LANSING, Mich. (AP) — Michigan has opened a one-month window during which companies harm by the COVID-19 pandemic can apply on-line for state grants, Gov. Gretchen Whitmer introduced Tuesday.
The $409 million in funding was signed in regulation late final yr.
Eligible companies in operation earlier than October 2019 can get a grant based mostly on a “monetary hardship” calculation, as much as $5 million. Those who started working between October 2019 and the tip of Could 2020 can obtain a grant equal to 25% of sure specified prices.
The help could also be prorated relying on what number of companies apply to make sure all of them get one thing.
The appliance interval closes March 31. Awardees might be notified within the spring and get their award by July 1.
State Treasurer Rachael Eubanks inspired companies fascinated about making use of to enroll in a webinar scheduled for subsequent Monday.
Eligible companies embrace leisure venues, leisure amenities and public locations of amusement, barbers and cosmetologists, train amenities, meals service institutions, nursery sellers and growers, athletic trainers, tattoo parlors, and lodges and bed-and-breakfasts.
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