News Archive

Michigan Work Share Program May Help Struggling Businesses
May 14, 2020 - EDA's CEO, Dan Casey, discusses how the federal Work Share program that Michigan is participating in may help employers retain skilled workers, while reducing payroll expenses.  Employers can reduce hours from 10-60%, with unemployment wages making up the difference.  Employers must maintain an employee's fringe benefits....

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Community Foundation grants EDA $25,000 for Minority and Women-Owned Businesses
May 6, 2020 - St. Clair County, Michigan -- The Community Foundation of St. Clair County is pleased to announce it will provide $25,000 in grant funding to the Economic Development Alliance of St. Clair County to support minority and women-owned businesses hurt by COVID-19 in the St. Clair County region.    “We...

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Relief Grants Awarded to Thirty St. Clair County Small Businesses
April 16, 2020 - Nearly two weeks ago, thirty St. Clair County businesses were selected to receive Small Business Relief Grants from The Michigan Strategic Fund. The program authorized the Michigan Economic Development Corporation (MEDC) to provide up to $10 million in small business grants and $10 million in small business loans statewide to businesses affected...

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$349 Billion Paycheck Protection Program Opens Today
April 3, 2020 - Relief is on the way to many small businesses with the $349 billion Paycheck Protection Program which opens today.  The PPP offers federally backed loans of up to $10 million to employers with fewer than 500 employees (and some larger employers depending on SBA size standards).  This program is for any...

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Small Business Relief Funding Expands Under CARES Act
March 31, 2020 - Important Small Business Relief updates related to the CARES ACT Coronavirus Aid, Relief, and Economic Security Act Details: First, is my business eligible if I have over 500 employees?  Yes, possibly. Depending on your industry, a small business can be a business with a maximum of 250 empSloyees or a maxium...

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St. Clair County Business Relief Grants
March 25, 2020 - St. Clair County, Michigan  The Michigan Economic Development Corporation (MEDC) has approved a regional grant for the I-69 Thumb Region submitted collaboratively by Region 6 economic development partners.  Approval of this grant in the amount of $850,000 allows the I-69 Thumb Region, consisting of seven (7) counties, to issue prompt Small...

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SBA Covid-19 Disaster Loans for Small Businesses
March 18, 2020 - The U.S. Small Business Administration is making low-interest federal disaster loans available to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). This relief loan assistiance is provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act signed by the President. The U.S....

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Covid-19 News, Updates & Resource Links
March 16, 2020 - We realize that Coronavirus (Covid-19) pandemic has impacted businesses and the economy worldwide.   The Economic Development Alliance (EDA) understands that situations like these can have a huge impact on everything from supply chains to workforce talent. If there is anything we can do to help with resources to...

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EDA and CVB Working Together to Attract Great Lakes Cruise Ships
March 6, 2020 - The Economic Development Alliance team has partnered with the Blue Water Area Convention & Visitors Bureau to pursue the Great Lakes Cruising industry in the hopes of making the “Port of Port Huron” a near-future cruise port.   There is a growing HOT demand for Great Lakes Cruising ...

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St. Clair County, Michigan,  celebrates over $1 billion in economic impact, 526 jobs and nearly 300 housing starts in 2019
February 12, 2020 - The Economic Development Alliance celebrated the region's economic results and impact from 2019 with a crowd of stakeholders, economic partners and community leaders at its 2020 economic growth luncheon on Tuesday, February 11th at CityFlats.  In 2019, the local economy benefited from 526 news jobs, 282 housing starts and investments over...

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