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So, how does one get stimulus money to start a small business in Mich. or

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zonkers Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 04:26 AM
Original message
So, how does one get stimulus money to start a small business in Mich. or
some other state with a depressed economy. Any advice?
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 06:44 AM
Response to Original message
1. start here
Your Local SBA
Michigan District Office
477 Michigan Avenue
Suite 515, McNamara Building
Detroit, Michigan 48226
(313) 226-6075
http://www.sba.gov/localresources/district/mi/index.html

financing: http://www.sba.gov/localresources/district/mi/financing/index.html

Approved MicroLoan Participants
http://www.sba.gov/localresources/district/mi/financing/MI_MICRO.html
The MicroLoan Program was developed to increase the availability of very small loans to prospective small business borrowers. Under this program, the SBA makes funds available to nonprofit intermediaries, who in turn make loans to eligible borrowers in amounts that range from under $100 to a maximum of $25,000. The average loan size is $10,000. Completed applications can usually be processed by the intermediary in less than one week.


Startup Guide
http://www.sba.gov/smallbusinessplanner/plan/getready/serv_sbplanner_stguide.html
This small business guide is intended to serve as a roadmap for starting a business. It is both comprehensive and easy to use. It also includes numerous electronic links for additional information. Use this powerful interactive tool, with many supporting resources to help you start a successful business.

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