IRON MOUNTAIN, Mich. (WLUC) -Michigan small businesses have an opportunity to receive new CARES Act funding. The Pure Michigan Small Business Relief Initiative will provide $10 million in grants from federal money to help businesses impacted by COVID-19.
Grants will be awarded up to $15,000 per eligible business on a “first-in” basis. The money can be uses toward payroll expenses, rent or mortgage payments.
“We encourage businesses to take a look at it now and be prepared to apply on December 15th, if they do meet the eligibility criteria,” said Lois Ellis, the Dickinson Area Economic Development Alliance executive director.
A list of the criteria can be found here.
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December 07, 2020 at 10:33PM
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Pure Michigan Small Business Relief Initiative to give CARES Act funding to small businesses - WLUC
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