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Thursday, November 21, 2024

Governor Gretchen Whitmer: Announces Main Street Communities Receiving Support for Downtown Improvement Projects

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LANSING, Mich. – Governor Whitmer and the Michigan Economic Development Corporation (MEDC) today announced that eight communities around Michigan have been awarded a total of $160,000 in grants to support downtown enhancement and improvement projects. Governor Whitmer is committed to supporting small businesses as Michigan continues growing its economy. Michigan has added jobs for 10 straight months, including adding 172,000 jobs year over year, and has a low unemployment rate of 4.7% that has declined 10 months in a row.
“Vibrant downtown areas are critical to creating jobs, attracting new investments, and helping local businesses build a foundation for long-term success in Michigan,” said Governor Whitmer. “These grants will help communities in both peninsulas invest in their downtowns, developing unique places where people want to live, visit, work, and play. Small businesses are the cornerstone of our economy, and we must continue working together to help them thrive. Over the last couple of years, entrepreneurship has flourished in Michigan, with over 430,000 new businesses formed since January 2019. Together, we will continue investing in small businesses and helping towns and cities of all sizes build thriving downtowns.”
The Main Street Vibrancy Grant Program provides grants of $20,000 to Select or Master level Michigan Main Street communities for projects that enhance the vibrancy and economic vitality of Michigan Main Street downtowns. Projects could include pop-up shop programs, implementation of a marketing or advertising campaign, physical improvements such as new seating, seasonal infrastructure, signage, or art, and other transformative projects that help create a stronger sense of place and a more vibrant community.
Over the past year, Michigan Main Street communities generated more than $26.6 million in private investment, 127 new businesses and 143 façade and building improvements. Since its inception in 2003, the Michigan Main Street has been a catalyst for job growth, private investment and community engagement. From 2003 through 2018, 1,622 new businesses have been launched, with a total public investment of more than $128.9 million and total private investment of $346 million. In addition, more than 810,704 volunteer hours recorded by Michigan Main Street communities in revitalizing downtowns across the state.

Original source can be found here.

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