Detroit Institute of Music Education Raises $3M in Funding from Beringea

dimeDetroit Institute of Music Education, Inc., a Detroit, MI-based music education college, raised $3m in funding from Beringea.

The company intends to use the funds to launch its first U.S. music college in Detroit.

Founded by music industry veterans Kevin Nixon (president), Sarah Clayman and Bruce Dickinson, DIME provides advanced music students with a college-style experience in contemporary music, with expert musicians and industry professionals teaching courses in guitar, bass, vocals, drums, songwriting and music entrepreneurship.
The company, which will formally open in September, expects to enroll 150 students for its 2014-2015 school year.

The school will occupy more than 20,000 square feet of space on four floors of the seven-story, building in Capitol Park at the corner of Griswold Street and Grand River Avenue built in 1896.



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