Stimulus update: Michigan to send monthly payments of $528 to low-income small-business owners in eight days

The next round of $528 monthly payments will be sent out in eight days to small businesses and entrepreneurs in Ann Arbor, Michigan.

The Guaranteed Income to Grow Ann Arbor program selected 100 participants randomly from an applicant pool of small-business owners and entrepreneurs who demonstrated financial needs. It’s a two-year guaranteed income pilot program led by the University of Michigan’s Poverty Solutions team, and $1.6 million in federal American Rescue Plan funds was allocated toward the program.