According to the Spartanburg Herald Journal, Michelin North America launched a new program this week to help small businesses in the Upstate. In an effort to stimulate economic development in the region, Michelin Development Upstate will begin offering low-interest loans to to start-up small and medium sized companies.
Applications for the loans are accepted online at www.michelindevelopment.us.
Companies must qualify as socially or economically disadvantaged, in accordance with the US Small Business Administration guidelines. Check out the SBA website for these details.
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