Help for Businesses and Non-Profits
We understand the large reaching impact the COVID-19 pandemic is having on our many small businesses and non-profits. As federal and state resources become available, know that we will work to communicate them to you.
Below are valuable resources that offer help to those impacted.
SBA Coronavirus Relief Options
In addition to the Paycheck Protection Program (PPP) and traditional SBA funding programs, the CARES Act and subsequent legislation established several new temporary programs to address the COVID-19 outbreak
These programs are:
- COVID-19 EIDL – This loan provides economic relief to small businesses and non-profit organizations that are currently experiencing a temporary loss of revenue.
- SVO Grant Program – The Shuttered Venue Operators Grant Program provides emergency assistance for eligible venues.
To learn more about these programs, vist the SBA’s Coronavirus relief site linked below.
Michigan Economic Development Corporation
Michigan’s small businesses negatively impacted by the COVID-19 virus can now apply for the Michigan Small Business Relief Program. The program will provide grants and loans to provide economic assistance to Michigan’s small businesses. Grants will be administered by local and nonprofit economic development organizations (EDOs) around Michigan.
West Michigan COVID-19 Coalition
Leaders from Experience Grand Rapids, the Grand Rapids Chamber and The Right Place, Inc. convened the coalition aimed at making critical information more accessible to all area businesses and their employees. This website includes information on:
- Best Practices
- Business Continuity
- Organizations that can help
- Employee Resources