Khalil Rahal. Grants to Michigan nonprofit organizations for programs to improve the quality of life for local residents in eligible locations. The programs will total $58.5 million in relief, the Michigan Economic Development Corporation announced. Lenawee Now was formerly known as the Lenawee Economic Development Corporation and is located in Adrian. Michigan Economic Development Corporation (MEDC) Small Business Relief Grants & Loans. Applicants were able to apply for grants of up to $15,000. Special Community Block Grant Program funds (CDBG-CV) were allocated by HUD as authorized by the Coronavirus Aid, Relief and Economic Security Act (CARES Act), Public Law 116-136. It outlines the Federal rules that govern the use of CDBG awards as well as the MEDC’s policies regulating the application process and the on-going operation of its CDBG- … Earlier this month, we published an alert detailing the $20 million State of Michigan Small Business Relief Program and that program applications for grants and loans would be forthcoming. If you have any questions or wish to … Gretchen Whitmer announced that Michigan’s small businesses impacted by the recent COVID-19 emergency “gatherings and face mask orders” can begin applying for $55 million in Michigan Small Business Survival grants through the Michigan Economic Development Corporation on Tuesday, Jan. 19 at 9 a.m. ... Business Development - Michigan Economic Development Corporation. A number of other economic incentives are available from governmental and private organizations. MEDC is providing applications for Small Business Relief grants and loans through their website to help maintain small businesses in the shut down. MARQUETTE, Mich. (WLUC) - More than 11,300 small businesses and nonprofits across Michigan have been awarded $69 million in grants by local economic development organizations as of … The Detroit Economic Development Corporation is one of 15 economic development organizations selected to receive and distribute the funds. Program Description. The Michigan Economic Development Organization Development Corporation on Thursday announced it has awarded $4.35 million in low-interest loans to 74 small businesses in 40 counties across the state. Yes, this application is the starting point of a loan application, which is handled directly by the Michigan Economic Development Corporation (MEDC) after a review by the committee listed above. Michigan Economic Development Corporation grants $230,000 to Challenge Detroit. Baraga County Economic Development Corporation The COVID-19 (coronavirus) is a part of our world today and is impacting business, the economy and the health of our communities. Through the strategic fund the Michigan Economic Development Corp. has awarded $180 million in grants to support more than 18,500 small businesses over the past 10 months, corporation … "The Michigan Economic Development Corporation, a partnership between State and local communities, promotes economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life". According to Michael Finley, skills development and addressing the talent gap between workers skills and the markets' requirements is key to the economic success of the state. PlanetM Mobility Grants are separated into two categories – Testing Grants and Pilot Grants. These grant funds were generously allocated to the Lansing region by Michigan Governor Gretchen Whitmer through the Michigan Economic Development Corporation (MEDC). Focus areas include education, environment and recreation, culture and the arts, economic development, health, and human services. Michigan Economic Development Corporation Small Business Relief Grants & Loans; Small Business Association of Michigan COVID-19 Resource Guide; COVID-19 PERSONAL PROTECTIVE EQUIPMENT PROCUREMENT. ... Michigan Economic Development Corporation grants $230,000 to Challenge Detroit. The Research and Development Investment Loan Fund provides loan financing ranging from $500,000 to $5 million for projects primarily engaging in R&D activity. Michigan Economic Development Corporation … Its activities and programs are focused on stimulating the local economy through business retention, expansion and attraction while improving the overall quality of life for residents. SSTI Resources for … The Michigan Strategic Fund voted to enact two programs aimed at providing economic relief to small businesses and live event venues across the state. Gene … For Businesses and Individuals Affected by COVID-19. Online business development tools have never been so important for businesses in the ‘New Online Normal’. As we talk with businesses, a number have inquired about how others are responding to or are preparing for disruptions due to the virus. An objective review of all applications included criteria set forth by the Michigan Economic Development Corporation, including need, the size of the business, COVID-19 impact and previous profitability. Michigan Chamber of Commerce Learn from Alyssa Tracey, Director of International Trade at the Michigan Economic Development Corporation (MEDC) what they are doing to help Michigan companies navigate the ‘New Online Normal’.. Michigan Economic Development Corporation Grants and Loans Provided below is a link to The Michigan Economic Development Corporation's (MEDC) collection of grants, loans and other resources for Michigan businesses. Michigan small businesses affected by COVID-19 may now apply for loans and grants through the Michigan Economic Development (MEDC) website. The collaborative awarded grants to 