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

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Thursday, 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

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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

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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.

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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

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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

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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

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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

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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

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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

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