A Catalyst for Growth in the Heart of Detroit

Wayne State has an estimated $2.4B annual economic impact

75% of our nearly 274,000 alumni live in Michigan and contribute to our state’s economy

We are one of the top 10 largest employers in the city

We received APLU Innovation & Economic Prosperity (IEP) designation in 2014

As the 10th largest employer in Detroit, with a $2.4 billion annual economic impact, Wayne State is a powerful economic driver. The Office of Economic Development (OED) was established in 2011 to lead the university's efforts to stimulate growth in our Midtown neighborhood and Detroit, the city we proudly call home. 

OED drives university investments, and we convene, connect and lead initiatives of our own to support small businesses and entrepreneurs, attract and retain talent, and create a 24/7 campus and neighborhood that is vibrant and welcoming to all.

Created in the wake of the Great Recession, OED helped Wayne State meet the needs of the moment. Now, as we celebrate our 10th anniversary, OED is working in close partnership with campus and community partners to help our city and region emerge from the economic challenges of today ready to embrace the opportunities of tomorrow. We envision and work for a vibrant Detroit with lasting prosperity and opportunity for all.