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.
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
Free marketing and online services to local small businesses