Grant Application Open: Oakland Together Small Business Recovery FundJuly 14, 2020
Oakland County has opened up the grant application, with a deadline of Aug. 24, 2020, to retail stores, restaurants, salons, gyms, and more.
“We know that many of our small businesses have reopened but the losses they suffered while they were closed or operating at reduced capacity are significant and continue to threaten their viability,” Oakland County Executive David Coulter said in the release. “We want to do all we can to help them recover and continue to provide the goods and services that are so important to our residents.”
Application information can be found below and found at oakgov.com/covid/grants. Qualified businesses must have a physical location in Oakland County, Mich. Additionally, businesses must have 100 employees or fewer and have documented loss of revenue due to shutdowns from the COVID-19 pandemic.
Oakland Together Small Business Recovery Grant
The funds will help retail stores, restaurants, and personal service businesses such as salons and fitness centers that were impacted by the coronavirus pandemic. Eligible businesses have suffered actual or anticipated losses from March 2020 through July 2020 including loss of revenue, operating at a reduced level of production, sales, employment, or service, or were fully closed all operations and are now in the process of reopening.
Learn more about the Michigan Strategic Fund:
Michigan Small Business Restart Grant Program will work with statewide economic development organizations (EDOs) to award grants to qualifying small businesses in need of assistance with payroll, rent, mortgage payments, as well as utilities and other expenses.
Participating EDOs in Southeast Michigan include:
- Flint & Genesee Chamber – $8,045,455
- Ann Arbor Spark – $8,545,455
- Oakland County – $11,045,455
- Macomb County – $7,545,455
- Detroit Economic Growth Corporation – $15,545,450
- Michigan Small Business Restart Grants – FAQ
- Michigan Ag Safety Grants – FAQ
Michigan Strategic Fund Approves $100M Grant Program For Small Businesses’ COVID-19 Recovery
Program applications open Wednesday, July 15 at michiganbusiness.org/restart and close Wednesday, Aug. 5.