Michigan Small Business Relief Program

Michigan Small Business Relief Program is sponsored by Michigan Economic Development Corporation (MEDC). This program provides grants to small businesses that have been negatively impacted by the COVID-19 crisis, aiming to alleviate drastic reductions in cash flow and support the workforce. The grants are administered by local economic development organizations across Michigan.

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[](https://www. michigan. gov/leo "Labor and Economic Opportunity") Governor Gretchen Whitmer is committed to ensuring small business not only succeed, but they thrive in Michigan.

## Supporting Michigan's Mainstreet Businesses MEDC’s small business support programs include International Trade, Pure Michigan Business Connect (PMBC), Entrepreneurship & Innovation focused on high-tech startups, and community development small business programs focused on place-based Main Street businesses, as well as support for small businesses through traditional business development incentives and capital access programs.

MEDC also supports small business service providers like the Small Business Development Center (SBDC) and Michigan Manufacturing Technology Center (MMTC). Since January 2021, the MEDC and its partners have supported small businesses over 30,000 times. This includes more than 175 announced Business Development and Capital Access projects projected to create over 5,000 jobs and $1B in private investment.

MEDC launched 23 economic relief programs deploying nearly $240 million in small business relief across all 83 Michigan counties. ### **25,000** Businesses received critical support to keep their doors open and ensure their employees continued to receive a paycheck. ### **200,000** More than 200,000 jobs in the state were retained through these efforts.

### **41%** In total, 41% of COVID-19 small business relief went to geographically disadvantaged areas in the state and 63% went to diverse-owned businesses. more information visit the MEDC'sSmall Business Assistance and Resources. ## Providing Unemployment Resources ### Back to Work Incentive Michigan’s Work Share program allows employers to restart their business and bring employees back from unemployment.

Employers can bring employees back with reduced hours - while employees collect partial unemployment benefits to make up a portion of the lost wages. Employers can also retain their current workforce and are given the flexibility to choose which of their employees are part of a Work Share plan.

### Emergency Financial Assistance Governor Whitmer's actions to expand and extend access to unemployment programs have provided a critical lifeline for 3. 5M Michiganders since March 2020, paying over $40B in benefits.

### Apprenticeship Expansion Creating benefits for employers and career seekers through on-the-job learning focused on new industry sectors and increasing the diversity of participants by recruiting groups historically underrepresented. Federal grants will help Michigan create more than 6,000 new apprentices over the next few years. Michigan.

gov/Apprenticeship ### Tuition-Free Degrees And Certificates By investing $24M in the Futures for Frontliners program, Governor Whitmer launched a new, first in nation scholarship program that resulted in over 120,000 essential, frontline worker applicants on a tuition-free path. Whitmer also launched Michigan Reconnect with a $30M investment to ensure over 4.

1 million Michiganders age 25 or older will have an opportunity to earn a tuition-free associate degree or skills certificate. To date, over 100,000 Michiganders have applied. Michigan has ensured employers had access to traditional job search tools by organizing over 100 free virtual job fairs and connecting over 2,600 employers and 9,900 job seekers.

## Addressing Child Care Needs ### MI Tri-Share Child Care Program One of the biggest barriers for people seeking to rejoin the workforce is the cost of child care — resulting in more and more parents being left out of the work force. MI Tri-Share, an innovative bipartisan program introduced by Gov. Whitmer, was created to change all that.

Through MI Tri-Share, the cost of an employee's child care is shared equally among the employer, the employee and the State of Michigan — a three-way split — with coordination being provided regionally by a MI Tri-Share facilitator hub. With MI Tri-Share, parents can get back to work knowing that their kids are safe, cared for and have the opportunity to succeed. ### Record $1.

4B Investment Governor Whitmer signed a record $1. 4 billion in childcare funding to expand access to high-quality, affordable childcare by: * Strengthening existing childcare programs and opening more childcare businesses across the state. * Delivered $1,000 bonuses to 38,000 childcare professionals and expanded access to affordable college degrees and certificates to boost recruitment.

* Increasing childcare subsidy rates to better align state payments with the cost of providing high quality care.

Michigan Small Business Summit Regional Webinars Video Video 2 ## Michigan Small Business Summit Regional Webinars Michigan Small Business Summit | West Michigan Michigan Small Business Summit | Tribal Michigan Small Business Summit | Southeast Michigan Michigan Small Business Summit | Northern Michigan Michigan Small Business Summit | Mid Michigan Michigan Small Business Summit | Lenders Michigan Small Business Summit | Impact Investing Michigan Small Business Summit | Specific Needs of Micro Michigan Small Business Summit | Second Stage Businesses in the Coming Year * [](https://www.

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com/michiganleo/) * [](https://www. linkedin. com/company/michiganleo) Department of Labor and Economic Opportunity (LEO) provides the connections, expertise and innovative solutions to drive continued business growth, build vibrant communities, create affordable housing, generate tourism and attract and retain key talent to fill Michigan’s vast pipeline of opportunities.

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