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MEDC Small Business Restart Program

IMPORTANT UPDATE (August 6, 2020): Applications for the second round of funding through the Small Business Restart Program are closed as of 11:59 PM on August 5, 2020.

The Right Place will be distributing $9,545,455 of the Michigan Economic Development Corporation (MEDC) Small Business Restart Program funds to West Michigan businesses in Barry, Ionia, Kent, Lake, Mason, Mecosta, Montcalm, Muskegon, Newaygo, Oceana and Osceola counties.

Each county will have the opportunity to assemble a local county review committee for relief applications. The size of the committees will vary and may be composed of both public and private economic development partners. Collaborative partners may include but are not limited to local economic development organizations, municipalities, counties, Downtown Development Authorities, chambers of commerce, minority associations and chambers, local banks and finance professionals, and community foundations.

A list of scoring criteria for the application selection process can be found here.

GRANT TIMELINE:

  • Application selection by 8/30/2020
  • Notification to Awardees begin 9/1/2020 and completed by 9/30/2020
  • Disbursement of awards begin 9/1/2020 and completed by 12/30/2020 (at the latest)

The MEDC will announce the awardees no later than September 30, 2020


Grant Information

In an effort to continue to support small businesses, the Michigan Small Business Restart Program will provide funding to local economic development organizations (EDOs) who will provide grants to eligible small businesses that have been negatively impacted by COVID-19 and need working capital to support payroll expenses, rent, mortgage payments, utility expenses or other similar expenses.

Grant Eligibility

Businesses and nonprofits with 50 or fewer employees, worldwide, located in Michigan. Businesses must also demonstrate the following:

  • Part of an industry or nonprofit that can demonstrate it has been impacted by the COVID-19 emergency
  • Needs working capital to support payroll expenses, rent, mortgage payments, utility expenses or other similar expenses
  • Demonstrates an income loss as result of the COVID-19 emergency as determined by the Michigan Strategic Fund (MSF).

Additionally, at least 30 percent of the funds awarded under this program will be provided to women-owned, minority-owned or veteran-owned eligible businesses. The MEDC anticipates that more than 5,000 businesses across the state will benefit from this program.

Application Process

Applications for the Michigan Small Business Restart Program through the Michigan Economic Development Corporation (MEDC) were open from July 15, 2020 through August 5, 2020. Applicants could apply for up to $20,000 in grant funds. Every business was required to apply through the statewide portal, regardless of prior grant applications submitted.


Contacts by County


Kent County Application Review Committee:

  • Guillermo Cisneros, West Michigan Hispanic Chamber of Commerce (WMHCC), Co-Chair
  • Richard App, Grand Rapids Chamber
  • Steve Assarian, Grand Rapids Public Library
  • Tim Doyle, Macatawa Bank
  • Ana Jose, West Michigan Hispanic Chamber of Commerce (WMHCC)
  • Bob Wolford, Miller Johnson
  • Jamiel Robinson, Grand Rapids Area Black Businesses, Co-Chair
  • Angela Nelson, Experience Grand Rapids,
  • Kyama Kitavi, Downtown Grand Rapids, Inc.
  • Ryan Engle, Veteran Representative
  • Brent Case, The Right Place, Inc.
  • Tim Mroz, The Right Place, Inc.

Please continue to check this page for the most up-to-date information. Updates will also be posted across all social media channels.

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Twitter: @TheRightPlaceGR