Last Updated Saturday 4/1/20

West Michigan Resources for Small Businesses Impacted by COVID

GROW continues to gather resources here to help you keep your business operating and stay afloat in these uncertain times. We’ll keep this page updated to add more vetted resources for you to reference, often multiple times a day. As financial assistance with loans, grants and other programs are released, you will find it all in one place here. There is a lot of activity to support Small Businesses, which means a lot of things are changing quickly. Our staff continues to work remotely supporting GROW clients and other small business owners to navigate all of these resources. Please contact us for assistance in identifying which options may be best for your business and your unique situation – simply use the form at the bottom of this page.

 


Financial Resources to Small Businesses

Economic Injury Disaster Loan

The U.S. Small Business Administration (SBA) has designated COVID-19 as a qualifying event for the provision of Economic Injury Disaster Loans (EIDL) for businesses and private non-profits in declared zones. All information below can also be found here on a page we created just for the EIDL

 

Michigan Small Business Relief Grant

The Michigan Small Business Relief Grant provides up to $10 million in grant funding to one or more local economic development organizations or nonprofit economic development organizations to provide grants up to $10,000 to support certain small businesses statewide that have realized a significant financial hardship as a result of the COVID-19 outbreak. The amount per lead local economic development partner will be determined based on potential impact per region.

Locally, The Right Place has been awarded $1,000,000 in grant funds to utilize in Region 4.

Details are on The Right Place’s website here.  Which includes eligibility information and more.

Download application instructions here.

 

The Senate CARES Bill: Helping Small Business

Senate Republicans and Democrats have unveiled legislation to provide emergency relief to workers, families, small businesses, and distressed industries. The full package is big, targeted, and will make a difference. Here are the small business details.

Key points:

  • A strong “paycheck protection” program means small businesses have an incentive to keep employees on payroll.
  • The bill also offers extensive debt relief
  • The Small Business Administration is also required to enact these programs with regulations no later than 15 days after the Act is signed into law.

More information is available here. GROW anticipates a formal announcement from the US Small Business Administration by Monday. Look for more information coming soon.


WEBINARS

We will continue to add new webinars and trainings here. Many resources offer these on-demand if you missed the live webinar/call. Those are linked below, too!

Clark Hill: COVID-19: Updated Guidance on Families First Coronavirus Response Act and CARES Act Debrief

  • On-Demand | Details  HERE
COMPASS Consulting Webinar- All Stressed out and No Place to Go: 
  • Click HERE to view the presentation
SBDC: COVID-19 Conversations
  • Friday Forum: Friday’s at 2:00 p.m. Click HERE to register
  • Human Resources: On-Demand – Click HERE
  • A 3-Step Approach to Intentional Social Media Marketing: Thursday, April 2, 1:00 p.m. Click HERE to register
  • Managing the Cash Flow Crunch – Click HERE to watch
Start Garden Webinars
  •  Emprendedorx: Friday’s, 2:00 p.m.
    • Live discussion on entrepreneurship for the Hispanic Community)
    • *All discussions will be in Spanish (Full but follow along for other events)
    • Click HERE to follow on Eventbrite
  • Whiskey & Whine: Wednesday, April 1, 7:00 p.m.
    • Virtual Happy Hour to process all that’s been going on with COVID-19
    • Click HERE to register
  • The Juice w/ Laurie Supinski: Thursday, April 2, 10:00 a.m.
    • Virtual fireside chat with a variety of special guests and local business owners
    • Click HERE to register
  • See more Start Garden webinars HERE

Michigan Good Food Fund Webinars

  • Looking at Cashflow During Novel Coronavirus: Friday, April 3 at 1:00 p.m.
  • Click HERE to register

Michigan West Coast Chamber of Commerce

  • Coronavirus Aid, Relief and Economic Security Act: Friday, April 3 at 11:00 a.m.
  • Click HERE to register

Additional Resources (Click links to learn more)

Organizational Resources

SBDC: Supporting Your Small Business During COVID-19

SBA.gov: COVID-19: Small Business Guidance and Loan Resources

Michigan Retailers Association

US Chamber of Commerce Foundation: Guidance for Employers & Small Businesses

US Chamber Emergency Loan Small Business Guide & Checklist (PDF)

Department of Labor: OSHA Resources for Workers and Employers on COVID-19

Navigating COVID-19: Small Business Policy & Legislative Resource Guide

Taxes & Accounting

IRS Videos: Business Disaster Information

Intuit: COVID-19 Tax Info Center (tracking changed filing dates)

 

Toolkits

Michigan Chamber of Commerce: Coronavirus Toolkit

         Michigan West Coast Chamber of Commerce: Coronavirus Toolkit

Grand Rapids Chamber Coronavirus Toolkit

Google: Resources to help your small business manage through uncertainty

West Michigan Community

Michigan Good Food Fund: Michigan Food Business COVID-19 Resources

Grand Rapids Chamber Coronavirus Toolkit

Support Area Restaurants (Experience GR)

West Michigan COVID Coalition

Health Organizations Guidance for Employers

World Health Organization: Coronavirus Situation Reports

Centers for Disease Control and Prevention: Interim Guidance for Businesses and Employers

 


How Can We Help?

Reach out to us using our contact form or email us at info2@growbusiness.org