MEDC Press Releases

Friday, December 11, 2020

Application for Pure Michigan Small Business Relief Initiative grants goes live on Dec. 15

• $10 million available to support small businesses disproportionally impacted by COVID-19 crisis, recent DHHS epidemic orders • Application live on www.michiganbusiness.org/relief beginning Dec. 15 at 9 a.m. EST with applications reviewed on a “first-in” basis • Small businesses encouraged to review materials, including application questions and tutorial, before applying • Michigan Municipal League Foundation to serve as statewide grant administrator

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Wednesday, December 9, 2020

U.S. Small Business Administration Provides Relief for Eligible Michigan Businesses Impacted by Excessive Rain and Flooding

Loans provided to help those needing assistance due to severe weather in their region

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Wednesday, December 9, 2020

Crowdfunding campaign launched for “Light Up the Night” in Downtown Lansing

$30,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Tuesday, December 8, 2020

MSF approves support for manufacturing, workforce training and local vitality to drive Michigan’s economic recovery into the new year

• Redevelopment of former Cadillac Stamping Plant property in Detroit to create additional manufacturing growth opportunities • Support approved for new carpenters training center, workforce opportunities in Detroit • Community development project in Port Huron bringing new opportunities for economic growth • Updated guidelines for Michigan Business Development Program put MEDC strategic plan into action

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Tuesday, December 8, 2020

Michigan’s Leadership in Manufacturing Extended Through Statewide Industry 4.0 Initiative

• Multi-pronged effort to support and encourage adoption of Industry 4.0 technologies by Michigan’s small- to medium-sized manufacturers • MEDC to partner with Automation Alley and Michigan Manufacturing Technology Center on goal of getting 6,200 businesses ready to adopt Industry 4.0 technologies by 2025 • RFP to be issued for up to $2 million grant program to support regional Industry 4.0 readiness initiatives • New campaign will target manufacturing companies to generate awareness of Industry 4.0 opportunities, resources

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Monday, December 7, 2020

Startups Receive Funding to Develop Next-Gen Mobility Solutions at Michigan’s World-Class Proving Grounds

Great Lakes Drone Company and RAVE Cave to develop new drone technologies for farms and cities in Northern Michigan; P3 Mobility to test software for driver monitoring in Ann Arbor

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Friday, December 4, 2020

THIS JUST IN: Michigan Startups Receive $425,000 Through National Entrepreneur Elevator Pitch Competition

MEDC continues to drive entrepreneurial spirit through Entrepreneurship & Innovation initiatives

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Tuesday, December 1, 2020

Crowdfunding campaign launched for Chandler Park Skatepark in Detroit

$50,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Monday, November 30, 2020

Pure Michigan Small Business Relief Initiative to provide $10 million in grants for COVID-19 recovery efforts

• Michigan Strategic Fund authorizes relief program to expected support small businesses disproportionally impacted by COVID-19 crisis • MEDC seeking grant administrators to ensure statewide coverage; applications for administrators due Dec. 2 • Eligible small businesses able to apply for grants starting on Dec. 15 at www.michiganbusiness.org/relief

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Tuesday, November 24, 2020

Gov. Whitmer Joins Small Business Owners to Discuss Innovation, Resilience during COVID-19

• Governor met with recipients of the Michigan Entrepreneur Resilience Fund, administered by Michigan Women Forward with support from MEDC and others • $1.5 million fund helped more than 300 small businesses survive the outbreak through recovery efforts, with 73% of businesses representing geographically disadvantaged areas • Fund is part of MEDC’s support for more than 18,500 businesses since March, helping retain nearly 147,000 jobs across Michigan

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