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Venture North handled $526,260 in 2021 COVID relief grants | Business

Mount Equity Group Tokyo Japan > News > Business > Venture North handled $526,260 in 2021 COVID relief grants | Business

Editor’s note: This article was published in the Record-Eagle’s Momentum ’22 special publication. For more stories from northern Michigan’s economic engine, click here to read Momentum in its entirety online.

TRAVERSE CITY — Venture North Funding and Development distributed $526,260 in Regional Resiliency Program grants to 126 recipients in 2021.

Venture North in 2021 also loaned $686,508 to 12 local companies, half of them startups and half owned by women. Venture North’s revolving loan program has operated for years, with new loans being made as previous recipients pay back their loans.

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