Small Business
Financial Resources
Which financial resource is right for me?
There are several types of funding options available to meet your small and medium business's needs. Each type has specific characteristics that are important to understand. Multiple funding types may be suitable for you.
Disclaimer: the recommendations are not exhaustive and do NOT guarantee approval.
Get additional assistance by filling out our request form here or contact us at our call center directly 844-333-8249.
Crowdfunding
Crowdfunding may be right for your business if the business has a large, supportive network willing to contribute to its success.
Grants
Grants are typically a no regret funding option, especially for businesses that are struggling financially, as the money does not need to be paid back.
Investment
Investors provide capital for a business usually in exchange for convertible debt or ownership equity.
Loans
Loans allow a business the flexibility to cover their expenses or make necessary investments, while paying back the money over time, typically with some interest.
Narrow your search
Motor City Match Round 23
Motor City Match connects new and expanding businesses with services and space to grow, providing them with the funding and tools to fuel the city’s entrepreneurial revolution. The Cash and Restore Tracks Award offers gap-funding grants of up to $100,000.
Eligibility:
- Awardee businesses must contribute a minimum of 10% of the total project costs in equity investment
- Financial Assistance Award Grants will not exceed 50% of total project costs
Terms:
Max Amount:
Up to $100,000
Program deadline:
Application deadline:
April 2, 2023
Learn More
Our Strong Start (OSS): Caring for MI Future Grants
Our Strong Start (OSS) is part of the Caring for MI Future. Our Strong Start is focused on recruiting new child care entrepreneurs and helping current child care businesses expand. A team of trained navigators will connect child care entrepreneurs with grant opportunities and work with potential child care entrepreneurs to troubleshoot any concerns they may have about starting or expanding their child care business. Our Strong Start has technical assistance tool kits, trainings, and other resources to prepare new or expanding child care business owners to meet their goals!
Eligibility:
Michigan-based Childcare entrepreneurs
Terms:
Max Amount:
Program deadline:
Application deadline:
Accepting applications