Michigan offers a variety of programs to support job creation, workforce training, and business growth. Programs like the Michigan Business Development Program and Going PRO Talent Fund provide essential resources to help businesses expand and enhance their workforce skills.
Michigan Business Development Program
- Purpose: Provides grants, loans, and other economic assistance to businesses.
- Eligibility: Businesses creating jobs and making capital investments in Michigan.
- Benefit: Grants, loans, or other economic assistance based on job creation and investment levels.
- Application: Through the Michigan Economic Development Corporation (MEDC).
- More info: Focuses on businesses needing additional assistance for deal-closing and second-stage gap financing.
Going PRO Talent Fund
- Purpose: Supports employer-responsive training that enhances talent, productivity, and employment retention.
- Eligibility: Michigan employers needing to train new and current employees.
- Benefit: Grants for short-term training to enhance employee skills and wages.
- Application: Through Michigan Works! Agencies.
- More info: Prioritizes high-demand, high-skill occupations.
Michigan Small Business Development Center (SBDC)
- Purpose: Provides free business consulting and affordable training services.
- Eligibility: Small businesses and entrepreneurs in Michigan.
- Benefit: Access to business advisors, training programs, and resources.
- Application: Through local SBDC offices.
- More info: Offers assistance with business planning, accessing capital, and operational improvements.
Michigan Workforce Development Programs
- Purpose: Offers a variety of workforce development initiatives.
- Eligibility: Varies by specific program, including services for job seekers and employers.
- Benefit: Access to training programs, career services, and potential funding for eligible individuals and businesses.
- Application: Through Michigan Works! Agencies.
- More info: Aims to improve workforce quality and meet business talent needs.
Pure Michigan Business Connect
- Purpose: Connects Michigan businesses with growth opportunities.
- Eligibility: Michigan-based businesses.
- Benefit: Access to procurement opportunities, supplier summits, and business-to-business networking.
- Application: Through the Michigan Economic Development Corporation (MEDC).
- More info: Strengthens Michigan's supply chain and increases business-to-business activity in the state.
List of small business grants