Pure Michigan Small Business Relief Initiative to Provide $10 Million in COVID-19 Relief
The Michigan Strategic Fund today approved a $10 million grant program to help meet the urgent needs of small businesses disproportionately impacted the COVID-19 virus. The Pure Michigan Small Business Relief Initiative will utilize federal CARES Act funding to award grants of up to $15,000 to small businesses across Michigan, with applications being available beginning December 15, 2020.
MEDC is also currently seeking grant administrators to ensure statewide coverage, with applications for administrators due at 1:00 p.m. on December 2, 2020.
Michiganders Encouraged to Shop, Eat and Stay Local this Holiday Season
The MEDC is urging Michiganders to shop, eat and stay local this holiday season in support of Michigan’s workers, businesses and communities. Through the “Support Local” campaign, MEDC is encouraging Michiganders to do all they can to support their own downtowns and neighborhoods during the winter season as the state continues working to combat the ongoing spread of COVID-19.
Michigan Takes Center Stage on Wednesday’s Episode of Entrepreneur Elevator Pitch
Michiganders are encouraged to tune in on Wednesday evening to watch a special Michigan-based episode of the Entrepreneur Elevator Pitch competition featuring startups from Ann Arbor, Grand Rapids, Traverse City and Lowell. During the episode, the four Michigan-based companies will have 60 seconds to give the rundown on their idea and encourage a panel of judges to invest in their company.
Additional Resources Available Online
Access additional COVID-19 resources for businesses and communities by visiting michiganbusiness.org/covid19. Read more about programs supporting economic recovery for Michigan businesses by visiting michiganbusiness.org/covid19response.
Visit michigan.gov/coronavirus to find other valuable resources for employers, workers, residents and communities.
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org
