Michigan Economic Development Corporation issued the following announcement on
More than 100 small businesses around Michigan will utilize the MI Local Biz crowdfunding program in June, supported by $500,000 in matching grants provided by the MEDC to help Michigan businesses recover from the economic impacts of COVID-19.
“Michigan’s small businesses and traditional downtowns are a vital part of the state’s economy, and this program offers innovative access to capital for those businesses currently experiencing a loss in revenue directly related to the COVID-19 crisis,” said MEDC CEO Mark A. Burton. “Helping our local businesses to successfully reopen lays a path for economic recovery in communities across the state, while offering patrons an opportunity to support businesses in a time of need.”
Original source can be found here.
Source: Michigan Economic Development Corporation
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