Financial assistance and support

FOR: Commercial firms and nonprofits with 50 or fewer full-time equivalent employees at eligible business types (see below)

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.

The following types of individual businesses are eligible: restaurants, bars, aerobics and sports class facilities, fitness centers and gyms, health spas and wellness centers, final-consumer, fixed-location retailers, and banquet and event centers. Local government units and private commercial or nonprofit entities are also eligible.

FOR: Employers with less than 250 employees or less that come under the jurisdiction of MIOSHA

MIOSHA is awarding qualifying employers for a dollar-for-dollar match up to $5,000 to purchase safety and health-related equipment and equipment-related training to create a safer and healthier work environment. 

FOR: Individuals, organizations, businesses, local government units, federally recognized tribes, educational institutions
DEADLINE: November 19 at 3:00 PM

The Michigan Department of Agriculture & Rural Development (MDARD) is offering a grant opportunity to promote the sustainability of land-based industries and support infrastructure that benefit rural communities. Land-based industries include: food and agriculture, forestry, mining, oil and gas production, and tourism.

FOR: 77 non-entitlement counties in Michigan

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.

FOR: Previous MSF Awardees
The MSF Awardee Relief Initiative program authorizes emergency relief to businesses and community projects that have previously received grants, loans, or other forms of economic assistance from the Michigan Strategic Fund.
FOR: Suppliers of PPE-related equipment
Does your business have Personal Protective Equipment (PPE) that can support organizations responding to the COVID-19 (Coronavirus) outbreak? Click here to be included in the list of suppliers.
FOR: Early stage tech companies

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

U.P. programs

FOR: Businesses in Marquette County

These funds are available to businesses in Marquette County to help alleviate sudden and severe economic dislocation caused by COVID-19.

Internal Revenue Services

FOR: Employers who are closed, partially closed or experiencing significant revenue losses
Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.

Federal Programs and Resources

Small Business Administration (SBA) Programs

How do I get a quick loan to tide my business over?
Express Bridge Loan Pilot Program

What if I can’t keep up with my current SBA loan?
Small Business Debt Relief Program

How can I receive economic relief for a temporary loss of revenue?
Economic Injury Disaster Loan Program