In 2020, Middle Michigan Development Corporation facilitated four grant programs designed to support small businesses located in Arenac, Clare, Gladwin, Gratiot, Isabella and Midland counties. These programs included the Michigan Small Business Relief Program, Match on Main COVID-19 Relief Program and the Michigan Small Business Restart Program along with the distribution of some private funds. Through these programs, we were able to provide $3,618,000 in grant funding to businesses located in our service area and its surrounding counties. In January 2021, we distributed another $1,840,000 in grant funds through the Michigan Small Business Survival Grant program.
Public Spaces Community Places
Public Spaces Community Places is a collaborative effort of the Michigan Economic Development Corporation (MEDC), the Michigan Municipal League, and Patronicity where local residents can use crowdfunding to be part of the development of strategic projects in their communities and be backed with a matching grant from MEDC. more infomration at patronicity.com/puremichigan
Child Care Stabilization Grant
For licensed child care providers in Michigan, this grant intends to provide financial support for continued safe operations. Grant applications for fall available November 8-December 8, 2021. Spring applications will open in March 2022. More information and application guide available at michigan.gov.
Economic Injury Disaster Loan (EIDL):
A small business program for COVID-impacted businesses. This loan and grant funding opportunity is available to assist small businesses in overcoming the effects of the pandemic by providing capital at low-interest, fixed rates. Funs may be used for regular operating expenses, including payroll, rent/mortgage, utilities, and other business expenses or debts.
Funding can be up to $2 Million for 30 years at 3.75% fixed interest (2.75% fixed interest for private nonprofits). More information is available on sba.gov
Applicants for the COVID-19 Economic Injury Disaster Loan (EIDL) may be eligible to receive up to $15,000 in funding from SBA that does not need to be repaid. These "advances" are similar to a grant, but without the typical requirements that come with a U.S. government grant. Funding is up to $15,000 in grant funds. More information is available at sba.gov
GoingPro Talent Fund:
These funds can be awarded to employers to assist in training, developing and retaining current and newly hired employees. Training must be short-term and fill a demonstrated talent need. Training must lead to a credential for a skill that is transferable and recognized by industry. Funding is up to $1,500/trainee or $3,000/registered apprentice.
More information about GoingPro is online. Interested businesses can receive customized assistance in developing and funding training programs by their local Michigan Works! representative.
MIOSHA Workplace Improvements to Safety and Health Grant
This grant program awards qualifying employers a dollar-for-dollar match, up to $5,000, to purchase safety and health-related equipment and equipment related to training. Qualifying companies must have fewer than 250 employees and come under the jurisdiction of MIOSHA. More information and application materials can be found online.
Grow Forward Grant
Grow Forward Grant Program provides up to $40,000 in grants to help offset the cost of programs and services for young, beginning and small farmers. Current customers are eligible for up to $1,000. Non-customers are eligible for up to $500. Qualified applicants must be between 18-35 years old, have been farming for less than 10 years, earn less than $250,000 annually, be a member of GreenStone and reside in Wisconsin or Michigan. Businesses interested in applying for this grant opportunity are encouraged to review additional information for the Grow Forward Grant Program.
Mt. Pleasant Jaycees Isabella County Small Business Mini-Grant
Small businesses located in Isabella County and impacted by COVID-19 can apply for a mini-grant of up to $500 thanks to the Mt. Pleasant Jaycees. To learn more about their fall give initiative and to apply, please visit the Mt. Pleasant Jaycees website.
WomanUp and Pitch Competition - Win Up to $10,000 for your Business
The WomanUp & Pitch Business Plan and Pitch Competition is a funding opportunity for women who wish to start or grow an existing for-profit business. Entry applications will be accepted starting in October and four virtual contests will be held in 2022. Forty total finalists will be selected, ten in each location, divided into two categories: Idea phase/Startup (in business less than 3 years and revenue less than $250,000) and Established/Growth (in business for 3 years or more and/or revenue greater than $250,000). All finalists will receive support services and technical assistance. Winners in each category at each location will be awarded cash prizes as follows:
1st Place — $10,000
2nd Place — $5,000
3rd Place — $2,500
Audience Choice — $1,000 (One winner per location)
The Mid-Michigan Region Pitch Competition will take place on March 10th, 2022 and the Statewide Food Business Pitch Competition will take place on March 31st, 2022. To apply, visit the Michigan Women Forward website.
Questions can be directed to the MMDC team at (989)772-2858.