Frank Venegas Jr. is founder and chairman of Ideal Group, a $700-million company in Southwest Detroit, Michigan, and a philanthropist whose investments in local schools and the community have transformed the Mexican American neighborhood to reduce crime, provide jobs, provide free food through gardens, and cultivate unity and harmony. The Ideal Group is a construction services, manufacturing, and indirect material management company. Frank received an honorary Doctorate degree from the Tuck School of Business at Dartmouth College in 2016 for his philanthropic and entrepreneurial efforts in Southwest Detroit. Mr. Venegas is a graduate of the Tuck School's Minority Business Executive Programs. Forming a lasting connection with Tuck School of Business, Frank sponsored emerging local business entrepreneurs to the same Minority Business Executive Program he attended. Frank Venegas sits on the university advisory councils for the Tuck School of Business at Dartmouth College and the University of Michigan-Dearborn, CASL.

Frank sits on the boards for the Detroit Regional Chamber of Commerce, Michigan Science Center and Detroit Riverfront Conservancy. Committed to Metro Detroit, he serves as Chairman of the Board of Directors for the Detroit Hispanic Development Council (DHDC) and is active at Community Health and Social Services (CHASS) and LA SED. He facilitates access to educational opportunities, internships and mentoring programs for Detroit Cristo Rey High School (DCRHS) and its students. Mr. Venegas sponsored the opening of the First® Robotics Build Center at the Detroit Hispanic Development Corporation. An innovative business leader, Venegas developed seven diverse companies sharing common corporate values and culture. Ideal companies continually meet and exceed customer needs in construction, facilities management, manufacturing, indirect material management and surplus sales. Venegas continues to lead the Ideal Group companies in today's global economy through solid business practices, exceeding customer expectations, and service to the community.

Now celebrating 30+ years in Southwest Detroit, Frank Venegas and his company created a notable presence within the Hispanic community. Frank and the Ideal Group's influence have brought attention to the growing prosperity of Southwest Detroit. Frank has traveled to Oxford University in the United Kingdom to present his educational neighborhood model to the university.