The Michigan Economic Development Corporation (MEDC) recently announced that businesses located in Michigan Main Street districts or certified Redevelopment Ready Communities® across the state can receive up to $25,000 in reimbursable grant dollars through this year's Match on Main program. In Middle Michigan, both Harrison and Mt. Pleasant are Redevelopment Ready Communities.
If you are a business located in either downtown Harrison or in Mt. Pleasant's Central Business District, we encourage you to apply for the Match on Main program. Businesses only need to contribute a 10% fund match for the grant dollars they receive.
Interested Businesses Must Submit Their Business Worksheet to Middle Michigan Development Corporation by October 20th, 2021.
• Those that sell products and/or services face to face AND have a physical location in downtown Harrison or in Mt. Pleasant's Central Business District
• Those that have, or intend to have, control over the site for which they are applying prior to Match on Main application. Please note: changes in the proposed business location after grant selection may result in grant being forfeited.
• Those operating as a for profit or non-profit
• Those headquartered in Michigan
• Those that have not received or been approved for an MEDC Match on Main grant within the last 24 months.
Businesses that are considered franchises (including independent contractor agreements), businesses located in strip malls (unless located in an area zoned and approved for future concentrated mixed-use development), "big box" retailers, businesses whose primary sales come from marijuana, CBD, or tobacco, and/or any other business deemed ineligible by the MEDC.
Eligible Fund Uses:
Grants may be used by the business for eligible expenses that support technical
assistance, interior building renovations, permanent or semi-permanent activation of an outdoor space, and other working capital needs such as marketing needs and inventory expenses. Additional needs identified by the business and supported by the local community will also be considered.
Ineligible Fund Uses:
Exterior improvements that could be considered general maintenance, repairs, landscaping, or other non-place-based outdoor activation, employee wages, salaries or benefits, rent, mortgage, land contract or lease payments, utilities, equipment, machine or vehicle leases, vehicle payments, taxes, interest or insurance, professional fees, federal, state, or local application, licensing, permit or similar fees, bank or other lender financing, interest, inspection fees or costs, credit card processing fees; non-infrastructure COVID-19 expenses, such as disposable PPE, including masks or other face coverings, gloves, or hand sanitizer, property acquisition, projects on residential property, or any other capital expenditure (including soft costs) deemed ineligible at sole discretion of the MEDC.
Applications will be scored based on a variety of criteria including:
Clarity and completeness of application, expected level of private investment made by the business, additional resources leveraged to support the project, overall impact of funding on the business, number of jobs created or retained as a result of the project and overall impact on community.
Proposed Timeline of Approval Process:
October 6th – October 19th – market the opportunity to eligible businesses (businesses located in Harrison or Mt. Pleasant downtown districts)
October 20th – BUSINESS DEADLINE for Business Worksheet Submission to MMDC
October 25th - October 29th – Committee’s score and review applications; top scoring businesses are selected
November 1 – 5 – Finalize applications to the MEDC
November 8th – Final review of applications
November 9th – Deadline to submit applications and business selections to the MEDC
For full details on the MEDC Match on Main program, please visit the MEDC website.