Press Releases - 2020

Thursday, April 16, 2020

Tech Startup Stabilization Fund Offers Support for Early-Stage Tech Companies During COVID-19 Outbreak

• $3 million fund will provide investment and loan support for Michigan tech startups and companies • Administered by ID Ventures, applications now available for startups across the state at

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Wednesday, April 15, 2020

Pure Michigan Business Connect Grants Support Retooling Efforts of 12 Small Businesses and Nonprofits in Response to COVID-19

• A total of $1 million in grants awarded through PMBC COVID-19 Emergency Access and Retooling Grants program • Immediate funding of up to $150,000 being granted to qualified manufacturers looking to produce supplies needed in response to COVID-19

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Tuesday, April 14, 2020

Assistance for communities, small businesses, early stage tech companies impacted by COVID-19 approved by Michigan Strategic Fund

• MSF Awardee Relief Initiative will provide emergency relief to MSF-supported projects • Northern Initiatives loans to increase access to capital for small businesses • Funds awarded to MSU Foundation to support early-stage tech companies

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Wednesday, April 8, 2020

National Filters Retooling to Manufacture Healthcare Masks, Respirators with Support from Michigan Strategic Fund

• Harbor Beach filter manufacturer shifts production focus in response to COVID-19 virus, working with medical facilities across Michigan • Company rehiring employees who were laid off due to outbreak

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Friday, April 3, 2020

State Expands Support Services Available for Startups, Entrepreneurs in Response to COVID-19

• State expands eligibility for the Business Acceleration Fund (BAF) to help Michigan’s SmartZones support more startups, small businesses, and certain non-tech businesses manufacturing, distributing necessary personal protection equipment

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Friday, April 3, 2020

Lt. Governor Gilchrist & former Lt. Governor Calley team up to announce coalition to support small businesses, improve access to federal loans

Launch statewide effort to encourage Michigan businesses to apply for $349 billion SBA Paycheck Protection Program, starting today

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Wednesday, April 1, 2020

Pure Michigan Business Connect offering grants to manufacturers looking to retool and produce critical health and human service supplies

• PMBC COVID-19 Emergency Access and Retooling Grants program will provide $1 million in grants to Michigan small businesses and nonprofits • Immediate funding up to $150,000 will be awarded to qualified manufacturers

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Friday, March 27, 2020

Application process now live for Michigan Small Business Relief Program funding

• Up to $20 million in grants and loans now available to Michigan’s small businesses impacted by COVID-19 outbreak •Program now accepting applications, with key information available at

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Tuesday, March 24, 2020

Pure Michigan Business Connect updates virtual, statewide matchmaking platform for critical COVID-19 response efforts

• Donations of supplies critical to COVID-19 response efforts now also available on platform • Provides health and human services providers and local municipalities with direct access to suppliers of goods and services

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Friday, March 20, 2020

New funding, tools available for Michigan’s small businesses impacted by COVID-19

Small businesses around the state have a growing number of resources available to assist them in recovering from economic losses as a result of the COVID-19 virus.

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