Inclusive Entrepreneurship Support Grant

The Inclusive Entrepreneurship Support Grant will deploy $8.8 Million in funding to support small business development initiatives across the state. The MEDC will administer this initiative to bring new and more comprehensive resources to small businesses by providing direct grant support to entrepreneurs for expanding operations. Eligible uses could include, but are not limited to, construction, obtaining new equipment, talent development, manufacturing, and operating costs. Each applicant must: -Be registered to do business in Michigan. -Be a small Business with 500 employees or less. -Be in good standing with all state departments including, but not limited to, LARA and the Michigan Department of Treasury. -Be in at least one strategic sector including: >Urban and Rural Mobility Electrification and EV Charging Infrastructure. >Clean Energy >Infrastructure, including Affordable Housing and Regional/Public Transit. >Post-Secondary Education Attainment. >Talent Attraction and Retention. >Healthcare Innovation. >Childcare. >Advanced Manufacturing - Defense, Aerospace, Advanced Materials. >Mobility and Automotive Manufacturing. >Semiconductor Technology. >Cybersecurity. >Life Sciences and Medical Devices. >Engineering, Design, & Development. >Professional and Corporate Services.