MICHIGAN – In an effort to support Michigan small businesses that were negatively impacted by COVID-19, the State of Michigan has issued $100 million of CARES Act funding towards the Michigan Small Business Restart Program through Senate Bill 690. The Michigan Strategic Fund approved the distribution of grant funding across 15 local or non-profit economic development organizations (EDOs) covering all 83 counties in the state. The Gladwin County Economic Development Corporation will be working directly with Middle Michigan Development Corporation who was one of the 15 EDOs selected to assist in this process.
There will be a single, statewide application for the Michigan Small Business Restart Program that will open on July 15 and run through August 5, 2020. The application will be made available online at http://michiganbusiness.org/restart.
Businesses interested in applying can review the grant eligibility requirements, program guidelines and a list of frequently asked questions on the Michigan Small Business Restart Program webpage.