Supplied below is a summary of resources and information for Michigan organizations during the COVID-19 (Coronavirus) outbreak. We will continue steadily to upgrade these pages much more resources become available. For those who have any questions or need to talk with MEDC straight, please phone.
COVID-19 Newsletter Stay up to date on information associated with business that is small programs for COVID-19.
COVID-19 Grants & Resources for Michigan Companies
To assist small enterprises effectively navigate the wintertime ahead and avoid the spread of COVID-19, the Michigan Department of Labor and Economic chance offers federal CARES Act funds to simply help qualifying smaller businesses increase their capability by incorporating weatherized, short-term outdoor facilities.
COVID-19 Workplace Protection Guidance
Find worker workplace security resources posters that are including videos, reality sheets and industry certain needs, along with guidelines and information from MIOSHA.
Governor Gretchen WhitmerвЂ™s MI secure begin Arrange describes exactly exactly exactly exactly exactly exactly how Michigan will quickly re-engage while continuing to help keep our communities safe. Re-engagement may happen in stages and the ones continuing companies that are essential to safeguard and maintain life are generally available.
Help neighbors in need of assistance while assisting generate business that is new Michigan. The program will help source PPE materials for companies re-opening after the COVID-19 outbreak.
Created mainly for companies and workers, the web device permits users to enter information day-to-day to simply help recognize signs that would be brought on by the COVID-19 virus and also to make choices about when you should look for appropriate health care. Local and state health that is public additionally utilize the collective information to aid recognize the possibility for new outbreaks regarding the infection.
COVID-19 Support Tools for Smaller Businesses
Detroit Developing Fund
Detroit Development Fund is accepting applications from organizations in Detroit, Highland Park, and Hamtramck who’ve been relying on the virus that is COVID-19. Organizations thinking about trying to get financing should contact DDF at (313) 784-9623, or by e-mail.
Metro Community Developing
Micro and business loans which range from $5,000 to $250,000 can be found to Michigan smaller businesses in 13 counties, with a focus on organizations based in economically disadvantaged areas. To learn more, contact.
MI State Trade Expansion Program (MI-STEP)
In reaction to COVID-19, the MI-STEP system has increased the limit quantity for many tasks to simply help help businesses going international with regards to company, rendering it more favorable to take part in export tasks.
MSF Awardee Relief Initiative
Authorizes crisis relief to companies and community jobs which have formerly gotten funds, loans, or other types of financial the assistance of the Michigan Strategic Fund.
Capital Access System
MEDC’s Capital Access system utilizes general general general general public resources to build personal loan provider funding, supplying smaller businesses in Michigan use of money that may maybe perhaps maybe perhaps not otherwise be accessible.
SBA Economic Injury Disaster Loans
SBA resumed processing EIDL applications which were submitted prior to the portal stopped accepting brand brand brand brand new applications on April 15 and will also be processing those applications on a first-come, first-served foundation. On June 15, SBA started accepting EIDL that is new and Advance applications from qualified small enterprises and U.S. agricultural companies.
COVID-19 Support Tools for Communities
Community Capital Resources
Small enterprises will be the foundation of the thing that makes MichiganвЂ™s downtowns unique and authentic. Investment-based crowdfunding provides a cutting-edge tool that is financial offer the creation, retention, and growth of companies on primary road.
EDA Grant Application
MEDC is proposals that are accepting qualified Michigan companies to aid needed money match to your U.S. Economic developing Administration’s (EDA) CARES Act healing Assistance system.
Initiate Company Retention Training Series
MEDCвЂ™s Community developing and Capital Access groups have actually partnered with north Initiatives to supply an on-line learning portal that provides small enterprises usage of valuable resources to greatly help them develop and flourish in todayвЂ™s economy.
Reopen Principal Street
MEDC has partnered with Reopen principal Street to compile many different data data data recovery resources into one, easy-to-use site. The website that is new reopening techniques, some ideas, guidelines to help you for companies, company districts and companies.
COVID-19 Support Tools for Entrepreneurs/Startups
Michigan Entrepreneur https://title-max.com/payday-loans-ar/ Resilience Fund
MEDC has partnered with Michigan ladies ahead to produce this $1.5 million investment to aid business owners and businesses that are small influenced by COVID-19 cure the outbreak, aswell as assist them in meeting increased needs to get COVID-19 reaction efforts. Note: Microloan applications continue to be available.
MEDC COVID-19 Reaction
If the State of crisis had been announced, MEDC relocated swiftly to give vital financial help to organizations, business owners, employees and communities throughout Michigan. Look at effect MEDC’s COVID-19 reaction programs are experiencing in the state’s financial data data data recovery.
Extra information and previous COVID-19 support programs
Michigan Agricultural Protection Grants
Hawaii of Michigan allocated $15 million of CARES Act capital to make usage of the Michigan Agricultural protection give to guide COVID-19 monitoring and mitigation techniques for MichiganвЂ™s agricultural processors and farms of 10 workers or higher.
MEDC Small Farm Safety Grant Program
To check the Agricultural protection give, MEDC established the MEDC Small Farm protection give Program available to Michigan farms with not as much as 10 workers. As a whole, $1.25 million in funds had been accessible to fund mitigation that is COVID-19 at Michigan farms.
Michigan Small Company Restart System
In reaction to your financial effect of COVID-19, the State of Michigan has allocated $100 million of CARES Act capital to make usage of the Michigan Small Business Restart system to guide the requirements of Michigan companies straight influenced by COVID-19.
Michigan Small Company Relief System
Michigan Small organizations Relief Grants will likely be administered by 15 regional and nonprofit financial development companies (EDOs) around Michigan. Applications are actually closed.
FAQs for Organizations and Communities
Review this variety of faq’s and responses for companies and communities through the outbreak that is COVID-19.
MEDC Connections for Personalized Help
MEDC’s Regional Company Development Managers
Speak to your MEDC company developing Manager for individualized help and also to get attached to extra resources.
Contact your Community Assistance Team Member
Utilize the grouped Community Assistance Team user map to get the local contact. pet downline will offer individualized support.
Economic Developing Partners
MEDC works together with significantly more than 100 financial development lovers over the state. Make use of this list to get extra support that is local your neighborhood.