- ShindelRock - https://www.shindelrock.com -

MEDC offers Michigan businesses relief with $20 million grant and loan program

The Michigan Small Business Relief Program [1] will provide up to $20 million in support for small businesses negatively impacted by COVID-19. The funding is divided between $10 million in small business grants and $10 million in small business loans to support businesses facing drastic reductions in cash flow and the continued support of their workforce. Funds for the program are expected to be available no later than April 1, 2020. For more information: https://www.michiganbusiness.org/covid19/ [1]