Olga Loizon Memorial Foundation Grant (Michigan women entrepreneurs)
Olga Loizon Memorial Foundation (TEAM Schostak Family Restaurants and Olga's Kitchen)
Up to $10,000
Up to $10,000 for Michigan women entrepreneurs with a business plan and a need statement. Closed now; the 2027 round is expected to open later this year.
The Olga Loizon Memorial Foundation gives grants of up to $10,000 to aspiring women entrepreneurs who live in Michigan and have a Michigan business. Applicants complete an online application with a personal statement showing financial need and a formal business plan. The 2026 recipients are posted and the foundation says applications open again later this year for the 2027 grants. The 2026 round awarded $75,000 in total.
- Funding type
- Grant
- Level
- Foundation
- Amount
- $10,000
- Realistic amount
- Up to $10,000; the 2026 round gave $75,000 in total across its recipients.
- Deadline
- Closed for 2026. The funder says applications open again later this year for the 2027 grants; no dates are published yet.
- Status
- between-intakes
- States
- MI
Who qualifies
- Be living in Michigan
- Identify as a woman
- Business must be located in Michigan
- Be able to write a personal statement demonstrating financial need
- Must provide a formal Business Plan
What it covers
Eligible expenses
- Resources to start a business or continue business development (specific uses not published)
Ineligible expenses
- See official program guidance
How to apply
-
1
Watch for the 2027 opening
The foundation page says applications reopen later this year; no date is posted.
~10 min
-
2
Write the personal statement
A statement that shows financial need.
~2 hrs
-
3
Prepare a formal business plan and submit the online application
Incomplete applications are not processed.
~8 hrs
A formal business plan and a financial-need statement are both required, so have them ready before the 2027 form opens; incomplete applications are not processed.
Deadline & timing
The foundation page says "Applications will open again later this year for the 2027 grants". No open or close dates are posted, so check the page in the coming weeks.
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Required documents
- Online application on the Olga's website
- Personal statement demonstrating financial need
- Formal business plan
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Last updated October 31, 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.