Feb 19, 2021
MARQUETTE As part of the Michigan Small Business Survival Grant Program, nearly $2.5 million has been awarded to 415 businesses across the Upper Peninsula. Businesses located in each of the 15 U.P. counties received awards, as a response to the continuing economic impact of the COVID-19 pandemic.
Approved by the Michigan Strategic Fund on Jan. 14, the Michigan Small Business Survival Grant Program allocated $55 million throughout the State, with almost $2.5 million of that allocated to the Upper Peninsula, to address the profound financial hardship that small businesses experienced due to State’s November COVID-19 emergency “gatherings and face mask orders.” The State of Michigan appropriated the funds through SB 748, which received bi-partisan support from Upper Michigan legislators and was signed into law by Governor Gretchen Whitmer in mid-December of 2020.
MEDC announces Small Business Survival Grant recipients
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Michigan Government First Stops Businesses, Then Subsidizes Some
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COVID-19 Update: $20M Donation Leads to New Name for EMU College, DEGC Distributes $4M+ in Grants to Small Businesses, and More
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Grand Rapids Business Journal
Two of the region’s economic development agencies awarded more than $6.8 million to a combined 613 small businesses in West Michigan through the Michigan Small Business Survival Grant Program.
The Right Place and Lakeshore Advantage said Wednesday that in collaboration with the Michigan Economic Development Corporation (MEDC) and regional partners, they awarded funding to eligible West Michigan small businesses that have been negatively impacted by the recent Michigan Department of Health and Human Services epidemic orders via the $55 million Michigan Small Business Survival Grant Program.
The Right Place awarded $4.98 million in grant funding to 426 small businesses in Barry, Ionia, Kent, Lake, Mason, Mecosta, Montcalm, Muskegon, Newaygo, Oceana and Osceola counties, and Lakeshore Advantage awarded $1.8 million to 187 small businesses in Allegan and Ottawa counties.