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Reports & News Releases

Pure Michigan Business Connect Offering up to $1 Million in Grants

Michigan Business Network
April 1, 2020 5:00 PM

Pure Michigan Business Connect offering up to $1 million in grants to manufacturers looking to retool and produce critical service supplies

Michigan’s small business manufacturers looking to produce critical health and human service supplies can now apply for up to $150,000 in grants through the Michigan Economic Development Corporation’s PMBC COVID-19 Emergency Access & Retooling Program. The newly launched grant program will provide up to $1 million in grants to Michigan’s manufacturers that can quickly and effectively retool and produce critical supplies in response to the COVID-19 outbreak.

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CPA's Clark Schaefer Hackett | On demand: Practical Steps to Navigate COVID-19

Michigan Business Network
April 1, 2020 4:00 PM

COVID-19 RESPONSE

How does the recent legislation impact your business?

Over the past two weeks, you've likely been inundated with information and guidance around COVID-19. Yesterday, we held a webinar with nearly 1,000 people in attendance, focused on recent coronavirus-related legislation and more importantly, what actions businesses should be taking now.

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BREAKING: SBA & Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds

Michigan Business Network
April 1, 2020 9:00 AM

Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need.

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AG Nessel Reissues Consumer Alert as Another Local Health Department Receives Reports of Scammers Seeking Medicaid, Medicare Information

Michigan Business Network
April 1, 2020 6:00 AM

 

DO NOT FALL FOR IT!!!

 

LANSING – Michigan Attorney General Dana Nessel today warned Michiganders again to beware of scammers claiming to be from at least two local public health departments, calling residents to offer medication and at-home COVID-19 tests while asking for their Medicaid and Medicare numbers for billing purposes.  Incoming calls are jamming local health departments’ phone lines, delaying important responses  to COVID-19. 

Reports so far have been focused on the Ionia County Health Department and now the Benzie Leelanau Public Health Department. The Attorney General’s office reissued a consumer alert making residents aware of the situation earlier today.  

The Benzie Leelanau Public Health Department received multiple calls from residents in the 248 and 989 area codes asking about the calls.  The department is in the 231 area code. 

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SBAM | Paycheck Protection Program Details Released (corrected)

Michigan Business Network
March 31, 2020 6:00 PM

The Payroll Protection Program goes live April 3, 2020.

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CARES Act The Impact on U.S. SBA Existing Loan Programs and New Loan Programs March 30, 2020

Michigan Business Network
March 31, 2020 3:00 PM

Congress approved and the President signed into law, the CARES Act on March 27, 2020. Certain provisions within the ACT have an impact on current SBA loans in addition to creating new loan and grant programs. This is a high-level look at some of the major portions of the Act.

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Michigan Implements Expansion of Unemployment Assistance

Michigan Business Network
March 31, 2020 9:00 AM

Following Peters’ Legislation Being Signed into Law CARES Act Last Week Included Peters-led Pandemic Unemployment Assistance Act

DETROIT, MI – U.S. Senator Gary Peters (MI) today welcomed the State of Michigan’s announcement today that it will expand unemployment assistance to Michigan workers impacted by the Coronavirus pandemic. The expansion was made possible because of Peters’ Pandemic Unemployment Assistance Act, which was included in the federal, bipartisan Coronavirus, Aid, Relief and Economic Security (CARES) Act signed into law last week.

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Million Meal Challenge will help feed hungry Michiganders during COVID-19 crisis

Michigan Business Network
March 30, 2020 6:00 PM

LANSING, Mich. -- he COVID-19 crisis has prompted mandated school closures and idled workers, dramatically increasing the need for healthy food.  To address the demand on the state’s seven regional food banks, the Michigan Farm Bureau Family of Companies and the Farm Bureau Insurance of Michigan Agent Charitable Fund today launched a statewide fundraiser, The Million Meal Challenge.

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AAA: Michigan Gas Prices Decline 13 Cents

Michigan Business Network
March 30, 2020 3:00 PM

The Michigan State average is lowest since March 2016

DEARBORN, Mich., (March 30, 2020) - Gas prices in Michigan dropped 13 cents compared to a week ago. Michigan drivers are now paying an average of $1.73 per gallon for regular unleaded, which is the lowest price seen since February of 2016. This price is 65 cents less than this time last month and $1.08 less than this time last year.

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AG’s Office Takes Action Against Health Care Industry Supplier for Reported Price-gouging

Michigan Business Network
March 30, 2020 7:00 AM

LANSINGMICH. As reports of price-gouging related to coronavirus disease 2019 (COVID-19) near 2,000, the Michigan Department of Attorney General has sent a cease and desist letter to a health care industry supplier for marketing face masks at exceptionally high prices.  

Attorney General Dana Nessel today sent the letter to DiaMedical USA Equipment Inc., based in Bloomfield Hills, after receiving a consumer complaint that the company is attempting to sell 10-packs of face masks through its website for nearly $100 each. Similar model masks are sold at between $1.50 to $2.40 per mask. 

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