5-20K Survival Grants available in Newaygo County
Yesterday, the Michigan Strategic Fund Board approved $55M in small business grants for COVID-19 relief efforts. The Right Place will administer grant funds to several counties in West Michigan.
“Our Newaygo County small businesses continue to be critically impacted by the pandemic,” said Julie Burrell, Business Development Manager, The Right Place, Inc. “As we continue to navigate this pandemic the demand for assistance remains high, and the Survival Grants will offer a needed financial lifeline to Newaygo County businesses.”
A local committee will score all applications and make awards of $5,000 - $20,000, to selected businesses based on program criteria and amount of local funding available. $171,453 has been allotted to Newaygo County to distribute.
The application period will open Jan 19th at 9am and close Jan 22nd at Noon here https://www.michiganbusiness.org/survival/
The Small Business Survival Grant was designed to provide funding for eligible businesses disproportionately impacted by COVID-19 and the Gatherings and Mask Order issued by MDHHS on Dec 7, 2020.
It his highly encouraged for businesses to visit the application page early, and set up a ConnectSpace account (visit https://pmbc.connect.space/ to do so) if they don’t already have one, and review all eligibility criteria and FAQs. In order to assist with web traffic flow, an electronic queue system has been established, and applicants will enter the queue prior to entry into the application. All applicants who are in the queue by 12:00 on Friday Jan 22 will have an opportunity to complete their application.
Grant funds will be distributed by Feb 28, 2021.
Industries Affected By The Order:
Live entertainment venues can access the Michigan Stages Survival Grant Program, with the application period opening Jan 21 at 9am.