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Economic Development Funding

Economic development funds available to businesses through the State of Michigan in a multitude of categories, with emphasis on alternative energies.

  1. Betty Jane Moore
    November 4, 2009 at 10:26 am | #1

    I would like to open a business in Stockbridge, Michigan. I am looking for funding to help me get started. I have a vacant building picked out and I really would like to know of any resources that would be available for me. I am a single mother, I am in the low income bracket. I have the determination and drive to make my business a success. I want to help my community and fellow business owners. I really would appreciate any advice you could give me. Thank You! Betty

    • November 29, 2009 at 10:37 pm | #2

      There are a number of different sources for funding depending on the nature of the business.

      The link below will lead you to information on various options supported by the state including:

      SBA 504 Loans
      Industrial Development Revenue Bonds
      State Administered Grants

      http://www.michigan.gov/som/0,1607,7-192-29943—,00.html

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