several topics, from the most pressing, seemingly intractable problems facing the city

To how the city has managed to attract private investments…

To the roles and responsibilities of each sector in solving Detroit’s most complex problems…

To what’s next for Detroit…

For more insights from “How philanthropy, business, and government sparked Detroit’s resurgence,” see the full video of the event:

For further reading on intersector collaboration in Detroit, see:

Our Case Library:
Redeveloping the Riverfront in Detroit
Improving Public Schools with Business Volunteers in Detroit

Our blog:
Kresge Foundation calls for multi-sector support to improve early childhood education in Detroit
Cross-sector collaboration is crucial in attempt to eliminate Detroit’s blight
Developing Detroit’s talent through collective impact