Upper Peninsula businesses will see over $2 million thanks to two recently approved grant programs from the State of Michigan."We are looking forward to the release of funds from the Michigan Economic Development Corporation," said Jeff Holt, executive director of the Sault Ste. Marie Economic Development Corporation. "We have launched the information on our website and Facebook page."Michigan Strategic Fund approved the Michigan Small Business Survival Grant Program, which will provide $55
Associated Press/Report for America
LANSING, Mich. (AP) Relief is coming to Michigan businesses after a board last week approved $58.5 million in grants for economic losses due to the coronavirus pandemic that has strained the state’s economy.
Gov. Gretchen Whitmer last month signed into law a spending plan to help repair the economic impact from the coronavirus. It included an allocation to the Michigan Strategic Fund under the Michigan Economic Development Corp. to distribute grants to eligible businesses.
The board approved two programs to distribute funds during a meeting on Thursday: the Michigan Small Business Survival Grant Program to help businesses that had to close or partially close during the pandemic; and the Michigan Stages Survival Grant Program to help businesses pay workers who were laid off.
Application will be open 9 am EST Jan. 19 – Noon EST Jan. 22. at
All applications received will be collected by MEDC, then reviewed and considered by regional Economic Development Organization grant administrators
LANSING, MI Michigan’s small businesses impacted by the recent COVID-19 emergency “gatherings and face mask orders” can begin applying for $55 million in Michigan Small Business Survival grants through the Michigan Economic Development Corporation tomorrow at 9:00 a.m. EST, Gov. Gretchen Whitmer announced today. The program was authorized by the Michigan Strategic Fund on Jan. 14.
“The Michigan Small Business Survival Grants Program will help small businesses throughout Michigan hardest hit by the impact of COVID-19, especially as they continue to experience additional strain in the winter months,” said
The Michigan Strategic Fund of the Michigan Economic Development Corporation approved two grant programs to meet the urgent needs of small businesses and live event venues in Michigan that have been impacted by the COVID-19 pandemic.