CHARLEVOIX, Mich. — Charlevoix is one of Twenty-two communities around Michigan that have been awarded $50,000 from a total of $993,984 in grants aimed at supporting the COVID-19 economic recovery efforts of small local businesses throughout the state, the Michigan Economic Development Corporation announced today. The grants are being awarded through an expansion of MEDC’s Match on Main program. A total of 299 small businesses around Michigan are receiving assistance through the program.
“Michigan’s small businesses and traditional downtowns are the heart of our communities, and by providing communities with resources to engage in economic recovery efforts we can help ensure our downtowns not only recover, but thrive,” said MEDC CEO Mark A. Burton. “The Match on Main grants will help Michigan’s downtown businesses recover from the loss of revenue as a result of the COVID-19 virus and support workers they employ in these communities.”
In May, MEDC announced that its existing Match on Main program was being expanded to provide access to more communities and refocusing resources on recovery efforts of existing businesses, rather than helping open new businesses. Community-based organizations such as downtown development authorities could apply for grant funding through Match on Main to then make local grants to small businesses located within their districts that have realized a significant financial hardship as a result of the COVID-19 outbreak.
The Match on Main–COVID-19 Response program was opened up to all 286 engaged and certified Redevelopment Ready Communities across the state of Michigan, in addition to the Michigan Main Street communities that traditionally participate in the program. The expanded program also waived the matching requirement for the small business applicant which is required to receive funding under the traditional Match on Main program.
“We are absolutely thrilled that Charlevoix Main Street DDA’s Match on Main application was approved and that ten of our downtown businesses will be receiving critical financial support as they recover from the financial impacts of COVID-19,” said Charlevoix Main Street DDA Director Lindsey Dotson. “These funds will help ensure that Downtown Charlevoix continues to be a vibrant place for residents and visitors to enjoy.”
The local unit of government, downtown development authority, Main Street organization or other economic development organization that represents a traditional commercial district including a downtown, neighborhood commercial district, or an area planned and zoned for concentrated commercial development was eligible to apply for up to $50,000. The minimum contribution that was able to be administered to any one business must be at least $2,000, with a maximum of $10,000. Applicants determined which businesses were selected for inclusion in the application for support and at what desired grant amounts. Charlevoix applied on behalf of 10 businesses who will be awarded $5,000 each to help retain at least 35 jobs in the downtown. Charlevoix businesses receiving assistance include:
2020 Match on Main grant winners (the full list of businesses receiving support can be found here: https://www.miplace.org/match-on-main/ )
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org . Join the conversation on: Facebook Instagram LinkedIn , and Twitter.
About Charlevoix Main Street DDA
The mission of the Charlevoix Main Street program is to strengthen the year-round economic vitality of our vibrant historic business district through community efforts, events, and public/private partnerships while fostering a sense of community pride and ownership. For more information about Charlevoix Main Street DDA and our initiatives, visit www.downtowncharlevoix.com. Join the conversation on Facebook and Instagram.