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New grant program available for Grand Rapids small businesses

Posted at 6:21 PM, Nov 17, 2020
and last updated 2020-11-17 18:21:53-05

GRAND RAPIDS, Mich. — A new grant program is available for eligible Grand Rapids small businesses that have lost revenue because of the coronavirus pandemic.

It will provide up to $5,000 from the City of Grand Rapids’ Economic Development Office, a news release said Tuesday.

Grants will support for-profit businesses meeting the following requirements:

  • Have 25 or fewer employees
  • Located in the General Target Area
  • Have a physical location (no home-based businesses)
  • Benefit low- or moderate-income persons (owner, employees, residents)

Priority will be given to businesses that haven’t received any other grant assistance.

The program is funded with Community Development Block Grant Coronavirus funds from the U.S. Department of Housing and Urban Development.

Click here to apply or for more information.