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VEDA Selected to Assist Businesses with COVID-19 Support
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Conductor Touts New Resource Map For State s Entrepreneurs
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$52 5 million in relief awarded to small businesses across Michigan
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Michigan Economic Development Corporation
LANSING – The Michigan Strategic Fund today approved two grant programs – the Michigan Small Business Survival Grants and the Michigan Stages Survival Grants – totaling $58.5 million in relief to help meet the urgent needs of small businesses and live event venues impacted by the COVID-19 virus, the Michigan Economic Development Corporation announced.
The State of Michigan appropriated the funds through SB 748, signed into law by Governor Gretchen Whitmer on Dec. 29, to implement the programs to support Michigan’s small businesses that have been especially impacted as a result of the COVID-19 pandemic.
“From the beginning, my administration has been deeply committed to providing some crucial support to Michigan’s small businesses that have been hit hard by the COVID-19 pandemic,” said Governor Gretchen Whitmer. “With these grant programs, we can provide immediate assistance to those businesses. As we work to distribute the