181 small businesses and nonprofits across northwest Michigan with an average amount of $13,122. Loans between $50,000 and $200,000 are available through this application but are administered directly by the Michigan Economic Development Corporation. Nonprofit Resources. A trio of small businesses in West Michigan received $75,000 in grant funds from a Michigan Economic Development Corporation program. Once funds are exhausted, no further grants will be issued. Contracts & Grants Specialist Michigan Economic Development Corporation. The Saginaw Economic Development Corporation is soliciting applications for a forgivable loan program. Company: Michigan Economic Development Corporation, Lansing, MI Entry Submitted By: Racepoint Global Company Description: The MEDC is Michigan's marketing arm and lead advocate for business development, talent, jobs, tourism, digital media incentives, cultural grants and overall economic growth. Economic development in Lenawee county, Michigan. The Michigan Small Business Relief Program grants, authorized by the Michigan Strategic Fund on March 19, will be administered by 15 local and nonprofit economic development … Grants and funding available. The Michigan Economic Development Corporation (MEDC) has approved a regional grant for the I-69 Thumb Region submitted collaboratively by Region 6 economic development partners. HUD AWARDS $300,000 GRANT TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN MICHIGAN RURAL COMMUNITY Grants for rural and tribal communities to address housing, poverty and jobs. In response to the COVID-19 crisis, The Michigan Economic Development Corporation, in conjunction with the Detroit-based crowdfunding platform, Patronicity, has developed “MI Local Biz”, a creative funding mechanism to offer quick access to capital for small local businesses in this great time of need. The Michigan Small Business Survival Grants will be administered by 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties across the state. More than 56 Midland County businesses were recently awarded a total of $570,000 in Michigan Small Business Survival grants. Expanded Incentives Support the Growth in Remote Work February 15, 2002 on our tests of the Michigan Economic Development Corporation's compliance with certain provisions of laws, regulations, contracts, and grants and on our consideration of its internal control over financial reporting. The Michigan Economic Development Corp. recently announced the latest round of its PlanetM Mobility Grants, awarding more than $450,000 to six companies to … The CEO of the Michigan Economic Development Corporation highlighted the importance of 'talent development' in a speech the Economic Development Alliance of St. Clair County. The Michigan Economic Development Corporation plans to distribute $10 million in CARES Act funding from the state to eligible small businesses in … These new investments will promote greater economic opportunities for our businesses and citizens.” Incentives from the Michigan Business Development Program included grants to: Aisin Technical Center of America, a subsidiary of Japan-based Aisin Seiki, plans to purchase a building to expand its existing operations in Northville Charter Township. HealthLinc and the Economic Development Corporation Michigan City are working together to promote COVID-19 vaccinations to area manufacturing facilities, businesses and organizations. Michigan Economic Development Corporation 201 North Washington Square Victor Center, 4th Floor Lansing, Michigan Dear Mr. Rothwell: We have audited the financial statements of the Michigan Economic Development Corporation as of and for the six-month period ended September 30, 1999 and have issued our report thereon dated February 18, 2000. According to Michael Finley, skills development and addressing the talent gap between workers skills and the markets' requirements is key to the economic success of the state. Michigan Economic Development Corporation (MEDC) new statewide grant program from Pure Michigan to helps struggling businesses impacted by COVID-19. The Michigan Strategic Fund today approved two grant programs – the Michigan Small Business Survival Grants and the Michigan Stages Survival Grants – totaling $58.5 million in relief to help meet the urgent needs of small businesses and live event venues impacted by the COVID-19 virus, the Michigan Economic Development Corporation announced. The Michigan Economic Development Corp. recently announced the latest round of its PlanetM Mobility Grants, awarding more than $450,000 to six companies to … Bring your biggest, boldest, most out-of-the-box ideas to life and let us help your business play a defining role in shaping the world’s economic future with the resources and expertise available in … The MEDC Community Development unit focuses on creating vibrant, sustainable and unique places by providing economic development services and programs. The Michigan Economic Development Corporation, in collaboration with more than 100 economic development partners, markets Michigan as the place to do business, assists businesses in their growth strategies and fosters the growth of vibrant communities across the state. In response to the COVID-19 crisis, The Michigan Economic Development Corporation, in conjunction with the Detroit-based crowdfunding platform, Patronicity, has developed “MI Local Biz”, a creative funding mechanism to offer quick access to capital for small local businesses in this great time of need. In addition, the Michigan Small Business Survival