New grant opportunities available for small businesses, undocumented residents
City awarded $750,000 grant to support undocumented residents impacted by COVID-19
Detroit City Council Member Raquel Castañeda-López, Immigration Task Force members and Mayor Mike Duggan announced the award of a $750,000 grant to support undocumented residents impacted by COVID-19 at a news conference July 9.
The grant from Open Society Foundations (OSF) will establish the Detroit COVID-19 UndocuFund and is the result of a partnership with OSF, Council Member Castañeda-López, the Detroit City Council Immigration Task Force (ITF) and the City’s Office of Immigrant Affairs.
Open Society Foundations has partnered with 19 other major metropolitan cities in a nationwide economic relief effort to help immigrant communities impacted by COVID-19, and who are underserved by the CARES (Coronavirus Aid, Relief, and Economic Security) Act.
The Detroit COVID-19 UndocuFund was strategically designed to funnel support to families through trusted community partners that work on the front lines with undocumented communities. The ITF selected the Detroit Hispanic Development Corporation (DHDC) as the fiscal sponsor and to manage the fund.
To ensure that the funds reach the undocumented individuals and families who qualify for the program, DHDC will work with the Islamic Center of Detroit, Global Detroit, African Bureau for Immigration and Social Affairs, and One Michigan to disburse the monies.
City, DEGC announce $7.25 million grant program for small businesses
If you have a small business in Detroit and lost revenue during the COVID-19 pandemic, you may qualify for a new $7.25-million grant program announced by the City of Detroit and Detroit Economic Growth Corporation (DEGC ).
The grants are up to $20,000 and for companies with up to 50 employees. The funds can be used for payroll, mortgage, utility bills, etc. Mayor Mike Duggan and DEGC CEO Kevin Johnson outlined the program at the Mayor’s briefing July 9.
There are some restrictions for the grants. The program is only for businesses that did not receive grants from the Michigan Economic Development Corporation through DEGC earlier this year. However, the DEGC will work with those companies to identify other available funds.
The application process opens July 15 and closes August 5. Award recipients will be notified no later than Sept. 30. For information on the program and application process, go to michiganbusiness.org/restart.
In addition, business owners may contact DEGC for assistance with this grant and to learn about other business support programs and funds. To contact DEGC, call (844) 333-8249 from 9 a.m. - 5 p.m. Monday through Friday or go online to degc.org.