Governor Gretchen Whitmer announced that Michigan has secured continued Small Business Administration (SBA) support for 28 counties and census tracts through the SBA’s HUBZone program. This initiative aims to fuel small business growth in historically underutilized zones by awarding 3% of federal contract dollars to HUBZone businesses annually.
“Small businesses are the backbone of Michigan’s economy,” said Governor Whitmer. “The SBA’s HUBZone program will continue to support communities by connecting small business owners to federal contract dollars, creating high-skilled, good-paying jobs right here at home.”
Over the last five years, Michigan’s economic programs have helped companies in these zones announce projects expected to create over 1,800 new jobs and more than $3.5 billion in planned private investment.
Reporting for WGRT – Choze Powell
