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Central Upper Peninsula Small Business Support Hub awards over $105,875 to small businesses in the U.P.

Jan 02, 20257 months ago

Contract Type

partnership

MichiganNon ProfitGovernment

Description

The Hub has completed its first direct grant cycle and is preparing for the remaining three cycles to support local entrepreneurs. Over $400,000 will be available in direct grants to businesses. The first grant cycle benefited a diverse range of businesses across the region.

Company Information

Company

Central Upper Peninsula Small Business Support Hub

Location

Michigan, United States

About

The Hub is a collaboration of regional economic development organizations that aims to empower small businesses by providing resources, guidance, and funding to foster economic growth in the U.P.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months