- This event has passed.
DEADLINE TOMORROW at 12PM: Apply for Michigan Small Business Survival Grant Program
January 22, 2021 @ 12:00 pm
The State of Michigan has allocated $55 million to implement the Michigan Small Business Survival Grant Program to support the needs of Michigan businesses that have been disproportionately impacted by the COVID-19 virus and the Gatherings and Mask Order.
The application to apply is now open and will close at 12:00 p.m. EST on Friday, January 22, 2021.
In order to be eligible for funding under the Program, small businesses must be a for-profit or non-profit company and meet all criteria below. Furthermore, each local EDO may have additional eligibility criteria.
- Had 1 to 100 employees (including full-time, part-time and owner/employees) on a world-wide basis on November 17, 2020.
- Is in an industry that demonstrates it is affected by the Order.
- Needs working capital to support payroll expenses, rent, mortgage payments, utility expenses, or other similar expenses.
- Demonstrates an income loss as a result of the Order as determined by the EDO in which an eligible business is located.
- Is not a live music and entertainment venue that is eligible for funds under Section 401 of Public Act 257 of 2020: Michigan Stages Survival Grant Program.
Timeline
- January 19, 2021: application window opens at 9:00 a.m. EST
- January 22, 2021: application window closes at 12:00 p.m. EST
- Week of January 25, 2021: EDOs carry out grant selection process
- January 29 – February 28, 2021: Funds disbursed
If any funds are not disbursed by the EDOs by February 28, 2021, funds will be returned to the MSF for reallocation to one or more EDOs for disbursement to eligible businesses by April 30, 2021