State Grants of up to $20,000 are now available
Grants of up to $20,000 are now available to businesses with 50 or fewer employees. The grants may be used only for working capital to support payroll expenses, rent, mortgage payments, utility expenses, costs to re-open business, or any other authorized use under the Federal CARES Act.
To Apply for a grant go HERE.
Businesses must demonstrate they have been affected by the COVID-19 emergency and that they need capital to support expenses. They must also document an income loss because of the COVID-19 emergency. Businesses that received a grant under the prior Michigan Small Business Relief Program created in March of this year are not eligible for a grant under this new program.
