$100 Million Available to Support Michigan
Small Businesses in COVID-19 Recovery
$100 million in federal funding was approved today for the Michigan Small Business Restart Program, which will provide grants to businesses with 50 or fewer employees working to recover from the COVID-19 crisis. Grants of up to $20,000 will be distributed through 15 local economic development organizations to small businesses, with an application period running from 7/15/20 through 8/5/20.
A small business may qualify for the Michigan Small Business Restart Program if they have not received a grant from the Michigan Small Business Relief Program and if they:
- Demonstrate that the company was affected by the COVID-19 emergency
- Show a loss of income as a result of COVID-19
- Need working capital to support eligible expenses
Funding is available on a first-come, first-served basis and the Michigan Economic Development Corporation (MEDC) projects more than 5,000 companies will benefit from the program. At least 30 percent of the funds awarded must be provided to women-owned, minority-owned or veteran-owned eligible businesses. More information about this grant program is available at michiganbusiness.org/restart.
An additional $15 million in federal funding was also approved today to help Michigan’s agricultural sector and food processors to mitigate the risks of COVID-19 virus in the state’s food production industry. Processors and farms can apply through GreenStone Farm Credit Services starting 7/15/20 for grants of up to $1,000 per employee for virus mitigation costs, including testing, personal protective equipment (PPE), facility needs, increased sanitation costs and employee training. Grant criteria, eligible expenditures and more can be found at michiganbusiness.org/agsafety.
Contact MMA’s Mike Johnston, at 517-487-8554 or firstname.lastname@example.org, regarding these grant programs and other efforts to support Michigan manufacturers as they work to recover from the ongoing impacts of the COVID-19 pandemic.
New & Notable
Connect with Michigan’s New Director
of COVID-19 Workplace Safety
Wednesday, 7/8/20 at 9:00 a.m.
Sean Egan, appointed by Governor Gretchen Whitmer as the Director of COVID-19 Workplace Safety, is responsible for coordinating the state’s efforts to monitor and enforce the workplace safeguards established in Executive Order 2020-114.
Join MMA and Director Egan to get an update on Michigan’s gradual process of resuming in-person work. Hear the latest on workplace safety requirements, learn about resources and tools available to employers and ask your questions directly of Director Egan in this free and exclusive opportunity for MMA members.
The 3 S’s of Improving Your
Workplace Safety Protocols
Thursday, 7/9/20 at 1:00 p.m.
As manufacturers work towards re-opening with full-scale operations, being safe and following preventative procedures is crucial for both the wellbeing of employees and communities, and for achieving compliance with state requirements and guidelines. The more you can simplify, standardize, and speed up those processes, the more vigilant, compliant, and safe you'll be.
Join MMA and GoCanvas for an impactful video presentation on approaches manufacturers are exploring to achieve new requirements.
Improving Business Resilience Post-Pandemic
Host: Clark Hill (MMA Premium Associate Member)
Wednesday, 7/8/20 at 12:00 p.m.
In any given year, companies experience an unexpected event that disrupts the flow of normal business. Business disruptions from changes in customer expectations, increased governmental and regulatory scrutiny, cyber-attacks, natural disaster, pandemics and other unimaginable threats can all happen so fast that companies must be able to anticipate and move in new directions if they are going to survive.
In other words, business resilience is now more important than ever.
Join ASSET360 for a guided discussion and interactive Q&A session on the top operational risks and key strategies to quickly understand and respond to an evolving set of problems.
Whether your company is currently struggling in response to the COVID-19 crisis, looking at ways to reduce supply chain risks, updating business continuity plan, or getting ready to launch a new IT system, leaders in any industry will leave this program better equipped to identify, mitigate and respond to operational changes. This interactive discussion will include time for Q&A so we can address your greatest concerns and challenges about responding to operational risks.
Resources for Manufacturers
Stay updated and compliant with the many changes imposed over the last few weeks. Find state, federal and member resources on MMA’s COVID-19 Resources.