Jan 18, 2021
LANSING (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.
Grants Available for Michigan Small Businesses Impact by COVID-19
January 18, 2021
The application opens at 9 a.m. Tuesday and closes at noon on Friday, Jan. 22.
Grants up to $20,000 will be awarded to businesses that have been partially closed.
The Michigan Small Business Survival Grant Program is $55 million in funding provided through the Michigan Economic Development Corporation led relief program.
For more information on how to apply, visit the Michigan Economic Development Corporation.