Paycheck Protection Program in Michigan
Small Business Assoc of Michigan (SBAM) is working to create a coalition of small businesses to help them maximize the benefits/opportunities under the Paycheck Protection Program. CLICK HERE to read more about the program. The goal is to get as many companies committed to sign up because: Once the website goes live SBAM want to… read more
Fishman Stewart offers webinar on Crisis Strategy Tips for Intellectual Property
COVID-19 has turned the world upside down. Companies are facing unprecedented financial constraints and making difficult decisions to conserve cash. Fishman Stewart’s intellectual property (IP) attorneys weigh in via an interactive panel discussion. Topics include: Pausing the patent cash burn rate Implementing cost-effective ways to protect brands and inventions Deploying smart business practices to safeguard the competitive… read more
2020 Detroit Entrepreneurial Ecosystem Report released
Check out the release of 2020 Detroit Entrepreneurial Ecosystem Report developed by EntryPoint. Detroit has proven itself to be a powerful force in tech development and innovation. The City of Detroit is uniquely positioned to be a center of development and success. This report showcases the remarkable achievements made by the individuals and organizations that… read more
NVCA letter ask for clarification of Coronavirus Aid, Relief, and Economic Security (CARES) Act
Lead by the National Venture Capital Association (NVCA) a letter was sent to the U.S. Department of Treasury and Small Business Administration urging for clarification that small businesses with equity investors will not be excluded from the 7(a) loan program under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This nationally signed letter included support from… read more
It’s a challenging time for startups around the world, and more than ever we need to be able to tap into the collective wisdom of our networks. That’s why we’re thrilled to introduce a new community where Michigan startup leaders can exchange help, advice, connections, resources, and ideas. It’s called Givitas, and it’s made by… read more
Cendrowski Corporate Advisors LLC: Estate & Gift Planning Impacts of COVID-19
The COVID-19 pandemic has greatly impacted the overall economy. The economic and legislative shifts are presenting opportunities for taxpayers to re-look at their gift and estate planning initiatives. In the current (hopefully, temporary) down market and low interest rate environment, there are strategies that taxpayers can employ to maximize the transfer of wealth while minimizing… read more
Beringea Provides U.S. Resources for Businesses Amid COVID-19
These are strange, unpredictable, and sad times. We have been quickly forced to find new ways to work and live; necessity continues to be the mother of all invention, and this time will be no different. For Beringea, some of our best investments have been in businesses forged in times of stress. With 35 years… read more
New MEDC Resources for Small Businesses
The Michigan Strategic Fund (MSF) Board approved $20 million in aid aimed at helping businesses affected by the closures ordered in response to the COVID-19 pandemic in a special virtual meeting today. Of the $20 million, $10 million is in loans and $10 million is in grants to help businesses affected by the COVID-19 pandemic,… read more
Detroit Small Business Stabilization Fund
Coordinated by TechTown Detroit, the Detroit Small Business Stabilization Fund will provide direct financial assistance to small businesses to help them through this period of decreased sales and activity caused by the COVID-19 pandemic. To donate, click here.
Michigan Department of Treasury: Small Business Taxpayers Provided Tax Assistance
Small businesses that have experienced disrupted operations due to the COVID-19 pandemic now have additional time to make their sales, use and withholding tax monthly payment, according to the Michigan Department of Treasury. Effective immediately, small businesses scheduled to make their monthly sales, use and withholding tax payments on March 20 can postpone filing and… read more