Wednesday, May 6, 2020

More than 2,700 businesses around state awarded total of $10 million in Michigan Small Business Relief Program grants

• Businesses in all 83 counties across Michigan receive relief • Grants resulted in retention of at least 11,015 jobs for Michigan workers • $3.185 million in matching dollars leveraged from local partners

Friday, May 1, 2020

This Just In: Michigan is Building an Arsenal of Innovation to Fight COVID-19

Michigan businesses answer the call in the fight against COVID-19.

Tuesday, April 28, 2020

Lt. Governor Gilchrist & former Lt. Governor Calley encourage Michigan small businesses to apply for second round of Paycheck Protection Program funding

• Michigan businesses eligible to apply for $310 billion in additional federal funds • MIpaycheckprotection.com serves as information portal for businesses seeking support through SBA Paycheck Protection Program

Tuesday, April 21, 2020

Lt. Governor Gilchrist & former Lt. Governor Calley call for federal action on additional SBA forgivable loans

43,000 Michigan small businesses received more than $10 billion in first round of Paycheck Protection Program funding

Friday, April 17, 2020

Emergency Relief Funds now available to nonprofit arts and cultural organizations through Michigan Council for Arts and Cultural Affairs

Federal funding will provide up to $5,000 in grants to Michigan’s arts and cultural organizations impacted by COVID-19 outbreak

Thursday, April 16, 2020

Tech Startup Stabilization Fund Offers Support for Early-Stage Tech Companies During COVID-19 Outbreak

• $3 million fund will provide investment and loan support for Michigan tech startups and companies • Administered by ID Ventures, applications now available for startups across the state at TSSFund.com

Wednesday, April 15, 2020

Pure Michigan Business Connect Grants Support Retooling Efforts of 12 Small Businesses and Nonprofits in Response to COVID-19

• A total of $1 million in grants awarded through PMBC COVID-19 Emergency Access and Retooling Grants program • Immediate funding of up to $150,000 being granted to qualified manufacturers looking to produce supplies needed in response to COVID-19

Tuesday, April 14, 2020

Assistance for communities, small businesses, early stage tech companies impacted by COVID-19 approved by Michigan Strategic Fund

• MSF Awardee Relief Initiative will provide emergency relief to MSF-supported projects • Northern Initiatives loans to increase access to capital for small businesses • Funds awarded to MSU Foundation to support early-stage tech companies

Wednesday, April 8, 2020

National Filters Retooling to Manufacture Healthcare Masks, Respirators with Support from Michigan Strategic Fund

• Harbor Beach filter manufacturer shifts production focus in response to COVID-19 virus, working with medical facilities across Michigan • Company rehiring employees who were laid off due to outbreak

Friday, April 3, 2020

State Expands Support Services Available for Startups, Entrepreneurs in Response to COVID-19

• State expands eligibility for the Business Acceleration Fund (BAF) to help Michigan’s SmartZones support more startups, small businesses, and certain non-tech businesses manufacturing, distributing necessary personal protection equipment