New Grants for Qualified Small Businesses to Expand Capacity this Winter

Posted on November 16th, 2020

Application Opens Wednesday, November 18th at Noon

Get Application Details HERE 

Application Process

  1. Consider what weatherization you could do at your business to expand capacity; or consider what you have done since August 1, 2020 to add capacity for the winter.
  2. Submit your application beginning November 18, 2020 at Noon EST (link will be on SBAM’s site once live.)
  3. Upon grant award, make your approved improvements/purchases or move to Step 4 if your updates are complete.

Submit your receipt for reimbursement. Purchases must be made between August 1, 2020 – December 30, 2020. All receipts are due no later than January 15, 2021.

New Grants for Qualified Small Businesses
At Least $3,000,000 in Funds Now Available

The Michigan Department of Labor and Economic Opportunity (LEO) is providing federal CARES Act funds to help qualifying small businesses expand their capacity by adding weatherized, temporary outdoor facilities.

Who is eligible? Commercial firms and nonprofits with 50 or fewer full-time equivalent employees in these industries:

Restaurants and/or bars
Banquet centers
Retail stores
Gyms and fitness centers
Local governments, including cities, townships, villages and counties that provide common space for businesses
Commercial property owners who provide common space for tenants
Grants will be awarded to eligible businesses on a first-come, first-served basis with special consideration given to awarding at least 10 grants in each of Michigan’s prosperity regions.

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