Nominate a 30 and under!

Michigan Small Business Restart Program to Provide $1.2 Million in Grants to Jackson County Small Businesses


The State of Michigan has appropriated $100 million of federal CARES Act funding through SB 690, signed into law by Governor Whitmer last week, to implement the Michigan Small Business Restart Program to support Michigan’s small businesses that are reopening and have experienced a loss of income as a result of the COVID-19 crisis.

The Michigan Strategic Fund authorized distribution of the funding across 15 local or nonprofit economic development organizations (EDOs) covering all 83 counties in the state to providing a base amount of $3.5 million per EDO for grants up to $20,000 each to support certain small businesses that have realized a significant financial hardship as a result of the COVID-19 virus.

The Enterprise Group of Jackson will receive $1.2 million dollars in MEDC grant funding to disburse to small businesses in Jackson County.

The Michigan Small Business Restart Program application will be live starting Wednesday, July 15 at https://www.michiganbusiness.org/about-medc/covid19/restart/ and run through Wednesday, August 5. Funds can be used as working capital to support payroll expenses, rent, mortgage payments, utility expenses or other similar expenses.

To qualify for grant support, businesses must meet the following criteria, based on statutory requirements for the program:

  • Is a business or nonprofit that can demonstrate it is affected by the COVID-19 emergency
  • Needs working capital to support eligible expenses
  • Demonstrates an income loss as result of the COVID-19 emergency
  • Has not received a grant through the Michigan Strategic Fund’s Michigan Small Business Relief Program. Businesses who have received support through other COVID-19 relief programs, including the Michigan Small Business Relief Program loans, are eligible to apply for Restart grants.

Additionally, at least 30 percent of the funds awarded under the program must be provided to women-owned, minority-owned or veteran-owned eligible businesses.

SIGN UP FOR YOUR ENEWSLETTER