The Michigan Strategic Fund approved a $10 million grant program (Pure Michigan Small Business Relief Initiative) to assist small businesses impacted by the COVID-19 virus. Eligible small businesses could receive upwards of $15,000.
Eligibility Requirements*
- For-profit entity
- Not filed for bankruptcy in the last 10 years
- At least two employees, fewer than 50 employees
- 2019 annual gross revenue exceeds $25,000
Applications for the grant will open on December 15, 2020 at 9:00 a.m. EST.
We have also provided employer resources, such as Frequently Asked Questions regarding employment laws to quickly address any issues you may have experienced already amid the COVID-19 crisis. Work from Home and Workplace Compliance guides for employers to utilize.
We continue our commitment to open communication with our clients, employees, and partners and ask that we continue to support each other in these challenging times.
Review the full grant details here.
*View full eligibility requirements.