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CONSULTINGAPPROVED

City of Detroit Agenda Formal Session 2026-06-23

City Funds EDC Operating and Small Business Programs for FY 2027

Total Contract Amount: $3,881,000.00City of DetroitECONOMIC DEVELOPMENT CORPORATIONJune 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Detroit approved a $3,881,000 annual operating and program support contract with the Economic Development Corporation for FY 2027, funding multiple small business and redevelopment initiatives.

Contract Details

Contract Amount

Total Contract Amount: $3,881,000.00

Vendor

ECONOMIC DEVELOPMENT CORPORATION

Agency

City of Detroit, MI

Contract Type

CONSULTING

Document Date

June 23, 2026

Contract Term

July 1, 2026 through June 30, 2027

Renewal Date

2027-06-30

Renewal Info

New one-year operating agreement for FY 2027; no renewal terms specified.

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