Deadline Approaching for Businesses and Nonprofits to Apply for Grants through Michigan Small Business Restart Program
(July 31, 2020 5:03 PM) The Michigan Economic Development Corporation is reminding Michigan’s small businesses and nonprofits working to recover from the ongoing impact of the COVID-19 virus that there is still time to apply for grants of up to $20,000 through the Michigan Small Business Restart Program, announced earlier in July. The program will provide $100 million in economic assistance to Michigan’s small businesses and nonprofits and in turn, help support workers and their families facing economic uncertainty during the outbreak. The deadline for applications is Aug. 5, and information on how to apply, as well as eligibility criteria and program guidelines, are available at michiganbusiness.org/restart. In addition, Gov. Gretchen Whitmer today signed into law an amendment to the program that now allows those small businesses that received grants through the Michigan Small Business Relief Program, authorized by the Michigan Strategic Fund in March, to be eligible for the Michigan Small Business Restart Program grants. The combined total of both grants cannot be in excess of $20,000. Previously, businesses that had received grants through the Small Business Relief Program were ineligible to apply for Restart grants. “The Michigan Small Business Restart Program is providing a significant opportunity to address immediate needs…

