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Are awards granted based on order of application submission?
No, awards are determined based on eligibility and criteria calculation as defined in Public Act 132 of 2021. Applications may only be submitted from March 1st to March 31st of 2022. Late submissions will not be accepted or considered. If total grant awards exceeds $409 million, the individual awards will be prorated to ensure all eligible businesses who qualify will receive funding.
What is the timeline for the Growing MI Business grant program?
The application portal on the website: www.michigan.gov/abr will be open on March 1, 2022, at 8:00 a.m. EST and will close at 11:59 p.m. EST on March 31, 2022.
Applications will be reviewed and awards determined, including the potential proration of the awards starting April 1, 2022.
All awards must be made by July 1, 2022.