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FOR IMMEDIATE RELEASE
CONTACT: Cheranissa Roach
Workplace of Neighborhood and Financial Growth
(734) 210-7699
Web site URL https://www.washtenaw.org/3710/38797/Small-Business-Growth-Activator
WASHTENAW COUNTY, MI., December 13, 2022 – In January 2023, Washtenaw County will launch the Small Enterprise Development Activator Program to help the stabilization and enlargement of small companies in our neighborhood. This program will launch with as much as $1 million {dollars} of Federal CARES Act funding, as authorized by the Washtenaw County Board of Commissioners and Washtenaw City County earlier in 2022. These funds will likely be designated to assist small companies adversely affected by COVID-19 by offering $5,000 grants together with free enterprise help. This program will likely be administered by the Washtenaw County Workplace of Neighborhood and Financial Growth (OCED).
“The Small Enterprise Development Activator program has been designed by OCED employees to fill the gaps left by earlier state and federal applications that struggled to achieve smaller and underserved companies and areas,” mentioned Justin Hodge, Commissioner for District 5. “We all know that small companies in Washtenaw County have confronted many challenges as a result of cancellations, closures, social distancing, and financial hardships from the COVID-19 pandemic. This has been significantly true for low to reasonable earnings companies in our neighborhood that even previous to the pandemic had been underserved and didn’t have the identical entry to assets and enterprise help providers.”
To help these companies, the County is using the CARES Act funding to associate with entrepreneurial and enterprise help organizations to ship enterprise teaching and different enterprise helps corresponding to web site design or accounting assist.
A aggressive name for proposals, resulted in 5 organizations being introduced on as companions for the Small Enterprise Development Activator:
- Proxie is providing a digital pivot to help small enterprise with e-commerce
- Rising Hope is offering entry to a meals incubator, and enterprise teaching
- Affiliation of Enterprise of Shade is offering a mastermind cohort and peer enterprise teaching
- Ann Arbor SPARK is offering enterprise consulting, gross sales teaching and one-on-one advertising and marketing
- Small Enterprise Growth Heart – Enterprise teaching, a mastermind cohort and one-on-one comply with up
This funding is estimated to assist 80-100 microenterprises.
“We’re excited to assist 80-100 small enterprise house owners who had been omitted of the PPP or different state/federal applications,” mentioned Cheranissa Roach, Financial Alternative Supervisor within the Washtenaw County Workplace of Neighborhood and Financial Growth. “Now we have assembled an incredible group of previous and new companions to achieve companies which will have felt unsupported throughout the pandemic and stay up for the impression this partnership can have in our neighborhood.
This system is open to small companies who’ve 5 workers or much less together with the proprietor, have been in enterprise since March 16, 2020, together with those that might have closed and are hoping to reopen, situated within the Washtenaw City County, and who’s house owners have a family earnings at or under 80% of the Space Median Revenue.
Full particulars and a short curiosity type will be discovered at https://www.washtenaw.org/3710/38797/Small-Business-Growth-Activator
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About Washtenaw County Workplace of Neighborhood and Financial Growth (OCED)
Washtenaw County Workplace of Neighborhood and Financial Growth (OCED) is dedicated to stepping out of conventional authorities roles to drive long-term system adjustments that improve fairness and alternative. Knowledgeable by information and resident voices, we ship providers, make investments assets, form public coverage, lead initiatives, and amplify the impression of neighborhood companions to that finish.
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