Grants program was administered by 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties across the state. LANSING, Mich. — On Monday, Gov. Some 169 small mid-Michigan business have been awarded cash grants by the Michigan Economic Development Corporation to assist them in surviving the … The CEO of the Michigan Economic Development Corporation highlighted the importance of 'talent development' in a speech the Economic Development Alliance of St. Clair County. That report is an integral part of an audit performed in accordance with Government Auditing Standards and HealthLinc is working in partnership with employers to host a COVID-19 vaccination clinic at their businesses on days and times that work best for their employees. The Michigan Economic Development Corporation awarded more than half a million dollars to small businesses across the state including some in northern Michigan. Michigan Economic Development Corporation (MEDC) spokesperson Otie McKinley says, statewide, 34,487 applications were submitted for the program by last Friday’s deadline. Nov 1986 – Present 33 years 1 month. With an allocation of $10 million, funding is available for approximately 650 grants. State and local governments use grants widely as economic development and site location incentives. The Midland Business Alliance (MBA), in partnership with the Middle Michigan Development Corporation reviewed and recommended Small Business Survival Grants on behalf of the Michigan Economic Development Corporation and its Michigan Strategic Fund. The Flint and Genesee Chamber of Commerce announced the receipt of $482,506 in grants, including $36,000 from the Michigan Economic Development Corporation on Monday, Sept. 30. Professional sports teams are an easy drive away, and college sports fans root for University of Michigan’s Wolverines and Michigan State’s Spartans. The funding will be distributed across 15 local or nonprofit economic development organizations, covering all 83 counties in the state. The program was launched to provide relief for small businesses … Edward Lowe Foundation Cass County is home to the Edward Lowe Foundation, many local community events, superb health care, and a quality of life that is second to none that includes fishing, golf, recreation and trails. Program Description. MLive reported that, according to the state, the grants are “helping retain more than 54,000 jobs in Michigan.” According to the Michigan Economic Development Corporation, it was up to each business to determine how many jobs would be retained or rehired at the time it applied for one of the grants. According to a release from Networks Northwest, the Small Business Survival Grants funding through the Michigan Strategic Fund and the Michigan Economic Development Corporation was for … Learn More. The Michigan Economic Development Corporation says funds from both programs can be used for payroll expenses, rent and mortgage payments, utility payments, and … The Michigan Economic Development Corporation is coordinating the effort with 15 local or nonprofit economic development organizations that … Contact development@kalamazoocity.org to learn more about what options are available and how to apply.. Beginning in 2020, the Kalamazoo Small Business Loan Fund was established in partnership with the … $3,000,000 for Bay College in 30 manufacturers’ grants through the Michigan Economic Development Corporation for employee training Saginaw County’s population is highly educated and diverse, and the region has one of the nation’s highest concentrations of PhD’s and registered patents per capita. Michigan State University Libraries Grants and Related Resources Connects Michigan businesses with Michigan-based PPE and safety product suppliers. Oakland County Grants Business Grants and Loans SBA Small Business Loans Tax-Exempt Bond Program Events. The Match on Main grants … The Michigan Economic Development Corporation anticipates that more than 5,000 businesses across the state will benefit from this program. Assistant County Executive dmartin@waynecounty.com 313.967.1034 Khalil Rahal is the Assistant County Executive responsible for overseeing economic development activity, as well as facilities and real estate management while leading the County's legislative work in … Romulus also has multiple development districts available which include a Tax Increment Finance District (TIFA), a Downtown Development District (DDA), Next Michigan Development Corporation (NMDC) and a Foreign Trade Zone (FTZ). About $52.5 million in relief has been awarded to nearly 6,000 small businesses across Michigan through the Michigan Economic Development Corporation's Michigan … Our Community Investment team can identify what programs are available for your project. The GAM is the State’s guide for UGLGs that have received CDBG grants from the MSF. Detroit’s share of the new funds will be $4 million. Funds received from the programs are intended to help keep workers safe, and can be used for the following purposes listed here as stated on the Michigan Economic Development Corporation (MEDC) site: Grants will be awarded to eligible applicants on a first come, first served basis. March 2020: DEGC, in collaboration with the Michigan Economic Development Corporation, Wayne County and the City of Detroit, announced a grant program to help Detroit small businesses survive the economic impact of the COVID-19 crisis. LANSING — The Michigan Strategic Fund approved two grant programs Thursday for small businesses and live entertainment venues affected