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True North – Detroit’s New Live-Work Community

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Two huts are nearly finished on Grand River Avenue on the border of the Woodbridge and Core City neighborhoods, the area has well-kept homes and buildings, empty lots and the quality of many Detroit streets.

A small, colorful village using Quonset huts as its main structures, with half-moon shaped structures. The huts will be living quarters with the goal to create something affordable. The huts vary in size and the walls and roof are made of corrugated steel.

Recently Detroit was recently the first United States of America city to receive the designation of “City of Designs” from UNESCO, the United Nations Educational, Scientific and Cultural Organization.

The empty spaces in Detroit neighborhoods can be transformed using creativity and trained architecture to create community gardens many other community focused structures.

They have such things as utilities, bathrooms, kitchens and security measures and are something that will be integrated into the neighborhood.

KEY TAKEAWAYS:

  • The goal is to have the Quonset huts ready for rent by winter.
  • Detroit is a great place for the project because the attitude and perception of Quonset huts in larger places like New York or Los Angeles would be much different, due to the density and nature of the cities.
  • The community wants to inspire healthy living and inspire inhabitants to design their spaces.

“It’s exciting to be working in Detroit at this particular time,” Chan said. “… It provides an opportunity that’s like an open canvass to do something transformative. For me, it’s very much about public space-making and how to engage communities in arts and culture.”

Original Source:

http://realestate.mlive.com/realestate-news/2016/08/community_of_steel_huts_being.html

Small Companies – The Real Winners

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Entrepreneurs are driven by different reasons and not just profit.  The desire to do a better job and serve the market better.

Many main aim is to create employment, give the opportunity to other to work and bring up their families, pay the rent send the kids to college.

The real gold medalists are the entrepreneurs that are out there, creating something new, taking the challenges of running a small business, working many hours and building something that they believe is better than what is out there.

 

KEY TAKEAWAYS:

  • In real life and in real business — especially small business — there are many winners, even if you’re not No. 1.
  • Knowing you could serve the market better — improve the product, give better service, cut costs, treat employees more fairly — is very motivating.
  • There’s justifiable pride in building a business big enough to give other people work so they can feed their families, go to school or pay their rent.

“Watching the Olympics, you’re left with the idea that if you don’t win gold, you haven’t accomplished anything. The media covers business much the same as sports: Whose stock is highest; whose company is being acquired for the most money; who has the biggest market share?  It’s often viewed as a game: There’s one winner and lots of losers.”

Original source: http://www.usatoday.com/story/money/columnist/abrams/2016/08/17/abrams-small-businesses-have-already-won-gold/88832052/

2016 Hatch Detroit Entrepreneurship Program

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Comerica Bank’s investment in the 2016 Hatch Detroit entrepreneurship program has increased.

The annual contest is an opportunity for a business owner to win a $50,000 grant to open a retail business in Detroit, Highland Park or Hamtramck.

The prize includes a grant for branding and logo design from advertising agency Team Detroit and a package of technical, accounting and legal support.

Hatch Detroit was started in 2011 to attract new retailers to vacant storefronts in Detroit neighborhoods.

KEY TAKEAWAYS:

  • The public is encouraged to vote on their favorite business concept now through Aug. 18.
  • With more than 150 applications submitted to this year’s contest, it’s clear that Detroit is a destination for small businesses
  • The winner of the grant is often, but not always, a food-related business.

“A family bakery in Highland Park, sushi restaurant in Corktown and a wine bar in the Grandmont Rosedale neighborhood are just a few of the 10 business ideas are vying for the 2016 Comerica Hatch Detroit grant.”

Original Source: http://www.detroitnews.com/story/entertainment/people/2016/08/12/hatch-detroit-semi-finalists-announced/88638682/

Third Detroit Homecoming – The lineup

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The third annual Detroit Homecoming will be held in September. Some big names with ties to the city will gather together to reconnect on ideas to better the city.

The goal is to re-engage those individuals that have interesting ties to Detroit.

Previous homecomings have brought in million of committed investments and city officials hope this year event will bring more business and investments to Detroit.

  • Homecoming will include city tours of technology, innovation, art and design, sports, entrepreneurship, neighborhoods and real estate
  • Mentoring sessions for entrepreneurs and for the first time a Thanksgiving weekend job fair
  • A theme of creativity will be the focal point of this fall’s Detroit Homecoming

“Since the homecoming event began in 2014, it has brought more than 300 expats with ties to Metro Detroit “home” to re-experience the city, organizers said. Detroit expats have committed investments of more than $260 million in city projects and businesses.”

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3D Printing: Next Generation Innovation

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Barely a decade ago, 3D printers were in existence but were expensive machines reserved for factories and well-heeled corporations. They were all but unknown outside the small circles of professionals that made and used them.

With prices dropping and ease of use increasing, 3D printing is heading mainstream.

Nowadays almost everything from aerospace components to toys are being built with the help of 3D printers.

Key Takeaways:

  • Many 3D printers are capable of printing with more than one material at a time, opening the way up for many complex technical applications of 3D printers.
  • 3D printing is profoundly defined by Digital Fabrication.

“Although 3D printers have only gotten popular and hyped recently, 3D printers were first invented in the late 80’s. They have been under development for quite some time. With the expiration of Stratasys’s patent in 2007 of fused deposition modelling technology (the cheapest type of 3D printing technology technology), a whole wave of 3D printer manufacturers was created, thus creating the hype we see today.

3D printing is an excellent way to translate an idea into a physical object. Fabrication is nothing new, but a 3D printer is a lot more practical, safer, and lower maintenance than a CNC mill or investment casting.”

Original Source: https://www.quora.com/Is-3D-printing-the-next-wave-of-true-innovation

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