/
Greater  Ann Arbor Region Greater  Ann Arbor Region

Greater Ann Arbor Region - PowerPoint Presentation

bethany
bethany . @bethany
Follow
66 views
Uploaded On 2023-09-18

Greater Ann Arbor Region - PPT Presentation

Partners Economic Development Partnership of Hillsdale County Susan Smith Executive Director The Enterprise Group of Jackson Tim Rogers President amp CEO Lenawee Now Jim Van Doren Executive Director ID: 1017342

application business amp form business application form amp development owned submitting covid funding submit submission 2020 applicant million eligible

Share:

Link:

Embed:

Download Presentation from below link

Download Presentation The PPT/PDF document "Greater Ann Arbor Region" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

1.

2. Greater Ann Arbor Region PartnersEconomic Development Partnership of Hillsdale CountySusan Smith – Executive DirectorThe Enterprise Group of JacksonTim Rogers – President & CEOLenawee NowJim Van Doren – Executive DirectorAnn Arbor Spark (Washtenaw & Livingston)Paul Krutko – President & CEO Marcia Gebarowski – Director of Business Development, LivingstonMonroe County Business Development Corporation Tim Lake – President & CEO

3. AgendaIntroductionsTopicsBackground on ProgramEligibility RequirementsWhat to Expect on the ApplicationLocal SelectionAudience Q and APlease use the Q&A function on Zoom to ask a question.

4. IMPORTANT INFORMATIONThis webinar is being recorded All participants will receive a copy of the on-demand webinar and PowerPoint slides on Friday, July 24, 2020 by 3 P.M.This webinar may freeze, or your zoom connection may have issues - Don’t worry, this is being recorded

5. PANELISTSMichigan Economic Development Corporation Regional PartnersKarl Dehn Matt VanisackerSenior Strategic Advisor Monroe County Business Development Corp.Colin Dillon Phil SanterData & Strategy Manager, PMBC Ann Arbor SPARKChristine RoederSenior Vice President, Growth and Development

6. Background On ProgramAimed at reducing the economic impact of the pandemicAdministered by 15 local economic development organizations across the State of MichiganEach County in the Ann Arbor Region received funding based on population: Hillsdale: $369,000 Jackson: $1.2 million Livingston: $1.5 million Lenawee: $793,000 Monroe: $1.2 million Washtenaw: $2.9 million TOTAL: $8.1 million

7. Who Is Eligible to Apply?Small business or nonprofit with 50 employees or lessIn an industry that has been affected by the COVID-19 crisisDemonstrated income loss as a result of the COVID-19 crisisDemonstrated need for working capital for eligible expensesBusiness not required to have a storefrontMinimum 30% of the funds must be awarded to eligible women-owned, minority-owned or veteran-owned eligible businessesApplicants can apply for up to $20,000 in grant fundsFunding is limited and submitting an application does not guarantee funding

8. What can the Grants be Used for?Eligible expenditures incurred between March 1, 2020 and December 30, 2020 that meet the following criteria:Necessary expenditures incurred due to the public health emergency with respect to COVID-19 (such as resulting from employment or business interruptions due to COVID-19)Working capital to support payroll expenses, rent, mortgage payments, utility expenses, costs related to reopening a business or nonprofit, or other use authorized under the CARES Act

9. What to Expect on Application?www.michiganbusiness.org/restart Please read all instructions carefullyThere are 41 fields to fill outYou must upload two documents - A business certification form (this form must be digitally signed) - A W-9 Form for your business or non-profitBusiness InformationEligibilityEconomic Impact QuestionsIncome Loss Use of Funds

10. IMPORTANT ATTACHMENTSClick this link to download the Applicant Business Certification Form.  Download Applicant Business Certification FormIf the form document opens in your internet browser window, save it to your desktop and then open it from there. The PDF needs to open in Adobe Acrobat for the digital signatures to be viewed and to work. It is a free download and can be downloaded here: https://acrobat.adobe.com/us/en/acrobat/pdf-reader.htmlAt the end of this application, you will also be required to electronically submit a W-9 form for your business or non-profit. If you do not have one, you can find a fillable one at Download IRS W-9 Form

11. Submitting your applicationAfter you complete your application, you will receive an email confirmation of your submission. You will also be able to review your submission in your Connect Space profile.You will be able to edit your responses after you submit your application up until the application closes on August 5, 2020 at 11:59pmPhysical copies of this application will not be accepted

12. WHAT HAPPENS AFTER YOU SUBMIT?Applications close on August 5, 2020 at 11:59 P.M.Award decisions will be communicated to applicants no later than September 30, 2020If approved, a grant agreement will be signed, and funds will be distributed through electronic funds transferElectronic funds will be transferred Funding is limited and submitting an application does not guarantee funding

13. FAQsQ: How can an applicant confirm the application submission was successful?Each applicant will receive an email confirmation after their successful submission.Q: How is the digital signature added to the Applicant Certification Form?DocuSign on the PDF automatically saves the signature to the pdf before uploading. Some folks have found success creating their DocuSign account first here (https://www.docusign.com/)Q: Can you save progress made on the application to return later?No, you must submit the application for it to save progress, after submitting, you may go back in and edit the submission.

14. FAQsQ: Can I see a list of questions that will be required?Yes, refer to the FAQ page on the website. Click on Application questions.Q: Do businesses have to be certified as minority-owned, veteran-owned or women-owned to qualify?For purposes of the Restart grants, businesses are able to self-certify.

15. Local Selection Each county has a local review committee to review applications and ensure eligibilityGrants will be reviewed based on a number of factors, including:the number of employees impactedwagesthe impact of COVID-19 on the businessgeographic diversitythe economic impact of COVID-19 on the business locationa focus on supporting minority, women and veteran-owned businesses.Funding is limited and submitting an application does not guarantee funding

16. Contact InformationQuestions about eligibility or grant-related questionsContact the MEDC Customer Care Center Call Center: 888.522.0103 or email medceconomic@michigan.orgHours are 8 A.M. – 5 P.M. (Closed from 12-1pm for lunch) but you can leave a voicemail outside of those times. Technical questions related to successfully submitting this form, CONTACT: Connect Space, directly at support@connectspaceinc.comQuestions related to creating or accessing a PMBC Connect Space accountCONTACT: Pure Michigan Business Connect at pmbc@michigan.org.

17. QuestionsPlease use the Q&A box to submit a question for the panel.

18.