Latest News & Blogs
SBA loans now available for small businesses impacted by COVID-19
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.
Michigan Strategic Fund votes in favor of economic relief program for small businesses, up to $20 million in grants and loans
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.
Work Share program provides an option for employers looking to avoid layoffs during COVID-19 crisis
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 a reduced number of hours in the work week and receive a portion of weekly unemployment benefits.
MICHauto adds new senior director to provide additional support amid COVID-19 challenges
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 support operations, fundraising, and strategic partnerships.
Pure Michigan Business Connect launches statewide platform to connect buyers and suppliers of critical items
Pure Michigan Business Connect (PMBC) has launched a virtual procurement assistance tool to assist in sourcing health and human service supply needs amid the COVID-19 outbreak.
Governor Whitmer signs executive order temporarily authorizing remote public meetings
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.
Governor Whitmer signs executive order expanding child care access during COVID-19
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.
Grand Rapids Chamber begins hosting conference calls to answer questions from businesses
The Grand Rapids Chamber has begun hosting regular conference calls to address questions that are top-of-mind for its members.
Michigan Department of Treasury announces update on small business taxes
Today, the Michigan Department of Treasury announced that small businesses that have experienced disrupted operations due to the COVID-19 pandemic now have additional time to make their sales, use and withholding tax monthly payment.
Michigan SBDC hosts free webinars to guide business owners amid COVID-19
The Michigan Small Business Development Center (SBDC) has created a database of resources for businesses looking for guidance and support amid the COVID-19 crisis. The following is a list of upcoming webinars the SBDC will be hosting for Michigan business owners, free of charge.