In May, the Michigan Economic Development Corporation and Michigan Women Forward let the public know about their $1.5 million fund. The latter was created to assist female business owners in navigating the hardships brought about by the coronavirus crisis. If you’re looking for such funds and need fast and easy access to a bad credit merchant account, this article is for you.
Grants & Michigan Entrepreneur Resilience Fund for Women Entrepreneurs
Are you an entrepreneur or small business owner going through hard times because of COVID-19? The Michigan Entrepreneur Resilience Fund has announced recovery grants ranging from $1.000 to $5.000 and microloans between $5.000 and $10.000.
The latter funds are created to help small businesses manage their expenses during the recovery process. You can spend the funds on things like rent, payroll, inventory, etc.
When it comes to grants, here’re two of them. First, Awards to USA, Canada, and International Early Stage Women Entrepreneurs to Encourage Outstanding Business Initiatives. This grant is for women entrepreneurs from all sectors and is designed for businesses run and led by female entrepreneurs. The deadline is 07/31/20 2:00 PM Paris Time (CEST).
Second, Awards to USA Women to Recognize Outstanding Commitment to Community and the Fight Against COVID-19. These awards of $10.000 and additional $25.000 are announced for U.S.A. women with an exceptional commitment to community-focused volunteering. There’s another award as well that’s for women with an outstanding commitment to the fight against COVID-19. 06/30/20 11:59 PM EST is the deadline for this grant.
Bad Credit Merchant Account & More Funds for Female Entrepreneurs
According to Liz Sara, Chair at the National Women’s Business Council (NWBC), in these challenging times, it’s vitally important to help underserved entrepreneurs so they can recover easily.
No matter you need access to additional working capital or reliable merchant processing services, you have more than one option to try. One of the great ways is to turn to a reputable alternative online lender or payment processor that can give you fast and hassle-free access to the services you need, including a bad credit merchant account.
Now, female business owners and entrepreneurs in the country are adapting to the new normal. So, it’s critical to help them with accessing the necessary financing to stay afloat and move forward successfully. As you see, there’re multiple funds female business owners and entrepreneurs can apply for while passing through the COVID-19 recovery process.
Author Bio:– Michael Hollis is a Detroit native who now lives in Los Angeles. He is an account executive who has helped hundreds of business owners with their bad credit merchant account solutions. He’s experimented with various occupations: computer programming, dog-training, scientificating… But his favorite job is the one he’s now doing full time — providing business funding for hard working business owners across the country.