To support the viability of Dearborn’s most affected small businesses and entrepreneurs during the COVID-19 crisis, a partnership of New Economy Initiative (NEI), ACCESS, the City of Dearborn and its East and West Dearborn Downtown Development Authorities, and the Warren and Dix/Vernor Business Improvement Authorities will administer an emergency fund that provides working capital grants in amounts up to $5,000 to qualifying applicants. These grants are intended to help businesses for 30 days while other resources become available. The following is the investment criteria for financial support:
The Dearborn Small Business Relief Grant is designed to support small, vulnerable businesses including:
The fund will be available to all Dearborn-based businesses meeting the eligibility requirements.
Funds will be granted to only one business per applicant. Each business will receive only one grant. An applicant who owns more than one business should determine which of their businesses is in most need of the grant, and only apply for that business.
We will accept applications from beginning Monday, April 27, 2020 at 9am until Friday, May 1, 2020 at noon. Applications must be submitted online on the ACCESS website. No other form of application submission will be reviewed.
In preparation, business owners should be collecting documents to verify eligibility, such as their 2018 or 2019 tax return; profit and loss statement for 2019; mortgage note or lease; utility bills; and receipts. Michigan business entity identification number and employer identification number (EIN) will be required. Click here for the Michigan business entity search to look up your Michigan business entity ID number.
Applications will be reviewed and decisions made before the second week of May. A grant review committee from the Dearborn area will review and approve/deny the grant applications. Grants will be disbursed by ACCESS. Be prepared to provide your banking information if selected. Awardees will be notified by the second week of May, via email.
Grantees will receive funds via automatic payment (ACH) deposited to their bank account or printed check. Grantees should have their business account and routing numbers available for quicker payment. CashApp, Venmo, PayPal and other platforms are not acceptable payment options.
Applications will be evaluated based on all the data requested. Not all applicants will be funded.
There are several measures that will cause an application to be evaluated more favorably. These include, but are not limited to, the following (in no specific order):
Household size 1 2 3 4 5 6
80% of AMI $44,000 $50,250 $56,550 $62,800 $67,850 $70,880
Chart data source: U.S. Department of Housing and Urban Development
We are not able to respond to applicant inquiries via phone and email. Please refer to our website for information.
Yes. Through the collaboration of the various business organizations in Dearborn, there is a Business Assistance Team consultation service available for all applicants. You will be notified of this opportunity via email.
The Business Assistance Team is made up of the following business and government organizations, including: ACCESS, City of Dearborn, East and West Dearborn Downtown Development Authorities, Warren and Dix/Vernor Business Improvement Authorities, Wayne County, MEDC, Dearborn Area Chamber of Commerce and American Arab Chamber of Commerce.