Press Conference May 28 AGENDA Presentations from Regional - PowerPoint PPT Presentation

Press Conference May 28

AGENDA • Presentations from Regional Resiliency Fund Partners • Laura Galbraith, Venture North • Carolyn Bloodworth, Consumers Energy & Consumers Energy Foundation • Brenda McLellan, Traverse Connect • Regional Resiliency Fund Overview: • Eligibility • Priorities • Local Advisors • Timeline • Application and donations

VENTURE NORTH Laura Galbraith, Executive Director • About Venture North • CDFI Focused on Making Capital Available to Small Business • Regional Administrative Agency for the Regional Resiliency Fund • Press Conference Purpose • New Regional Resiliency Fund Purpose

CONSUMERS ENERGY Carolyn Bloodworth Director of Corporate Giving, Consumers Energy Secretary/Treasurer, Consumers Energy Foundation Consumers Energy • Overview • Provided $200,000 grant to launch the Fund • Key indicators of success

TRAVERSE CONNECT Brenda McLellan Director of Investor Relations Traverse Connect • Lead economic development organization for the Grand Traverse Region • Regional Resiliency Fund grant administration role • Importance of grants for small businesses in the region

REGIONAL RESILIENCY FUND: GRANT ELIGIBILITY • Operate in Ben Benzie, e, Gr Grand Traver erse e or Leel eelanau counties ; • Small businesses that employ 9 o 9 or f r fewer r full-time equivalents; • Exist as a fo for-pr profi fit entity; • Currently be open or have a plan to reopen when the Executive Order is lifted

REGIONAL RESILIENCY FUND: GRANT PRIORITIES • Businesses that have been im 19 and ne impacted by COVI VID-19 needs ca capital t to o open a and o or o operate ; • Business has made adjustments to op rate safely and is opera is or will ill open when possible upon permission from the state; • Businesses that have not received CO COVID-19 re 19 related gr gran ants from other sources

LOCAL ADVISORS Benzie County Representative: • Bet Betsy Evans , independent business consultant, Chair of Grow Benzie, and Chair of the Joyfield Township Planning Commission Grand Traverse County Representative: • Je Derenzy , CEO of TC Downtown Development Authority Jean De Leelanau County Representative: • Em Emily Hesto ton , small business owner, Board member of Leelanau Peninsula Economic Foundation

TIMELINE Applications will be available at 10 a.m. on Friday, May 29. Applications will be accepted until 12 p.m. on Friday, June 5.

APPLICATIONS & DONORS https://traverseconnect.com/our-region/regional-resiliency-fund/

QUESTIONS?