(CBS DETROIT) – A $10 million dollar pandemic grant is being awarded to small businesses in Michigan.

Those facing financial hardships can apply for a grant worth up to $15,000 on Dec. 15.

The Michigan Strategic Fund approved the multi-million dollar initiative, funded by CARES Act dollars.

Michigan Economic Development Corporation will be accepting applications.

MORE FROM CBS DETROIT: Missed Gov. Whitmer’s Press Conference? Here’s Her Update On The State’s Response To COVID-19

MORE FROM CBS DETROIT: Sterling Heights Police Seek Man Who Opened Fire At Woman In Parking Lot

MORE FROM CBS DETROIT: Woman Turns Herself In After Fatally Stabbing Husband During Domestic Dispute In Detroit

© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.