Whitmer Launches $409 Million Business Grant Program

Governor Gretchen Whitmer today announced applications are now being accepted through Thursday, March 31 for the new Growing MI Business grant program, which was signed into law at the end of last year to deliver $409 million in additional support to businesses across the state.

“My number one goal is to put Michigan first, and that means making sure Michigan businesses have the resources they need to build on our economic momentum,” said Governor Gretchen Whitmer. “Over the last year, my administration has worked hard to add 220,000 jobs and help businesses bounce back. The Growing MI Business Grant Program will make a difference for Michigan’s business owners and communities across our state. I will continue supporting Michigan’s resilient, innovative businesses as they work to expand operations and create more jobs.”

Under the Growing MI Business grant program, eligible businesses in operation before October 1, 2019, may receive a grant up to $5 million due to financial hardship. Eligible businesses that began operating between October 1, 2019, and May 31, 2020, may receive a grant equal to 25% of certain specified costs.

Effective today, individuals can apply for business resources online at www.michigan.gov/abr.

Each business must submit a completed online application to the Michigan Department of Treasury no later than 11:59 p.m. EST Thursday, March 31. Grant awardees will be notified in the spring and grant awards will be distributed by July 1, 2022.

Businesses interested in applying for a grant are encouraged to attend an information webinar from 1-2 p.m. EST on Monday, March 7. Details for signing up for the webinar can be found on the grant program’s website.

“Businesses thinking about applying are strongly encouraged to sign up for our March 7 webinar,” said State Treasurer Rachael Eubanks. “It will be a great opportunity to learn about the details of the program and ask questions. It is critical for businesses to submit a correct application to avoid processing delays or exclusion from the program.”