Grant Program Begins Accepting Applications

Liz Gullett

Mar 04, 2022

The Growing MI Business grant program, which was signed into law at the end of 2021, is now accepting applications. The $409 million program delivers grants of up to $5 million for businesses in operation before October 1, 2019, that are facing financial hardship. Businesses that began operating between October 1, 2019, and May 31, 2020, may receive a grant equal to 25% of certain specified costs. A business must submit a completed online application the Department of Treasury no later than 11:59 p.m. EST Thursday, March 31. Grant awardees will be notified in the spring and grant awards will be distributed by July 1, 2022.

Under state law, there are nine types of businesses eligible for a grant:

- Entertainment venues
- Recreational facilities and public places of amusement
- Barbers and cosmetologists
- Exercise facilities
- Food service establishments
- Nursery dealers and growers
- Athletic trainers
- Body art facilities
- Hotels and bed and breakfast establishments

For more information, please visit www.michigan.gov/abr.

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