LANSING - The $349 billion in federal loans allocated for small businesses are now available. For those of you who have not yet looked into these loans, here's what to do: 1. Be prepared. Visit SBAM's website for the latest guidelines, FAQs and the application. 2. Read the final guidance from the SBA. 3. Call
SOUTHFIELD—The Engineering Society of Detroit will present a complimentary online one-hour educational session, “Can Crisis Be Averted?”, on Thursday, April 9 from 1 to 2 p.m. on the Zoom platform. Veteran engineer Thomas Doran will discuss how we can prevent rather than merely manage crises, as we are with the current coronavirus pandemic. Doran will
LANSING - A new survey shows 92% of Michigan small employers are negatively impacted by the outbreak of the novel coronavirus, a continued escalation from 76% of small employers reporting negative impacts 10 days earlier. About 3% are positively impacted. These firms are likely experiencing stronger sales due to a sharp rise in demand for
DETROIT — Over the course of two weeks, TechTown launched the Detroit Small Business Stabilization Fund and awarded a total of $606,000 to 350 Detroit small businesses. The fund was created in partnership with the City of Detroit, the Detroit Economic Growth Corporation (DEGC), and Invest Detroit to provide working capital grants to some of
ANN ARBOR - Infectious Disease Expert Fred Brown, who helped develop a test for HIV, said the COVID-19 lock down could last until August and even could impact fall sports, events, and more. https://youtu.be/ZES6iWOFRCA
ANN ARBOR - Shannon O'Hara has cobbled together 500 tailors in metro New York to sew washable hospital gowns to protect healthcare professionals from COVID-19. She's looking to connect with tailors nationwide to join her brigade. She's also looking for tailors to join her brigade in Michigan. https://youtu.be/9gvCOD7GmbU
LANSING –The Michigan Economic Development Corporation’s Pure Michigan Business Connect program has launched a new grant program providing a total of $1 million in grants to Michigan’s small manufacturers looking to retool and produce critical health and human service supplies in response to the COVID-19 outbreak. “Michigan has the manufacturing strength, innovation and determination to
ANN ARBOR - Dug Song, who sold in 2018 Duo Security to Cisco for $2.35 billion, has contributed $1 million to an emergency relief fund for small businesses in Washtenaw County impacted by the COVID-19 pandemic. The money was donated to the Washtenaw Small Business Emergency Relief Fund. https://www.washtenawsbf.com/ Contributions also came from Ann Arbor
ANN ARBOR - MITech TV is going virtual today to do the show online only. At 2 pm Melih Oztalay from Smart Finds Marketing will explain why businesses need to advertise during the coronavirus pandemic and how they can use relationship marketing to pull it off. At 2:15 Shannon O’Hara, a fashion tailor in New
ANN ARBOR - From the data available today, it will be unwise for us to “ease up” on social distancing before the end of May (earliest) across the entire United States or to stop social distancing until the end of August. If we ease up earlier than this, then the opportunity for a rebound of
