Aug 02, 2012 09:26 AM EDT

Detroit Receives Financial Assistance From 9-Year-Old


The city of Detroit may finally see some economic relief thanks to the help and entrepreneurship of a 9-year-old boy. Finding out the city he lives in was in such dire help for financial assistance on the radio, Young Joshua Smith decided to take action. Following in the footsteps of Detroit business man before him, Smith decided to start a small business,

Broken down parks, slow and late garbage pick-up, are just some of the visuals that gave Smith the idea that something was not right with his city. With the help of his mother and father, Smith was explained from start to finish what exactly was going on around him in reference to his city having a budget deficit exceeding $200 million.

Joshua and his buddy, 10-year-old Dwane Durant decided to open up a snack stand in Detroit's Russell Woods Historic District where he lives. The stand is located in front of his house. The stand is open from 5 p.m. to 8 p.m. The reason for the last hours is his attendance to vacation bible school. The main items being sold at the stand are home-popped popcorn and lemonade, which Joshua promises to be Organic.

"His heart is really in it for the people, and he's always been a very helpful boy," said Flynn Smith, Joshua's father, while speaking with ABC News. "He gets that from his parents. We try to be helpful whenever we can,"

Smith's parents are proudly investing in their son's business. His dad admits to already financing more than $100 and helping to pop the popcorn. Also, his mother has helped put up flyers across the neighborhood and is promoting her son's business on Facebook.

"May you please help the city of Detroit...? The money will help clean up trash on the ground and cut the grass in the parks," the flyers read.

Thanks to the power of social media and a much more traditional marketing technique, word-of-mouth.

Joshua's goal is $1000 by Friday and he has already reached half of that by earning a little more than $500 Wednesday.

All proceeds from Joshua's efforts will go to the Motor City.

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