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Thursday, November 21, 2024

SBAM Foundation announces Small Business Support Hub Grant Program

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Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website

Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website

The SBAM Small Business Support Hub (SBSH) Grant Program aims to support established first and second-stage businesses disproportionately impacted by the COVID-19 pandemic. The program offers free programming, courses, events, and support to help businesses recover and achieve success.

To participate, interested parties can visit www.sbam.org/sbsh-grant. Applications are managed through Submittable®. Applicants need to log in or create a free account on Submittable® to complete the application process, which takes about 20 minutes. Personal financial information is not required for qualification.

Upon approval, participants gain access to a comprehensive catalog of programs, courses, events, and support provided by subject matter experts. Categories include marketing, growth strategy, leadership development, operations, financial literacy, human resources, sales strategy, communication skills, IT, mentorships, compliance, capital development, and certification.

The SBSH Grant Program also offers direct monetary grants for business stability and growth. To qualify for these grants, participants must engage in the program's offerings within six months prior to applying.

Funding for this initiative is provided by the SBAM Foundation in partnership with the Michigan Economic Development Corporation and supported by federal award number SLFRP0127 from the U.S. Department of the Treasury.

By Meghan Mott; originally published in SBAM’s July/August 2024 issue of FOCUS magazine

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