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Michigan creates Office of Small Business Growth to assist entrepreneurs and coordinate state programs

Original title: Economic development: Michigan strategic fund; office of small business growth; establish.

Last action · May 21, 2026: REFERRED TO COMMITTEE ON APPROPRIATIONSSponsor: Sarah Anthony

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

The bill establishes the Office of Small Business Growth within the to support small businesses, coordinate state agency services, and provide technical assistance. Headed by a small business administrator appointed by the governor, the office would maintain a one-stop resource website and submit an annual report by April 10.

Why it matters

Entrepreneurs and business owners with fewer than 500 full-time employees would gain access to centralized technical guidance, financing resources, and regulatory information through a dedicated state office.

Background
  • The Michigan Strategic Fund is an autonomous agency operating within the Department of Labor and Economic Opportunity to promote economic development and business growth in Michigan. context
  • Michigan Act 270 of 1984 established the Michigan Strategic Fund to coordinate state economic development programs and financing. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Small businesses

Businesses employing fewer than 500 full-time employees gain access to centralized technical assistance, a one-stop resource website, and coordinated state economic development programs.

Directly affected

Entrepreneurs

Individuals starting new businesses receive step-by-step startup guidance, statewide outreach, and training workshops.

Directly affected

State agencies

State agencies providing small business services must coordinate their programs with the newly established office to streamline processes.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who qualifies as a small business under this bill?
A small business is defined as a business concern incorporated or doing business in Michigan, including its affiliates, that is independently owned and operated and employs fewer than 500 full-time employees.
What is the main purpose of the new website required by the bill?
The one-stop website must provide step-by-step instructions on governmental requirements for starting and operating a business, serve as a resource for grants and loans, and direct businesses to relevant organizations and government entities.
Who leads the Office of Small Business Growth?
The office is headed by a small business administrator who is appointed by the governor with the of the senate.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

2 actions
  1. May 21, 2026SenateCommittee
    REFERRED TO COMMITTEE ON APPROPRIATIONS
  2. May 21, 2026SenateIntroduced
    INTRODUCED BY SENATOR SARAH ANTHONY

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

Office of Small Business Growth, Michigan Strategic Fund
OrganizationOffice of Small Business Growth“The new office established by the bill to support small businesses.”Map →
OrganizationMichigan Strategic Fund“The fund within which the office of small business growth is created.”Map →

Sources

Open source document

legislature.mi.gov

Analysis Score

0–100
  • Significance55
    How much this matters to a regular citizen
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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