Press Releases - July 2020

Friday, July 31, 2020

Deadline Approaching for Businesses and Nonprofits to Apply for Grants through Michigan Small Business Restart Program

$100 million grant program expanded to allow small businesses that received grants through Michigan Small Business Relief Program to be eligible for Restart grants • Program accepting applications at michiganbusiness.org/restart through August 5 • 30 percent of funding to be awarded to eligible women-owned, minority-owned or veteran-owned businesses

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Wednesday, July 29, 2020

THIS JUST IN: Michigan captures eight top 10 spots in Business Facilities’ annual Rankings Report

Grand Rapids, Kalamazoo, Genesee County also receive recognition

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Tuesday, July 28, 2020

Crowdfunding campaign launched for Salam Peace Park in Hamtramck

$22,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Tuesday, July 28, 2020

Tier 1 auto supplier expansion, community revitalization efforts position Michigan for future prosperity

• Bridgewater Interiors expansion in Detroit, Delta Township builds on state’s automotive industry, brings new pathway jobs to state • Community revitalization projects in Detroit leverage vital federal dollars to bring new opportunities for economic growth, local vitality • Additional CARES Act funding approved for community development projects around Michigan

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Thursday, July 23, 2020

Crowdfunding campaign launched for Durfee Innovation Society Playground in Detroit

$10,372 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Wednesday, July 22, 2020

$20 Million in Federal Funding Available to Support Local Response Efforts to COVID-19

Opportunity to unlock required match dollars as part of federal EDA CARES Act grant application process also now available
• Federal CDBG CARES Act funding to be made available through the MEDC to 77 counties across Michigan that didn’t already receive direct CDBG funding from HUD • Funds may be used to reimburse for unbudgeted expenditures by counties to prevent, prepare for and respond to the coronavirus • MEDC will deploy additional funds through the state CDBG program to provide 50% of the required project match, up to $250,000, for EDA CARES Act Recovery Assistance program

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Tuesday, July 21, 2020

MEDC Invites Michigan-Based Companies, Entrepreneurs to Apply for National Pitch Competition

• MEDC partnering with Entrepreneur Magazine to host a Michigan-themed episode of Entrepreneur Elevator Pitch • Applications live until August 1, 2020, at entrepreneur.com

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Monday, July 20, 2020

$1.25 Million in New Grant Funding Available from Michigan Economic Development Corporation to Assist Michigan’s Small Farms Implement COVID-19 Safety Measures

• Farms with less than 10 employees eligible for MEDC Small Farm Safety Grant to help protect workers, food supply in state. • $1.25 million program complements Michigan Agricultural Safety Grant program launched July 15 • Program details and application will be available at michiganbusiness.org/agsafety

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Friday, July 17, 2020

MCC Receives $55 Million Tax Credit Allocation

MCC one of 76 Community Development Entities chosen to receive allocations

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Wednesday, July 15, 2020

THIS JUST IN: Applications Live for COVID-19 Relief Grant Programs

• $100 million in grants through Michigan Small Business Restart Program available for Michigan’s small businesses and nonprofits as they work to recover from COVID-19 crisis • $15 million Agricultural Safety Grant Program will provide critical support to Michigan’s farms and food processors as they work to protect employees, food industry

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