*Updated 3.19.2020 Governor Gretchen Whitmer announced today the U.S. Small Business Administration (SBA) has approved her request for a statewide Economic Injury Disaster Loan (EIDL) declaration, opening the opportunity to small businesses to access low-interest loans from the SBA. The[...]
On March 19, 2020, the Michigan Strategic Fund (MSF) unanimously voted to approve a $20 million economic relief program intended to provide financial relief to small businesses struggling in the wake of the COVID-19 crisis. The Michigan Small Business Relief Program authorizes the[...]
During a time of unknowns, both banks and businesses are having to adjust their strategies and approaches to financial matters to accommodate for the drastic and unexpected disruptions to daily operations. Below are a few recommendations for both banks and[...]
From the Unemployment Insurance Agency (UIA): Work Share is a program that permits employers to maintain operational productivity during declines in regular business activity instead of laying off workers. With the plan, rather than being laid off, eligible employees work[...]
MICHauto recently announced the addition of Carolyn Sauer to its team. Sauer will serve as senior director and promote MICHauto’s mission centered on advocacy, talent, convening, and next-generation mobility. She will also manage stakeholders and events, as well as s[...]
On March 18, 2020 Governor Gretchen Whitmer signed Executive Order 2020-16 to expand the capacity for child care services for health care workers, first responders, and other members of the essential workforce providing critical infrastructure to Michiganders during the coronavirus (COVID-19) crisis.[...]
In the face of the global coronavirus (COVID-19) pandemic, DTE is taking the following measures to help ensure every one of its customers has energy during this time: Shutoff Policies Shutoffs for non-payment will be suspended for low income customers (200%[...]
On March 18, 2020, Governor Gretchen Whitmer signed Executive Order 2020-15 to order a temporary change to the Open Meetings Act to allow public bodies to conduct their meetings electronically, while also facilitating public participation, until April 15, 2020 at 11:59PM. Under Executive Order 202[...]
