Lansing Small Business Recovery Program
Lansing CARES Small Business Assistance Program
In Phase 3 of the City of Lansing and the Lansing Economic Development Corporation’s Small Business Recovery Program, the Lansing CARES Small Business Assistance Program will provide easily forgivable loans and disaster planning assistance to small businesses negatively affected by COVID-19. This program is funded through the City of Lansing’s additional Community Development Block Grant funds through the CARES Act.
Awards will range from $5,000-$50,000 and will be 0% interest deferred unsecured forgivable loans. Funds can be used to support operating expenses (e.g., payroll, rent/mortgage, utilities, etc.).
Eligibility and Timeline:
Please review the Program Overview for detailed eligibility, timeline, and program information.
Application and Review Process:
There is a two-stage application process. Once you have reviewed the Program Overview document, you are encouraged to complete the simple pre-application to determine eligibility as soon as possible. Applications will be reviewed on a rolling basis until funds are all committed or exhausted. For assistance filling out your Pre-Application, please review the Pre-Application Walkthrough document.
If your businesses is found to be eligible based on the Pre-Application, and as funds are available, you will be given access to disaster planning assistance. Once you have completed the disaster planning training, and as funds are available, you will be given access to the more detailed Full Application. Once access is given, you will have approximately two weeks to complete the Full Application. You are encouraged to review the type of information the Full Application will require ahead of time in the Full Application Info Document. For assistance filling out the Full Application, please review the Full Application Walkthrough document and watch Best Practices Consulting Services’ Full Application Walkthrough video.
Each submitted Full Application will then undergo an underwriting. Awards decisions will be made by a Review Committee based on underwriting and community impact.
Register and submit a Pre-Application here: purelansing.com/begin
Return to/finish your Pre-Application here: purelansing.com/pre-application
Frequently Asked Questions:
Please review the FAQ document for additional information about the program and term definitions.
US Conference of Mayors Small Business Webinar
Business Assistance Resources
- Michigan Women Forward Resilience Microloan and Grant Fund
- LEAP One&All Inclusive Entrepreneurship Program
- Department of Licensing and Regulatory Affairs COVID-19 Reopening Resources
- Downtown Lansing Inc. Building Customer Trust Kit
- MEDC Reopen Main Street Guide
- MIOSHA Ambassador Program
- Lansing Regional Chamber COVID-19 Resources Website
- Lansing Economic Area Partnership Novel Coronavirus 2019 (COVID-19) Response Measures Website
- Lansing Economic Area Partnership One&All Inclusive Entrepreneurship program for the Lansing Region
- Lansing Economic Area Partnership One&All Downloadable Informational Presentation
- Michigan Women Forward COVID-19 Entrepreneur Resources
- Restart Resource Partners (PDF)
- National Development Council Cash Reigns Supreme Webinar Series
The Lansing Economic Development Corporation (LEDC) Business Financing Assistance Program (BFAP) offers micro-loans of up to $25,000 and larger gap financing (over $50,000) to stimulate business development and create positive economic benefits in the City of Lansing. To learn more about the BFAP program, please contact us at the link below.
MEDC/LEAP Survival Grants Program
The Survival Grants Program is now closed. For more information, please visit www.purelansing.com/businessrelief and see the city’s press release.
MEDC Restart Grant Program
The application for the MEDC’s Restart Grant Program is now closed. For updates, please visit purelansing.com/businessrelief.
MIOSHA COVID-19 Safety Grant Program
The application for the MIOSHA COVID-19 Safety Grant Program is now closed.
COVID-19 Rescue Fund
The application period for the Rescue Fund is now closed. The COVID-19 Rescue Fund was created as an emergency fund to provide immediate financial assistance to City of Lansing small businesses in danger of going out of business. Small businesses in the City of Lansing were eligible to apply for $5,000 and $10,000 grants to help face the sudden and severe economic impacts incurred due to COVID-19. A total of $400,000 of awards were available. These grants from the City of Lansing were awarded by the Lansing Economic Development Corporation.
The application is now closed. The Michigan Department of Labor and Economic Opportunity (LEO) provided CARES Act funds to help qualifying small businesses extend their capacity by adding weatherized, temporary outdoor facilities. More information can be found at https://www.sbam.org/weatherization-grants/.
Mayor Andy Schor Announces City of Lansing’s Small Business Recovery Program
City of Lansing Announces the Businesses Awarded COVID-19 Rescue Fund Grants
The City of Lansing Announces the Second Phase of Businesses Awarded COVID-19 Rescue Fund Grants