Eligible Branch businesses get COVID-19 relief funds from State of Michigan
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MEDC announces Small Business Survival Grant recipients
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9 & 10 News
February 17, 2021
On Wednesday, Governor Whitmer also announced the state awarded nearly 6,000 small businesses more than $50 million through the Michigan Small Business Survival Grant program.
One of those businesses was Yen Yoga and Fitness in Traverse City.
They received a $20,000 survival grant via Networks Northwest.
The yoga studio was preparing to close for good but not anymore.
The owner says this will help them continue services and help sustain their yoga instructors.
The governor says the program helped keep more than 52,000 jobs from drying up.
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.