Detroit City Wire

Seeking to secure the support of Detroit's business community, six mayoral candidates presented their plans to address small and minority business concerns during an online forum. Questions included how candidates would create opportunities for small businesses and whether they would reopen discussions on a controversial cashless ban.

The forum followed the Detroit City Council's recent regulatory changes aimed at easing business license burdens. It was hosted by the Detroit chapter of the Society of Professional Journalists, Charity Dean from the Michigan Black Business Alliance, and Sam Robinson from Michigan Chronicle.

Candidates participating were former City Council President Saunteel Jenkins, Councilman Fred Durhal III, businessman Jonathan Barlow, Joel Haashiim, attorney Todd Perkins, and current City Council President Mary Sheffield. Other candidates did not attend but were invited.

Barlow proposed a $500 million fund to boost small businesses with low-interest loans and grants. Durhal mentioned a procurement ordinance that enables small businesses to compete for city contracts. Haashiim focused on safeguarding programs for businesses' longevity. Jenkins suggested joint ventures with larger firms to increase capacity for smaller businesses. Perkins emphasized mentoring and financial advice with a "Detroit first mentality." Sheffield planned a "Targeted Business Support Office" for more contracting opportunities.

Candidates also discussed reopening talks about the 2023 cashless operation ban resolution passed by the City Council. The resolution aims to ensure all Detroiters can purchase goods without banking access. Some candidates supported bringing discussions back to amend or decriminalize parts of it.

Detroit has received significant federal funding under former President Joe Biden's American Rescue Plan Act, but future reliance on such funds is uncertain under President Donald Trump’s administration. Candidates shared their approaches to leveraging these funds for business support in various ways.

In closing remarks, candidates named some favorite local spots they frequent as part of their connection with local businesses.