Program Description
In response to the COVID-19 crisis, The Michigan Economic Development Corporation, in conjunction with
the Detroit-based crowdfunding platform, Patronicity, has developed “MI Local Biz”, a creative funding
mechanism to offer quick access to capital for small local businesses in this great time of need. The
MEDC will match crowdfunding raises on a 1:1 basis up to $5,000 for eligible small businesses
experiencing economic challenges as a result of COVID-19.
Applications are now closed
Please review the Overview
Document below for full details on the rules & eligibility of the MI Local Biz
program.