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Whitmer Reminds Businesses to Apply for Growing MI Business Grant
March 28, 2022
FOR IMMEDIATE RELEASE
March 28, 2022
Gov. Whitmer Reminds Businesses to Apply for Growing MI Business Grant by 3/31
Businesses impacted by pandemic eligible for grants to fill open positions, expand operations
LANSING, Mich. – Today, Governor Gretchen Whitmer reminded Michigan businesses that the deadline for the Growing MI Business Grant is Thursday, March 31. The Growing MI Business grant program is a program set up by the State of Michigan to distribute up to $409 Million of its American Rescue Plan Act to businesses impacted by the pandemic that meet certain criteria. The application can be found here.
“As we continue growing our economy, I urge businesses to apply for the Growing MI Business Grant Program so they can get the support they need to thrive," said Governor Gretchen Whitmer. "The deadline to apply for these grants, up to $5 million per business, is this Thursday, March 31. We will continue working together to deliver real relief for business owners as they create jobs for Michiganders and economic prosperity for their communities."
“If you think you may be eligible for a grant, please check out our website,” said State Treasurer Rachael Eubanks. “We have staff ready to answer your questions about the application process. Please don’t hesitate to contact us by phone or email. We are standing by and ready to help.”
“SBAM is committed to supporting Michigan small business owners and ensuring they have the resources they need to succeed,” said Brian Calley, President of Small Business Association of Michigan. “The Growing MI Business grants will help small business owners pay bills, keep the lights on, and continue improving their communities. We are grateful Governor Whitmer and the Michigan legislature came together to get this done, and we encourage every eligible business owner to apply before the deadline.”
Under the Growing MI Business Grant Program, eligible businesses in operation before October 1, 2019, may receive a grant up to $5 million to hire additional staff to fill open positions, renovate or expand their business, or improve operations. Eligible businesses that began operating between October 1, 2019, and May 31, 2020, may receive a grant equal to 25% of certain specified costs. Information on grant award amounts and criteria can be found on the Growing MI Business Grant program website
Under state law, there are nine types of businesses eligible 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 & breakfast establishments
Each business must submit a completed online application to the Michigan Department of Treasury no later than 11:59 p.m. EDT Thursday, March 31. Grant awardees will be notified in early summer and grant awards will be distributed by July 1, 2022. Individuals can apply for business resources online at www.michigan.gov/abr.
Additional information about the Growing MI Business Grant Program – including frequently asked questions, fact sheets and previously recorded webinars – can be found on www.michigan.gov/abr. Individuals with questions about this grant program should email or call 1-866-507-8462.
Getting Things Done
Since taking office, Governor Whitmer has delivered $420 million in relief to small businesses and launched 23 economic relief programs, supporting over 25,000 companies across all 83 Michigan and retaining over 200,000 jobs through COVID-19. In December 2021, she cut personal property taxes for small business owners and empowered Michigan to compete for economic development projects that invest billions in communities and create thousands of jobs, including GM’s $7 billion investment that will create 4,000 good-paying jobs, for a total of 20,000 auto jobs added since she took office. Governor Whitmer remains dedicated to helping small businesses navigate existing programs and access services available to them to continue growing Michigan’s economy.