Mircobusiness | Michigan Business

MEDC Services To Support Small Businesses and Entrepreneurs

Michigan Economic Opportunity Fund

A loan program for women, veterans and entrepreneurs of color who don’t qualify for traditional loans through banks or other financial institutions, providing opportunities for those who are socially and economically disadvantaged due to a lack of access to capital and credit.

Downtown Growth with Match on Main

Match on Main is a small business grant program is for eligible businesses in Certified Redevelopment Ready or Michigan Main Street communities. The program provides up to $25,000 for interior and exterior renovations and working capital.

Small Business Lending

Capital Access is made up of several programs that can help small business throughout Michigan receive loans from banks and lending institutions to help their businesses grow and succeed. MEDC works directly with lenders who in turn can provide traditional financing to small businesses.

Business Matchmaking Services

With access to a vast and diverse supplier network, Pure Michigan Business Connect (PMBC) connects Michigan suppliers with local domestic and global buyers.

Initiate Business Retention Training

This learning portal gives organizations that serve small business customers access to valuable resources including money management, marketing, and more.

Technology Business Incubators

Located across the state, Michigan SmartZones are where entrepreneurs can access support services like business mentoring, networking, planning, coaching and more.

Manufacturing Technology Grant

The Industry 4.0 Implementation Grant provides 50% reimbursement up to $25,000 to small manufacturers looking to adopt qualifying Industry 4.0 technologies.

MORE RESOURCES FOR SMALL BUSINESS SUCCESS

Michigan is home to a robust network of resources ready to help you start or grow your business. Use this interactive tool to find services, programs and additional information that can help throughout every step of your entrepreneurial journey.

Please note: The entities listed on this platform have been identified as service providers engaged in small business technical assistance. The MEDC does not endorse any entity listed on this platform and makes no representations about the quality of the goods or services of each service provider, or the results that may be obtained as a result of doing business with any listed entity. The MEDC encourages you to conduct your own due diligence of the service provider you are choosing to do business with.

Small Business Success Stories

High 5 Salts Gets Product into Capital City Market

Located in the heart of downtown Lansing, Mich., Capital City Market is a full-service neighborhood grocery store that sells fresh, affordable and local products. Capital City Market features more than 1,000 locally made products from small businesses and entrepreneurs with a passion for food. One of these entrepreneurs is Laura Romito, chef and founder of High 5 Salts, a line of organic seasoning blends.

High-tech Startup, Alerje, takes Product from Ideation to Commercialization in Michigan

With help from MEDC, a successful app developer suffering from severe allergies developed a high-tech health management platform to help patients with similar conditions.

Michigan's Quality of Life Creates Unmatched Home for Little Bay Boards

Though paddleboards can be made anywhere, and Northern Michigan’s frigid winters make their use seasonal, Jason can’t imagine operating Little Bay Boards anywhere else. Michigan’s natural resources and beauty are unequaled and make the state a first-rate place to live, work and play 12 months of the year.

The Poke Bowl Brings Authentic Hawaiian-Inspired Cuisine to the City of Flint

With the help of Michigan resources like the Small Business Development Center (SBDC) and winning various local pitch competitions, The Poke Bowlowners Jeron Dotson and Justin Bush were able to secure a location to build their business.