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.
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.
Grants will be awarded to Michigan-based businesses, organizations and nonprofits with 50 or fewer full-time employees. Eligible organizations are limited to the following:
• Restaurants and/or bars
• Banquet centers
• Retail stores
• Gyms and fitness centers
• Local governments that provide common space for businesses
• Commercial property owners who provide common space for tenants
The grant application opens on Wednesday, November 18, at Noon.