LANSING, Mich. — Sen. Joseph Bellino applauded the announcement that downtown Adrian will see new private investment thanks to a state grant through the Michigan Economic Development Corporation’s (MEDC) Match on Main program.
“This grant is part of an effort to help communities revitalize their downtowns to help attract new talent and investment, improve the local economy and enhance the quality of life for area families,” said Bellino, R-Monroe. “I thank 101 East Maumee LLC for their commitment to our community, and I look forward to seeing Maumee Street Taproom begin serving customers in downtown Adrian.”
The Michigan Strategic Fund (MSF) has approved over $748,000 in grants to support 31 small businesses across the state through the Match on Main program.
The MSF approved a $25,000 grant for 101 East Maumee LLC to go along with $80,000 in private investment to purchase restaurant equipment and make interior renovations to support a new restaurant, the Maumee Street Taproom, in Adrian.
The Match on Main program serves as a tool to support new or expanding businesses as they seek to launch and grow in core downtown areas and commercial districts by providing up to $25,000 in funding to support an eligible small business through a competitive application process. The fiscal year 2024 application window yielded a total of 113 applicants from 80 communities — the highest participation to date.
The fiscal year 2024 grants are expected to create 76 full-time jobs and activate 8,835 square feet of vacant and underutilized space, with the projects expected to generate a total private investment of more than $2.7 million.
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