MEDC Press Releases
Thursday, May 7, 2020
Michigan attains African American Civil Rights historic resource survey grant
$50,000 grant will be used to conduct intensive-level historic resource survey to document Civil Rights sites in Muskegon County
Read MoreThursday, May 7, 2020
Four companies to deploy mobility solutions across Michigan with support of PlanetM grant program
• Adastec, IXR Mobility, KTISIS and SafeMode among the latest recipients awarded more than $300,000 in grant funding to deploy their mobility solutions in the state • Pilots to be deployed in Detroit, East Lansing, Lansing and Silver Lake Sand Dunes
Read MoreWednesday, 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
Read MoreFriday, 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.
Read MoreTuesday, 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
Read MoreTuesday, 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
Read MoreFriday, 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
Read MoreThursday, 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
Read MoreWednesday, 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
Read MoreTuesday, 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
Read More