The New Economy Initiative for Southeast Michigan (NEI) was launched in 2008 as a unique philanthropic initiative aimed at helping to restore southeast Michigan to a position of leadership in the new global economy. NEI is committed to increasing prosperity and expanding opportunity for all residents and communities in the region. Ten national and local foundations have committed $100 million to this eight-year initiative to accelerate the transition of metro Detroit to an innovation-based economy. These foundations include:

• Community Foundation for Southeast Michigan (Detroit)
• Max M. and Marjorie S. Fisher Foundation (Southfield)
• Ford Foundation (New York)
• Hudson-Webber Foundation (Detroit)
• W.K. Kellogg Foundation (Battle Creek)
• John S. and James L. Knight Foundation (Miami)
• The Kresge Foundation (Troy)
• McGregor Fund (Detroit)
• Charles Stewart Mott Foundation (Flint)
• Skillman Foundation (Detroit)

NEI is overseen by a Governing Council, which sets strategic direction for the initiative. NEI also benefits from a Council of Economic Advisors, who actively provide expertise, a national perspective and direction to the staff and Governing Council.

NEI is a project of the Community Foundation for Southeast Michigan , which provides an administrative home for the initiative. The Community Foundation Board of Trustees exercises final legal and fiduciary responsibility for the initiative.

For more information, please contact the New Economy Initiative at (313) 961-6675 or by e-mail at neweconomyinitiative@cfsem.org .