Traverse City Businesses Land Survival Grants
Feb. 18, 2021
Several businesses and non-profits from the region are among those that received Small Business Survival Grants through the Michigan Strategic Fund and the Michigan Economic Development Corporation (MEDC). Several from Traverse City received amounts ranging from $10,000-$20,000. Those that received the maximum amount of $20,000 are:
· Dillinger’s Pub/Bootleggers
· Dance Arts Academy
· 7 Monks Taproom
· Bayview Inn Bar & Grill
· Lucky Jacks
· The Cottage
· Union Street Station
· Catering by Kelly’s & The Williamsburg Event Center
· Brady’s Bar
· Mode’s Bum Steer
· Incredible Mo’s
· Poppycocks Inc
· Mackinaw Brewing Company
· National Cherry Festival
· Traverse City Elks Lodge #323
· Water’s Edge Gymnastics, Inc.
· Women’s Resource Center for the Gr Traverse Area
· Yen Yoga & Fitness
The MEDC awarded a total of $2,375,000 through the Michigan Small Business Survival Grant Program. The funding is being provided to small businesses that experienced a significant financial hardship due to the COVID-19 emergency “gatherings and face mask order” issued by the Michigan Department of Health and Human Services in December 2020.
The Collaborative awarded grants to 181 small businesses and nonprofits across northwest Michigan, with an average amount of $13,122. They were among the nearly 800 that applied for the funding. The grants were based on need, the size of the business, the impact of COVID-19 on their business and previous profitability. Also taken into consideration were the historical, cultural, or community significance of some organizations, as well as an emphasis on the equitable distribution of funds across all counties in the region.
See a complete list of local recipients here.Comment