GreenLight Fund Detroit is seeking commitments for a second fund to support efforts to lift Detroiters out of poverty.
It's seeking individual and grant commitments in excess of $3 million, the amount raised during its first fund five years ago.
The fund has leveraged $8 million in funding for the efforts of the Center for Employment Opportunities, launched in 2018 to serve formerly incarcerated residents of Detroit.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.