by the COVID-19 pandemic. Michigan’s small businesses impacted by the COVID-19 virus can now apply for grants and loans through the Michigan Small Business Relief Program, the Michigan Economic Development Corporation announced today. Michigan Small Business Restart Program. The application for the Survival Grant goes live at 9 a.m. Jan. 19 and is open through 12 p.m. Jan. 22. Romulus has numerous economic development tools and incentives to offer incoming businesses. PlanetM Testing and Pilot Grants. Approval of this grant in the amount of $850,000 allows the I-69 Thumb Region, consisting of seven (7) counties, to issue prompt Small Business Relief funding. Michigan Economic Development Corporation — MEDC offers grants and loans to redevelop Michigan’s downtowns and foster historic preservation. LANSING -More than 11,300 small businesses and nonprofits across Michigan have been awarded $69 million in grants by local economic development organizations as of September 10, 2020 through the Michigan Small Business Restart Grant Program.The program was launched to provide relief for small businesses that have been negatively impacted by the COVID-19 pandemic. The Michigan Small Business Survival Grants program was administered by 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties across the state. Michigan Economic Development Corporation (MEDC) MEDC offers grants and loans to redevelop Michigan’s downtowns and foster historic preservation. The Macomb County Department of Planning & Economic Development supports an environment where businesses prosper and people thrive. This funding is made possible by the Michigan Economic Development Corporation releasing $10 million in small business grants from the Michigan Strategic Fund (MSF) to regional economic development agencies for businesses facing drastic reductions in cash flow and the continued support of their workforce due to the COVID-19 outbreak. Lansing's Capital City Market offers more than 1,000 Michigan-made products from entrepreneurs … Michigan State Housing Development Authority — MSHDA provides financial and technical assistance through public and private partnerships to create and preserve safe and decent affordable housing. UPPER THUMB — The Michigan Economic Development Corporation announced the farms and agricultural processors awarded Agriculture Safety Grants… LANSING – The Michigan Strategic Fund today approved two grant programs – the Michigan Small Business Survival Grants and the Michigan Stages Survival Grants – totaling $58.5 million in relief to help meet the urgent needs of small businesses and live event venues impacted by the COVID-19 virus, the Michigan Economic Development Corporation announced. The Pure Michigan Small Business Relief Initiative utilized $10 million in federal U.S. Housing and Urban Development (HUD) CARES Act funding to provide economic assistance to … The Collaborative was able to award grants to 181 small businesses and nonprofits across Northwest Michigan with an average amount of $13,122. More than 11,300 small businesses and nonprofits across Michigan have been awarded $69 million in grants by local economic development organizations as of September 10, 2020 through the Michigan Small Business Restart Grant Program, the Michigan Economic Development Corporation announced today. Fred Molnar, Vice President, Entrepreneurship and Innovation, Michigan Economic Development Corporation Entrepreneurism will be the “shot in the arm” the economy so desperately needs to recover. Community Development Block Grants (CDBG) Community Development Block Grants (CDBG) - Contractors; ... Michigan / Advantage Oakland. Check out this page […] Advantage Oakland Home. The Michigan Strategic Fund (MSF) approved a $100 million program that will provide grants to Michigan small businesses working to recover from the ongoing impacts of the COVID-19 virus, the Michigan Economic Development Corporation announced. HURON COUNTY – More than 11,300 small businesses and nonprofits across Michigan have been awarded $69 million in grants by local economic development organizations through the Michigan Small Business Restart Grant Program.. Michigan Economic Development Corporation Grants and Loans With more than $8,305.00 million dollars in grants and additional local government funding sources of $7,642.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are … Through the strategic fund the Michigan Economic Development Corp. has awarded $180 million in grants to support more than 18,500 small businesses over the past 10 months, corporation … The PlanetM Testing Grant accelerates innovation by providing mobility companies the opportunity to access Michigan advanced, state-of-the-art testing facilities. 517-265-5141 info@lenaweenow.org An objective review of all applications included criteria set forth by the Michigan Economic Development Corporation, including need, the size of the business, COVID-19 impact, and previous profitability. Called the Michigan Small Business Restart Program, it will support Michigan’s small businesses that … Saginaw County, which is part of the Great Lakes Bay Region, is one of Michigan’s leading areas of economic growth and development. Mroz says there’s an independent review board awarding grants and evaluating applications for each of the 11 counties The Right Place covers. The Michigan Small Business Survival Grants program was administered by 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties across the state.
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