Application for MI Small Business Survival Grant Program Opens Tomorrow 1-19 and Closes Noon 1-22.
- $55 Million in funding available through Michigan Economic Development Corporation-led relief program to support small businesses impacted by COVID-19 and recent public health orders
- All applications received will be collected by MEDC, then reviewed and considered by regional Economic Development Organization grant administrators.
The Michigan Small Business Survival Grant Program was signed into law to meet the urgent need of Michigan small businesses that have experienced a significant financial hardship since the "gatherings and face mask orders" went into effect. Grants of up to $20,000 will be awarded to businesses that are fully closed, with grants of up to $15,000 awarded to businesses that have been partially closed or are otherwise open and can demonstrate an impact.
The Michigan Small Business Survival Grants will be administered by 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties across the state. All submitted applications will be reviewed by the EDOs based on eligibility requirements and local priorities and objectives. Grants will not be awarded on a first-come, first-served basis.
Details on program guidelines, eligibility requirements and resources to help businesses prepare for the application process ahead of time are available at
www.michiganbusiness.org/survival.
