Displaying items by tag: Michigan Strategic Fund
Thousands seek small biz pandemic relief grants in West Michigan
Nearly 4,000 small businesses across a 13-county region of West Michigan have applied for state pandemic relief grants.
MEDC awards $4.3M in COVID-19 relief loans
The Michigan Economic Development Corp. has awarded $4.3 million in low-interest relief loans to 74 small businesses statewide affected by the COVID-19 pandemic.
MiBiz Growth Report: May 27, 2020
Here is the MiBiz Growth Report for May 27, 2020.
State board approves funding for Lansing mixed-use project, Cass County public improvements
The Michigan Strategic Fund approved financing today for a range of economic development initiatives, including brownfield tax incentives for a major mixed-use project in Lansing and public improvements in Cass County.
MSU Foundation to manage state-backed $5.5M pre-seed fund
The Michigan Economic Development Corp. plans to put $3 million into a capital fund that will invest in early-stage technology companies.
Northern Initiatives to increase small business lending with $2 million infusion from state
The state plans to provide up to $2 million to a Marquette-based small business lender to increase activity across the state.
MEDC offers grace period for companies that received state incentives
Companies and real estate projects that received state incentives through a grant, loan or equity investment from the Michigan Strategic Fund could get emergency relief under an initiative approved today to ease the economic hardship triggered by the COVID-19 pandemic.
Applications now open for Michigan small business grants, loans
Michigan’s loan and grant program for small businesses affected by the coronavirus is now accepting applications, state officials announced today.
State launches $20 million in small business relief
The state intends to create two funds totaling $20 million to support grants and low-interest loans to small businesses that had to close or have been disrupted by the coronavirus and COVID-19 pandemic.
State allocates $7 million in funds to back early-stage entrepreneurs
An assortment of state-backed capital funds and initiatives to support business startups, innovation and entrepreneurs recently earned renewal in Lansing.