Deadline: 30-Jul-21
The Lansing Economic Area Partnership (LEAP) Stronger Together is seeking applications for its Ingham County Sunrise Grant Program to assist small businesses negatively affected by the COVID-19 pandemic and allocated $11 million from the county’s first tranche of American Rescue Plan (TARP) funds to create the Ingham County Sunrise Small Business Grant Program.
Categories
Grant amounts in the following categories will be geared toward capacity building and based on need and available funds:
- Incubators / Entrepreneurial Support Organizations: facilities and programs that provide private and/or shared working spaces, resources and a network to help business startups and small businesses find success and grow. This category’s questions constitute 200 points for consideration in combination with the Uniform Application, providing weighting toward category-specific responses.
- Childcare, Daycare, Early Childhood Education & Activity Providers (not in-home): This category’s questions constitute 200 points for consideration in combination with the Uniform Application, providing weighting toward category responses.
- Discretionary Critical Emergency: Additional funds have been budgeted to support extraordinary instances of businesses and organizations experiencing the most severe economic hardship caused by the pandemic in terms of drastic employment and revenue effects. These entities likely hold a uniquely critical role in Ingham County within the business or nonprofit community. Funds awarded through this category will likely be supplemental to standard grants allotted in other categories and fund use will depend upon the applicant pool and critical need demonstrated in application data.
Funding Information
- Standard grant amounts range from $5,000-$25,000 based on employment level.
Eligibility Criteria
Applications will be vetted for eligibility based on the following requirements:
- Must have a physical business location (including home-based) in Ingham County that generates revenue and employment (including self-employment / sole proprietor),
- Have 1 to 100 workers on payroll (including full-time, part-time and owner-employees) working from the specific business location tied to application as of June 28, 2021,
- Have under 250 workers business-wide across all locations,
- Have at least 50%of worldwide workforce employed in Michigan,
- Franchises are eligible only if majority-owned locally (Michigan, not necessarily residents of Ingham County),
- Be a business or nonprofit directly and negatively affected by the COVID-19 pandemic and resulting economic crisis,
- Must be able to demonstrate a need for working capital to support payroll, rent, mortgage payments, utility bills or other similar expenses currently and/or into future to recover, sustain or grow operations,
- Must be able to demonstrate financial harm in the form of revenue loss as a result of COVID-19 pandemic and any related public health restrictions and orders,
- Must have remained in compliance with all state and local governmental and public health orders related to COVID-19 since March 2020,
- Cannot be involved in the growing, manufacturing, distribution or sale of cannabis products,
- Can provide required documentation (grant agreement, W-9 and other tax or financial documentation as necessary) if awarded.
- The application is submitted by an authorized representative of the applying business/nonprofit
For more information, visit http://www.purelansing.com/sunrise