FOR IMMEDIATE RELEASE:
July 16, 2020 – Mt. Pleasant, MI — In an effort to support Michigan small businesses that were negatively impacted by COVID-19, the State of Michigan issued $100 million of CARES Act funding towards the Michigan Small Business Restart Program through Senate Bill 690.
Middle Michigan Development Corporation (MMDC) will distribute $3,500,000 in grants through this program to eligible small businesses located in Arenac, Clare, Gladwin, Gratiot, Isabella and Midland counties. Of these, minority-owned, woman-owned and veteran-owned businesses must receive 30% of the grant dollars made available.
“We are extremely honored to have been selected as one of the 15 Economic Development Organizations across the State of Michigan to assist in distributing these funds locally,” stated James McBryde, President and CEO of Middle Michigan Development Corporation. “We are totally committed to assisting the businesses across our region and recognize the positive impact these funds will have on both businesses and communities alike.”
Businesses interested in applying for up to $20,000 in grant funding are encouraged to do so at http://michiganbusiness.org/restart. Applications will be accepted between July 15th and August 5th, 2020.
MMDC is also available to assist businesses who have questions or need support applying for the program. Individuals can contact MMDC staff at 989-772-2858 or by email at email@example.com throughout the application period.
Middle Michigan Development Corporation is central Michigan’s full service economic development resource. Since 1981, MMDC’s staff of economic development professionals have been helping businesses to locate, expand and compete in Clare and Isabella Counties.