Dear Small Business Owners,
I wanted to bring you the latest news on COVID-19 relief for small businesses:
The Michigan Department of Treasury is administering a $409 million business grant relief program designed to help certain Michigan businesses that have experienced a financial hardship due to the COVID-19 pandemic.
Under the Afflicted Business Relief Grant Program, eligible businesses in operation before Oct. 1, 2019, may receive a percentage of their loss in total state sales through a grant. Eligible businesses that began operating between Oct. 1, 2019, and June 1, 2020, may receive a grant equal to 25% of certain specified costs.
Depending upon the number of businesses that apply, the grants may be prorated to ensure that all eligible businesses can receive funding.
The application will become available at 8 a.m. EST on Tuesday, March 1, at www.michigan.gov/abr.
Click here to learn more.
Rep. Karen Whitsett