Introduced
by
To authorize subsidies from the Michigan Strategic Fund for "microenterprise businesses," defined as new or existing businesses with five or fewer employees, including startup and home-based businesses, and self-employed individuals. The subsidies could be loans or grants of up to $25,000. The bill would establish a state “Center on Microenterprise Development Policies,” and a state “Microenterprise Development Advisory Board” appointed by the governor to determine which enterprises would be given the government subsidies, and which would not.
Referred to the Committee on Commerce
