IRON MOUNTAIN —
A second round of grant funding is being made available by the Michigan Economic Development Corporation (MEDC) through the Michigan Small Business Restart Program which is intended to infuse an additional $100 million in grant funding to small businesses throughout the State. The funds were appropriated via the federal CARES Act funding through SB 690 and authorized by the Michigan Strategic Fund to be administered by 15 local and nonprofit economic development organizations across the State. $4,545,455 has been allocated to the Upper Peninsula to be administered through InvestUP, a regional economic development organization representing all of Upper Michigan.
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