Marquette and Houghton companies secure $25,000 state grants

The Michigan Economic Development Corporation (MEDC) today announced that 19 communities around Michigan have received a total of $491,834 in grants aimed at helping local small businesses build resilience and strengthen downtowns.

“Michigan’s unique downtowns are at the heart of our communities, and with today’s Match on Main grants, we’re helping small businesses on both peninsulas by investing in vibrant shopping districts for people to visit, shopping and dining, attracting more talent and new investment. ,” mentioned Governor Whitmer. “These grants will help our cities and towns continue to grow and prosper, building on our continued economic momentum. Currently, Michigan’s unemployment rate is 4.4% and we’ve had 11 straight months of job growth, adding 174,000 jobs year-over-year in March. We will keep our foot on the accelerator to grow our economy, create more jobs and invest in small businesses.

MEDC’s Match on Main (MoM) program provides funding to communities that participate as a Select and Main level community in the Michigan Main Street program or are a certified community ready for redevelopment. The communities, which receive the MEDC grants, in turn award grants of up to $25,000 to eligible businesses that apply for assistance.

The grants are expected to create or maintain 135 full-time jobs, and the projects are expected to generate a total private investment of more than $2.9 million.

“Thriving small businesses are the cornerstone of what makes downtown Michigan unique and authentic while helping to create economic opportunity across the state,” said Michele Wildman, MEDC Senior Vice President of Community Development. “With support from the Match on Main program, we can help local businesses grow and create jobs, while further developing vibrant and engaging places where people want to live, work, visit and play.”

Grants may be used by the business for eligible expenses that support technical assistance, interior building renovations, permanent or semi-permanent activation of outdoor space, permanent or semi-permanent related business infrastructure COVID-19 recovery efforts and other working capital needs. such as marketing needs and inventory expenses. Additional needs identified by the company and supported by the local community are also considered.

The Traverse City Downtown Development Authority will use its $25,000 to support Northern Blooms Montessori, a community-centered early childhood program committed to providing a quality Montessori environment built on an equity-focused financial structure.

The Match on Main (MoM) grant will help the team at Northern Blooms complete the design and construction of their two classrooms to create the unique Montessori environment needed to launch a new curriculum focused on infants and toddlers. toddlers.

April 2022 Main Grant Winners Match:

Funding for Community Trade Names

Town of Marquette Peace Pie Company, LLC

Town of Houghton Keweenaw Coffee Works, LLC

City of Cadillac Delightful Investments, LLC

Traverse City Northern Blooms Montessori

Roscommon Gardners Village Jewels

City of Alpena J&J Enterprise Inc

Grand Haven Main Street Lucy’s Market, Inc

City of Hart Lakeside Rehab Family Fitness and Wellness

Town of Saginaw – Saginaw County DDA READ Association

City of Mt. Pleasant (Middle

Michigan Development

Authority) Pure Vitality Juice Bar

City of Laingsburg Fulford Investments/ Bonnie Lucille Hair Studio

City of Owosso Aviator Jayne, LLC

Old Town Trade

Association Lansing Elderly Instruments, Inc.

Downtown Lansing Inc. A New Concept LLC

Useless Creatures of Three Rivers, LLC

Coldwater El Taco Loco Mexican Taqueria

Howell Uptown Coffee Inc.

Town of Tecumseh Tecumseh Bread and Pastry

Dearborn – West Dearborn

DDA Trio Restaurant Group LLC

Southwest Detroit Company

Association Elda’s LLC

In December 2021, MEDC announced that 28 Michigan communities had received a total of $1 million in grants aimed at helping local small businesses build resilience and strengthen Michigan’s downtowns. A total of 41 Michigan small businesses have received assistance through the program.

Michigan’s small businesses are a vital part of the state’s economy, employing more than 1.8 million people. Helping businesses open and grow is a key MEDC goal, and the Match on Main Street program is one of MEDC’s tools that provides opportunities for new and expanding businesses located in Main Street neighborhoods. to grow and succeed. For more information on the program, go here. To learn more about MEDC’s services for Michigan businesses, visit here.

Comments are closed.