LANSING, Mich. — State Sen. Lana Theis on Tuesday alerted businesses in Livingston and Washtenaw counties to a new $409 million Growing MI Business grant program offered by the state Treasury Department to help job providers recover from financial hardship suffered during the pandemic.
“Job providers in our district and throughout the state have suffered significant financial losses because of executive orders issued in response to COVID-19,” said Theis, R-Brighton. “While there is nothing that can be done to turn back the clock and undo the damage that has been done, I am pleased the state is offering businesses an opportunity through the Growing MI Business grant program to get some help to make up for lost sales and earnings. I strongly encourage those who are eligible to submit an application before the end of the month.”
According to the department, eligible businesses include:
- 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, and
- Hotels and bed & breakfast establishments.
Eligible businesses that were in operation on Oct. 1, 2019 may receive a grant equal to a percentage of their loss in total state sales during the pandemic. Those that were not in operation on Oct. 1, 2019, but started before June 1, 2020, may receive a grant equal to 25% of specified costs representing their financial hardship. One caveat Theis noted is that applicants will be required by the state to submit certain financial and tax documents for verification.
Businesses must submit a completed online application no later than 11:59 p.m. EDT on Thursday, March 31. Grant awardees will be notified in the spring, and grant awards will be distributed by July 1, 2022.
For more information about the Growing MI Business grant program and to sign up for a free upcoming webinar, visit michigan.gov/abr.