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JPMorgan fund for Detroit entrepreneurs just tripled

Detroit makes housing affordable with tiny homes
Detroit makes housing affordable with tiny homes

A fund for Detroit-based small businesses that are run by minorities just tripled in size.

The Entrepreneurs of Color Fund — a venture jointly run by JPMorgan Chase (JPM), W.K. Kellogg Foundation and Detroit Development Fund — leaped from $ 6.5 million to more than $ 18 million, the fund said Wednesday.

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