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JPMorgan fund for Detroit entrepreneurs just tripled

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A fund for Detroit-based small businesses operated by minorities has tripled in size.

The Entrepreneurs of Color Fund is jointly run by JPMorgan Chase, the W.K. Kellogg Foundation and Detroit Development Fund.

The fund went up to more than $18 million from $6.5 million, according to CNNMoney.

Read more from CNNMoney.

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