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Bay Future, Inc. | NEW Grant Opportunity! Pure Michigan Small Business Relief Initiative

08.21.19 -- BayFutureDriveForward.

Pure Michigan Small Business Relief Initiative

Grant Information
 
The Pure Michigan Small Business Relief Initiative will utilize federal CARES Act funding to provide $10 million in grants to meet the urgent need of Michigan small businesses disproportionately impacted by the COVID-19 virus.
 
Applications for businesses to apply will open on December 15, 2020.
 
 
 
Grant Information for Small Businesses
 
The Pure Michigan Small Business Relief Initiative (“Initiative”) will disburse an aggregate of $10 million in grant funding to eligible small businesses in Michigan. Applications will open at 9:00 A.M ET on December 15, 2020 and will be reviewed on a “first-in” basis by the Michigan Municipal League Foundation, which MEDC has selected to serve as the grant administrator.
 
Prior to December 15, businesses can prepare for the application process by reviewing the following information:
Application Walkthrough: Pure Michigan Business Relief Initiative
 
What are the eligibility requirements? 
 
To be eligible to receive grant funding, businesses must be in one of the industries listed below:
 
  • Restaurants, bars and other food and beverage service providers
  • Travel and tourism destinations including lodging providers and hospitality businesses
  • Live event venues and movie theaters
  • Conference and meeting facilities
  • Ice skating rinks, indoor water parks and bowling centers
  • Gyms, fitness centers and indoor recreation facilities
 
Because this Initiative is funded through federal CARES Act dollars distributed by the US Department of Housing and Urban Development (HUD) to the Michigan Community Development Block Grant program, businesses must satisfy the HUD National Objective for job retention in order to receive funding.
 

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