Michigan HB4998 amends the Michigan Nonprofit Development Fund to enhance support for nonprofit entities, including technical assistance and.
Michigan HB4998 amends the Michigan Nonprofit Development Fund to provide expanded support for nonprofit entities. The bill establishes the Michigan Nonprofit Development Center Program to offer nonprofit assistance and services, including training and technical assistance on various topics such as budgeting, marketing, and fundraising. Additionally, the fund can provide interest-free micro bridge loans to qualifying nonprofit entities that have been awarded government grants or contracts but have not yet received the funding.
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- Legal Framework
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