The Whitmer Administration has announced that businesses across Michigan are now able to apply for $349 billion in Paycheck Protection Program forgivable loans through the U.S. Small Business Administration. Lt. Governor Garlin Gilchrist II was joined by former Lt. Governor, and current president of the Small Business Association of Michigan (SBAM) Brian Calley and Bob Doyle, president and CEO of the Michigan Association of CPAs, in launching a new statewide website, MIpaycheckprotection.com, to provide businesses with key resources to assist with the PPP application and loan process and ensure the greatest amount of federal funding is able to be used by small businesses for economic relief efforts throughout the state.
“A lot of people want to help manufacture PPE protective gear but don’t know how to get started,” says Jeff Trevorrow, CEO of Columbus Advanced Manufacturing Systems in Ohio. CAMS is partnering with its customer, fitness equipment manufacturer Rogue Fitness, in rapid production of Personal Protective Equipment that is reusable for front-line responders in the fight against the COVID-19 pandemic. “Rogue Fitness’s CEO saw this need coming several weeks ago and ordered 5 extra 3D printers,” Trevorrow tells us, “which is about $360,000 of equipment plus hard tooling to make molds, and they’re giving [the gear] away for free. They organized this, and we jumped in.”
Manufacturers across the Midwest are rushing at historic speeds to create protective gear, ventilator components, and other hospital gear for front-line healthcare workers saving lives in the coronavirus outbreak, which in Michigan is now increasing in confirmed cases by up to 1,500 cases per day. Susan Carlock is a former ER nurse, so when her stamping and component manufacturing company Mursix Corporation in Yorktown, Indiana, heard about the urgent need for PPE, ventilators, and other medical supplies at Michigan hospitals, she sprang into action. Carlock is now VP of Business Development at Mursix, and like many others around the Great Lakes manufacturing belt, she knows the importance of moving quickly to retool a production line normally used to produce parts for the automotive industry to creating face shields, ventilator parts, and hospital bed components. It can’t happen overnight, especially at a time when smaller manufacturers are fighting against urgent conditions and a shortage of materials being scooped up by larger companies. Mursix began speaking with Beaumont Health System in Detroit, and soon they had arrangements to create components for a number of hospital supplies so desperately needed in the fight against COVID-19.
If you’re a tech founder or a tech worker who has navigated a tough set of decisions in your career, you know the scenario: maybe you have to find a new job under less than ideal circumstances. Maybe your business is gaining traction, but you’ve lost yourself in the hectic grind of making it happen for yourself and your employees and now you’re worried about a new set of hurdles to keeping your business running. Wellness coaching and business coaching are a support in times like these to tech founders all over the globe, and nowhere more than in places like Ann Arbor, which is home to a wide variety of coaches and wellness professionals. What do they wish you knew? That they’re here for the hard times and the early days of starting a business, not just a luxury for the more affluent. This is because business and wellness coaching is a support that saves individuals and founders the very practical resource of time–and therefore a lot of runway. That isn’t to say that coaching is something everyone can afford, but it can be a lifesaver in more ways than one.
Lansing Region LEAP Emergency Small Business Relief Grant Applications Now Open To Mid-Michigan Businesses
LANSING, Mich. (Mar. 26, 2020) – Yesterday, the Lansing Economic Area Partnership (LEAP) successfully secured $600,000 from the MEDC’s Small Business Relief Program to issue 60 $10,000 grants to small businesses across Clinton, Eaton and Ingham counties that are suffering financial hardship as a result of the COVID-19 pandemic.
Michigan’s small businesses impacted by the COVID-19 virus can now apply for grants and loans through the Michigan Small Business Relief Program. The program will provide up to $20 million in grants and loans to provide economic assistance to Michigan’s small businesses that have been negatively impacted by the COVID-19 virus, and in turn help support workers and their families facing economic uncertainty during the outbreak. Information on how to apply, as well as eligibility criteria, is available at www.michiganbusiness.org/covid19.
Our new online tech events page is live and being updated on a rolling basis as many tech communities in Ann Arbor-Detroit and the greater Great Lakes region move online in the coming weeks. Many events have been cancelled temporarily, but this is a great opportunity to attend events that were previously limited to local audiences now open to anyone online. Many are free. We hope you are staying safe and still able to work through these difficult times. Be well.
Small businesses in Washtenaw County have another option to help bridge the coronavirus crisis: Ann Arbor SPARK has just announced the new Washtenaw Small Business Resiliency Fund. We spoke with SPARK Chief of Staff Phil Santer to get the details on this new financing option to help struggling businesses in the Ann Arbor area and surrounding regions.
Happy New Year, everyone! We are excited to kick off this new year with expanding interviews and test drives with the coolest new tech coming out of Michigan, but we need your help. Cronicle Press Tech News is supported through sponsorships of various kinds, and now you can become an individual or corporate Patron as well to help fund the work we are doing to cover the historic growth of tech in the Great Lakes area.
You live in Ann Arbor or maybe you just work here. From the chatter on the street or in the restaurants, you know thousands of people here work in technology. Walking from Main St. to State St., it’s hard to not notice a tech t-shirt, banter about code, signs on offices with made up words. Whether they’re startups or billion dollar businesses with offices here, tech is all over Ann Arbor today and they’re all hiring. There is so much happening, where can we all find out about what’s going on where?