Supplied below is a listing of resources and information for Michigan companies throughout the outbreak. We shall continue steadily to upgrade these pages as more resources become available. When you have any questions or need to talk with MEDC directly, please phone 888.522.0103.
Newsletter remain up to date on information linked to small company relief programs for .
To greatly help small enterprises successfully navigate the wintertime ahead and steer clear of the spread of , the Michigan Department of Labor and Economic chance is providing CARES that is federal Act to simply help qualifying smaller businesses expand their capability by adding weatherized, short-term outdoor facilities.
Workplace Protection Guidance
Find worker workplace http://www.cash-central.net/payday-loans-ak/ security resources including posters, videos, fact sheets and industry particular needs, in addition to guidelines and information from MIOSHA.
Governor Gretchen Whitmerâ€™s MI secure Start Arrange describes how Michigan will quickly re-engage while continuing to help keep our communities safe. Re-engagement may happen in stages and people organizations that are essential to guard and maintain life are actually available.
PMBC Procurement Platform
Help neighbors in need of assistance while helping generate business that is new Michigan. The program often helps source PPE materials for companies re-opening after the outbreak.
Created mainly for companies and workers, the internet device permits users to enter information day-to-day to greatly help recognize signs that would be due to the virus and also to make choices about when to look for appropriate health care bills. Local and state public wellness will additionally make use of the collective information to assist recognize the potential for new outbreaks associated with the illness.
Help Products for Smaller Businesses
Detroit Developing Fund
Detroit developing Fund is accepting applications from organizations in Detroit, Highland Park, and Hamtramck who’ve been relying on the virus. Businesses thinking about obtaining that loan should contact DDF at (313) 784-9623, or by e-mail at vholsey
Metro Community Developing
Micro and business that is small which range from $5,000 to $250,000 can be found to Michigan small enterprises in 13 counties, with an increased exposure of companies situated in economically disadvantaged areas. To learn more, contact mrankins
MI State Trade Expansion Program (MI-STEP)
As a result to , the MI-STEP system has increased the limit quantity for several activities to greatly help support organizations going worldwide with regards to company, rendering it more favorable to be involved in export tasks.
MSF Awardee Relief Initiative
Authorizes emergency relief to companies and community jobs that have previously received grants, loans, or any other forms of financial some help from the Michigan Strategic Fund.
Capital Access System
MEDC’s Capital Access system utilizes general public resources to come up with lender that is private, supplying small enterprises in Michigan use of capital which may maybe not otherwise be around.
SBA Economic Injury Disaster Loans
SBA resumed processing EIDL applications that have been submitted ahead of the portal stopped accepting new applications on April 15 and will also be processing those applications for a first-come, first-served basis. On June 15, SBA started accepting EIDL that is new and Advance applications from qualified smaller businesses and U.S. agricultural companies.
Help Programs for Communities
Community Capital Resources
Smaller businesses would be the foundation of the thing that makes Michiganâ€™s downtowns unique and authentic. Investment-based crowdfunding provides a forward thinking tool that is financial offer the creation, retention, and development of businesses on primary road.
EDA Grant Application
MEDC is accepting proposals from qualified Michigan businesses to aid required money match to the U.S. Economic developing Administration’s (EDA) CARES Act healing Assistance system.
Initiate Company Retention Training Series
MEDCâ€™s Community developing and Capital Access groups have actually partnered with north Initiatives to provide an on-line learning portal that offers small enterprises usage of valuable resources to greatly help them grow and flourish in todayâ€™s economy.
Reopen Principal Street
MEDC has partnered with Reopen Main Street to compile many different data recovery resources into one, easy-to-use internet site. The new site includes reopening techniques, some ideas, guidelines to help you for companies, company districts and companies.
Help Programs for Entrepreneurs/Startups
Michigan Entrepreneur Resilience Fund
MEDC has partnered with Michigan ladies ahead to generate this $1.5 million investment to greatly help entrepreneurs and businesses that are small influenced by cure the outbreak, aswell as assist them in meeting increased needs to get reaction efforts. Note: Microloan applications will always be available.
Whenever State of crisis was declared, MEDC moved swiftly to present vital support that is economic companies, business owners, workers and communities throughout Michigan. Look at effect MEDC’s reaction programs are having in the state’s financial data recovery.
More information and previous help programs
Michigan Agricultural Protection Grants
Their state of Michigan allocated $15 million of CARES Act capital to implement the Michigan Agricultural protection give to aid monitoring and mitigation approaches for Michiganâ€™s agricultural processors and farms of 10 employees or maybe more.
MEDC Small Farm Safety Grant Program
To check the Agricultural protection give, MEDC established the MEDC Small Farm protection give Program available to Michigan farms with significantly less than 10 workers. As a whole, $1.25 million in funds were accessible to fund mitigation expenses at Michigan farms.
Michigan Small Company Restart Program
In reaction to your financial effect of , hawaii of Michigan has allocated $100 million of CARES Act money to implement the Michigan Small Business Restart system to guide the requirements of Michigan organizations straight influenced by .
Michigan Small Company Relief System
Michigan Small companies Relief Grants will soon be administered by 15 neighborhood and nonprofit development that is economic (EDOs) around Michigan. Applications are now actually closed.
FAQs for Organizations and Communities
Review this selection of faqs and answers for companies and communities throughout the outbreak.
MEDC Connections for Personalized Support
MEDC’s Regional Company Development Managers
Speak to your MEDC company developing Manager for individualized support and also to get attached to additional resources.
Speak to your Community Assistance Team Member
Make use of the Community Assistance Team user map to get your neighborhood contact. pet downline can provide support that is personalized.
Economic Developing Partners
MEDC works together with a lot more than 100 development that is economic throughout the state. Make use of this list to get additional neighborhood support in your neighborhood.