News and Updates
Entrepreneurial sector in metro-Detroit will continue to fuel Michigan’s economy with announcement of ‘Growing Communities’ grant winners
Michigan Economic Development Corporation and Citizens Bank award micro-grants to 70 small businesses.
DETROIT – Today the Michigan Economic Development Corporation (MEDC) and Citizens Bank announced the latest round of micro-grants to Eastern Market Corporation and 70 local small businesses in Southeast Michigan. The grants, totaling $175,500, will be used for new equipment or other items intended to help the businesses expand or become more efficient.
While the full listing of micro-grant recipients is detailed and available to download here, the funds will be used for a variety of small business needs such as:
- Point of Sale systems
- Tractor with tiller attachment
- Pressure sterilizer and steam generator (mushroom grower)
- Walk-in freezers or coolers
- Label printers
A full list of micro-grant recipients can be downloaded here.
About the Michigan Economic Development Corporation
The Michigan Economic Development Corporation serves as the state’s marketing arm and lead advocate for business growth, jobs and opportunity with a focus on helping grow Michigan’s economy. For more on the MEDC and its initiatives, visit www.michiganbusiness.org. For Michigan travel news, updates and information, visit www.michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check www.mitalent.org, where more than 96,000 jobs are currently available in a variety of industries.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $135.4 billion in assets as of September 30, 2015. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle‐market companies, large corporations and institutions. In Consumer Banking, Citizens helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank branches in 11 states in the New England, Mid‐Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in select markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not‐for‐profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance. Citizens operates through its subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.
For more information, call 313.833.9300, visit our website at EasternMarket.com and follow us on Twitter and Instagram: @EasternMarket using #EasternMkt, and Facebook: EasternMarketDetroit.