Michigan Small Business Restart Program
Small businesses can now apply for grants of up to $20,000 through the Michigan Small Business Restart Program. The program will provide $100 million in economic assistance to Michigan’s small businesses and nonprofits and in turn, help support workers and their families facing economic uncertainty during the outbreak. Information on how to apply, as well as eligibility criteria and program guidelines are available at michiganbusiness.org/restart.
The funding will be distributed across 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties in the state for grants up to $20,000 to support certain small businesses and nonprofits that have realized a significant financial hardship as a result of the COVID-19 virus.
Additionally, at least 30 percent of the funds awarded under the program must be provided to women-owned, minority-owned or veteran-owned eligible businesses.
The application period will be live through Wednesday, August 5.
To learn more, click here