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Michigan Good Food Loan Fund

Sponsor
Michigan Good Food Fund
Deadlines
Applications accepted on an ongoing basis
Contact

734.213.3999 Ext. 212
info@MIGoodFoodFund.org

Purpose

The Michigan Good Food Fund offers financing for enterprises working to increase access to affordable, healthy food in low-income and underserved communities in Michigan.

Loans may be used for:

  • Permanent working capital
  • Inventory
  • Equipment purchase
  • Real estate acquisition
  • Construction and property improvements
  • Facility expansion or upgrades
  • Business process upgrades

Projects are evaluated based on the following goals and priorities:

  • Healthy food access: Increase access to healthy food as a means to improve the health of all Michigan residents
  • Economic development: Drive economic development and job creation to grow Michigan’s economy
  • Racial and social equity: Ensure equitable access to food, jobs, ownership, and flexible investment capital
  • Environmental stewardship: Encourage sustainable environmental practices
  • Local sourcing: Increase the sourcing and supply of locally grown and regionally produced foods
Eligibility

Eligible entities are mission-driven enterprises working to increase access to healthy food in Michigan. This includes the range of businesses that grow, process, distribute, and sell healthy food that reaches low-income and underserved communities.

Examples of enterprise types and eligibility criteria are provided in the the financing overview brochure.

Geographic coverage
Michigan
Amount of funding

Loan amounts and terms are based on need and fund availability. Sample terms are provided in the financing overview brochure.

Application process

Links to resources and the online inquiry form are available on the program website.

Tagged as
Capital funding · Community and economic development · Food security and nutrition · Health disparities · Racial and ethnic groups · Michigan



For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.