A total of 58 early-stage tech companies across Michigan received $3 million in direct investments or loans from the state’s Tech Startup Stabilization Fund to assist them during the COVID-19 outbreak. Announced in mid-April, the Tech Startup stabilization Fund has been administered by ID Ventures in Detroit to support early-stage tech companies in Michigan with fewer than 50 employees and a demonstrated need for support due to the economic impacts of the pandemic. Click on the button below for a full list of companies receiving support.

You can still register for today’s webinar entitled “How they pivoted: Buying and supplying in wake of COVID-19.” Over the past three months, Michigan businesses shifted operations to make everything from face masks and hand sanitizer to medical equipment. Starting this afternoon at 4 p.m. EST, you’ll have an opportunity to learn from Michigan’s businesses leaders about how innovation, highly skilled talent and collaboration across industries helped them quickly shift products, customers and overall revenue strategies in the wake of COVID-19.

Access additional COVID-19 resources for businesses and communities by visiting michiganbusiness.org/covid19.

Read more about programs supporting economic recovery for Michigan businesses by visiting michiganbusiness.org/covid19response.

Visit michigan.gov/coronavirus to find other valuable resources for employers, workers, residents and communities.