Grants for Starting a Business in Michigan

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Acquiring funds is 1 of the most challenging hurdles to commencing a new business or expanding an established one particular. 1 selection is to utilize for a grant. The federal govt supplies grants to state governments to promote financial growth. Michigan corporations have a number of diverse possibilities to take into account.

Michigan Rising Engineering Fund

The Michigan Financial Growth Corporation and the Michigan Modest Business and Engineering Advancement Middle give matching bucks for federal Modest business innovation investigation and Tiny business Engineering transfer tasks with commercialization possible. Candidates should get a dedication from the MI-SBTDC initial prior to applying for the federal plan. It will match 25 % of Stage I SBIR/STTR awards up to $25,000 and 25 % of Stage II awards up to $125,000. The money should be utilized to assist carry Michigan SBIR/STTR tasks to commercialization in existence science, selection power, superior automotive, production and supplies, or homeland safety and defense.

Michigan Modest Business and Technological innovation Growth Middle

Grand Valley State College

Seidman School of Business

510 W. Fulton Road

Grand Rapids, MI 49504

Telephone: 616-331-7480

Fax: 616-331-7485

mietf.org

Worth-Additional Producer Grants

The USDA Rural Improvement section awards Worth-Additional Producer Grants to qualified impartial producers, farmer and rancher cooperatives, agricultural producer teams and bulk-managed producer dependent business ventures. These grants are utilized for doing work money and arranging for advertising and marketing Worth-Additional agricultural merchandise and renewable power for farms. An application template is offered on the USDA internet site to assist Candidates. For far more data, speak to the Michigan Rural Improvement Business office.

USDA Rural Growth

Michigan State Business office

3001 Coolidge Rd., Suite 200

East Lansing, MI 48823

517-324-5190

rurdev.usda.gov/mi/

Biofuel Infrastructure Grant Plan

The Cleanse Power Coalition supplies economic incentives to improve biofuel infrastructure. The objective is to enhance domestic resources of fuel to decrease oil costs and use fuel that\'s safer for the atmosphere. The Biofuel Infrastructure Grant gives an incentive for putting in biofuel infrastructure at retail places. The capital are meant to be utilized in buying and setting up supplies and gear suitable with E85, hardware to dispense the fuel, supplies to Thoroughly clean the tanks, and so on. This conscious is accessible for retail and general public fleet spots. For a lot more details about this plan, make contact with Robyn Skodzinsky.

Robyn Skodzinsky

Clear Power Coalition

44 East Cross Road

Ypsilanti, MI 48198

cec-mi.org

Section of Environmental High quality

The Michigan Division of Environmental Good quality awards a handful of grants to corporations interested in safeguarding and enhancing the Michigan setting. A listing is obtainable to download from its site.

Michigan Division of Normal Materials and Surroundings

Division of Environmental Top quality

525 W. Allegan St.

P.O. Box 30473

Lansing, MI 48909-7973

517-373-7917