Nine Michigan small businesses will receive $200,000 each from the Consumers Energy Foundation to help them survive the coronavirus pandemic.
JACKSON, MI (AP) — The Consumers Energy Foundation is donating $1.8 million to nine organizations to provide a lifeline to small businesses — particularly female- and minority-owned companies — impacted by the coronavirus pandemic.
Grant recipients include the Saginaw Future’s Small Business Fund, the Greater Grand Rapids Chamber Foundation’s Rapid Response Economic Relief Fund and the Jackson Community Foundation’s Small Business Fund.
Organizations will receive $200,000 each. They will provide funding directly to small businesses in their communities.
Consumers Energy Foundation President Brandon Hofmeister said small businesses are the backbone of the economy and have been “significantly impacted during this unprecedented time.”
The Jackson-based Consumers Energy Foundation says it has given more than $3 million to meet the needs of Michigan residents affected by the COVID-19 virus.