LANSING, Mich. — State Sen. Curt VanderWall on Thursday encouraged eligible businesses across the 35th Senate District and the rest of Northern Michigan to apply to the state’s new $409 million Growing MI Business grant program before the March 31 deadline.
“The pandemic and the administration’s response forced many businesses and job providers into difficult situations they couldn’t have imagined before,” said VanderWall, R-Ludington. “While we cannot go back in time and undo what has been done, this program will help eligible businesses make up for some of their lost sales and earnings. I encourage every business owner who is able, to submit their Growing MI Business grant application before the end of the month.”
Made possible through the passage of Senate Bill 85, the Growing MI Business grant program was is being administered by the Michigan Department of Treasury and will utilize a portion of the state’s federal relief funds to help job providers recover from financial hardship suffered during the pandemic.
Under this program, eligible businesses in operation before Oct. 1, 2019, may receive a percentage of their loss in total state sales and eligible businesses that started operating between Oct. 1, 2019, and June 1, 2020, may receive a grant equal to 25% of certain specified costs.
According to the department, eligible businesses include entertainment venues, recreational facilities and public places of amusement, barbers and cosmetologists, exercise facilities, food service establishments, nursery dealers and growers, athletic trainers, tattoo parlors, hotels, and bed and breakfast establishments.
Businesses must submit a completed online application no later than 11:59 p.m. EDT on Thursday, March 31, 2022. For more information about the Growing MI Business grant program and to sign up for a free upcoming webinar, visit Michigan.gov/abr.