Match on Main is a reimbursement grant program, provided by the Michigan Economic Development Corporation, that serves as a tool to support new or expanding place-based businesses by providing up to $25,000 in funding to support an eligible small business.
Donor Name: Michigan Economic Development Corporation
State: Michigan
City: Albion
Type of Grant: Grant
Deadline: 10/03/2022
Grant Size: up to $25,000
Details:
Purpose of the grant program is to support an eligible small business through an application submitted, Administered, and managed by the local unit of government, downtown development authority, or other downtown management or community development organization where the business is located.
MEDC finds value in supporting place-based businesses located in Redevelopment Ready Communities® and Michigan Main Street districts, given the local capacity that has been built to support new and existing small businesses through the technical assistance, training and education communities gain by participating in these program.
The focus of Match on Main is to support place-based businesses as they seek to launch and grow on main street. Small businesses are the cornerstone of what makes Michigan’s downtowns unique and authentic. This program aligns to the MEDC’s strategic focus areas, including the continued effort toward developing attractive places.
Program Goals
- Support the creation and growth of place-based businesses located in select or master Michigan
- Main Street districts or essentials or certified Redevelopment Ready Communities® across the state.
- Provide access to capital for place-based businesses, create and retain jobs, leverage private investment, and activate vacant or underutilized space.
- Provide eligible communities with a business recruitment and retention tool as they work to grow and support their local entrepreneurial ecosystem.
Funding Information
The Match on Main program provides grant funding to support an eligible small business desiring to launch or grow on Main Street by providing up to $25,000 in funding, reimbursed for eligible activities.
Eligibility Criteria
Eligible applicants include local units of government, downtown development authorities, Michigan Main Street programs, or other community or economic development organizations that represent a traditional downtown district, historic neighborhood commercial corridor, or an area planned and zoned for concentrated commercial development.
- The business is located within the boundaries of the community the applicant serves.
- The business is located within a traditional downtown, historic neighborhood commercial corridor, or area planned and zoned for concentrated commercial development that contributes to a dense mixed-use area with multi-story elements.
- The business sells products and/or services face to face AND has a physical location within a traditional downtown, historic neighborhood commercial corridor, or area planned and zoned for concentrated commercial development (Ex. The business has a storefront location downtown).
- The business will have, or intends to have, control over the site for which they are applying prior to match on Main application. Please note: changes in the proposed business location after grant selection may result in grant being forfeited.
- The business may be operating as a for profit or non-profit.
- The business is headquartered in Michigan.
For more information, visit Michigan Economic Development Corporation.
