07/15/2020- A second round of grant funding is being made available by the Michigan Economic Development Corporation 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 who’ve been impacted by COVID-19. The funds were appropriated via the federal CARES Act and will be administered by 15 local and nonprofit economic development organizations across Michigan. Around $4.5-million of that funding has been allocated to the Upper Peninsula to be administered through InvestUP, a regional economic development organization representing all of Upper Michigan. Michigan-based organizations with 50 or fewer employees who meet statutory program requirements may qualify for grant support of up to $20000. Additionally, at least 30% of the funds awarded will be provided to women-owned, minority-owned or veteran-owned eligible businesses. The MEDC anticipates that more than 5,000 businesses across the state will benefit from this program. The Michigan Small Business Restart Program applications will be live starting today at michiganbusiness.org/restart and run through August 5th. Additional information can be found at update906.com.