Government Grant

Just opened March 1, 2022 Eligible BusinessesIn order to be eligible to apply for business resources you must be one of the followingbusiness types listed below and not tax exempt, and not a government entity. Entertainment venues (includes the following): AuditoriumArenaBanquet HallCinemaConcert HallConference CenterPerfomrance VenueSporting VenueStadiumTheater Recreation Facility or Public Place of Amusement (includes the following): Amusement parkArcadeBingo hallBowling aleyCasinoNightclubSkating rinkWater parkTrampoline parkCosmetology or Barber Service*Exercice Facility/Gym*Food Service Establishment*Nursery Dealer or Grower*Athletic Trainer*Body Art Facility*Hotel or Bed & Breakfast* *Detailed definitions related to all eligible business categories and additional eligibility requirements canbe found at www.michigan.gov/abr Information RequirementsBusinesses will need to…

What is a 7(a) loan?  The 7(a) Loan Program, SBA’s most common loan program, includes financial help for small businesses with special requirements. This is the best option when real estate is part of a business purchase, but it can also be used for:  Short- and long-term working capital Refinance current business debt Purchase furniture, fixtures, and supplies  The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors are based on what the business does to receive its income, its credit history, and where the business operates. Your lender will help you figure out which type of loan is…

STEP provides financial awards to state and territory governments to assist small businesses with export development. Information for small businesses The STEP grant program has helped thousands of small businesses obtain grants and find customers in the international marketplace since 2011. Through awards to U.S. states and territories, STEP helps small businesses overcome obstacles to exporting by providing grants to cover costs associated with entering and expanding into international markets.   STEP financial support helps U.S. small businesses: Learn to exportParticipate in foreign trade missionsDesign international marketing products and campaignsSupport website globalization and e-commerce capabilitiesPay for subscriptions to services provided by the U.S.…