As communities across Michigan face budget uncertainties due to unanticipated costs associated with COVID-19, the Michigan Economic Development Corporation (MEDC) has made available $20 million in federal Community Development Block Grant (CDBG) CARES Act funding to 77 non-entitlement counties to provide economic relief. Funds may be used to reimburse for unbudgeted expenditures by counties to prevent, prepare for, and respond to the Coronavirus.
As part of the federal funding Michigan received through the CARES Act, $15 million in agricultural safety grants will provide economic assistance for Michigan farms and agricultural processors to mitigate risks of the COVID-19 virus across the state’s food production industry. Grants will be available on a first-come, first-serve basis with $10 million available for farms. See the FAQ’s here.
Modeled after the Michigan Agricultural Safety Grant program, this program will award $1.25 million to farms with less than 10 employees to fund COVID-19 mitigation costs. This includes but is not limited to testing costs, PPE, facility needs, increased sanitation costs, employee training, and upgraded safety procedures for farm-provided housing.
The Michigan Strategic Fund has approved modifications to the BAF to provide greater support to business accelerators in Michigan’s Statewide SmartZone network that serve startups and high-tech companies impacted by COVID-19. SmartZone services can be accessed at Houghton/Hancock MTEC, Marquette SmartZone Innovate Marquette and Sault Ste. Marie SmartZone/Sault Ste. Marie EDC
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