Tag: Michigan small business loans

How Tech Startups Are Succeeding During COVID-19
Funding, Mobility Tech, Tech News

How Tech Startups Are Succeeding During COVID-19

Research labs have been shut down. Small businesses are searching for funding. But it’s not all bad news in the emerging tech hubs of the Midwest. Especially in hard-hit Michigan, the structure is in place to allow some startups to do quite well during challenging times. We went in to a few interviews of Midwest tech companies and startup coaches thinking they would help us pay forward resources to startup founders to get through these hard times. In addition to resources, they had some good news.

Michigan Announces SBA Paycheck Protection Program
Announcements, Funding

Michigan Announces SBA Paycheck Protection Program

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.

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