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Support for Small Businesses in Washtenaw County Amid COVID-19

Introduction

WASHTENAW COUNTY, MI — In response to the ongoing challenges stemming from the COVID-19 pandemic, small businesses in the area have a unique opportunity to access substantial financial assistance and support services. According to a press release dated February 5, 2023, the Washtenaw County Office of Community and Economic Development has reintroduced its Small Business Growth Activator Program, which aims to provide crucial resources to affected small enterprises.

Details of the Small Business Growth Activator Program

The relaunch of the Small Business Growth Activator Program is particularly significant for local businesses that have faced adversity during the pandemic. The program offers $2,500 grants along with free business assistance tailored to eligible small businesses in Washtenaw County. This initiative is designed to not only alleviate immediate financial strain but also to set businesses on a sustainable path for future growth.

Collaborating Organizations

The program will collaborate with two esteemed local organizations: Resourceful Reese and Community Compliance Consultants. Each organization will operate its version of the program, accepting a total of 10 small businesses each, thereby maximizing the reach and impact of the assistance provided.

Acknowledging the Importance of Support

“This program is a fantastic opportunity for small businesses to access the resources and support required after such a challenging period,” said Cheranissa Williams, the economic opportunity division administrator, in the press release. Williams emphasized the significance of partnering with two reputable organizations that can empower small businesses and contribute to rejuvenating the local economy.

Overview of Available Programs

Resourceful Reese: Focused on Stability and Sustainability

Applicants can choose between two variations of the program, both branded as Rebuild & Rise but hosted by different organizations.

1. Resourceful Reese offers a 10-week program that emphasizes enhancing business stability and ensures long-term sustainability. This includes direct grant funding, expert-led workshops, and individualized coaching to address unique business needs. Applications for this program are accepted on a rolling basis until February 9, with the program officially commencing on February 4. Interested business owners can learn more and apply through the Resourceful Reese website.

Community Compliance Consultants: Accelerated Growth

2. Community Compliance Consultants provides a six-week accelerated program set to begin on February 18, with applications open until February 11. This program consists of hands-on coaching, assistance with financial strategies, and operational support to facilitate recovery, rebuilding, and growth. Additionally, the initiative prepares qualified participants for potential future grant opportunities. Interested parties can visit their website for more application details.

Eligibility Criteria

To qualify for this assistance, businesses must meet specific requirements:

• Be a small business with five employees or fewer, including the owner
• Have been operational since before March 16, 2020
• Be located within Washtenaw Urban County
• Have owners whose household income is at or below 80% of the area median income, which is approximately $80,600 for two individuals in Washtenaw County

Even businesses that have temporarily closed but intend to reopen are eligible for consideration.

Additional Resources and Support

For more comprehensive information about the program and its requirements, individuals are encouraged to visit the Washtenaw County Office of Community and Economic Development website.

How AI legalese decoder Can Help

The complexities of legal jargon and program eligibility can often hinder small business owners from fully understanding their options. This is where the AI legalese decoder can be immensely beneficial. By simplifying legal documents and guidance, the AI legalese decoder can help business owners comprehend the eligibility criteria, application process, and contractual obligations involved. This tool ensures that entrepreneurs can make informed decisions and optimize their chances of securing the available funding and support.

By leveraging resources like the Small Business Growth Activator Program alongside the assistance of AI legalese decoder, small businesses can navigate challenges more effectively and set themselves on a path to success.

Conclusion

The Small Business Growth Activator Program provides a vital lifeline to small business owners in Washtenaw County, delivering both financial assistance and expert guidance at a critical time. By taking advantage of these resources, local businesses can not only recover from the impacts of the pandemic but also emerge stronger and more resilient as they look toward the future.

Generative AI was used to draft this story, based on information provided by the Washtenaw County Office of Community and Economic Development. It was reviewed and edited by MLive staff.

For further local news, consider bookmarking the local Ann Arbor news page.

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