May 21, 2020

Gov. Evers Announces $75 Million Grant Program for Small Businesses

Governor Tony Evers and the Wisconsin Economic Development Corporation announced a major new initiative that combines federal CARES Act funding with specific Wisconsin programs aimed at helping small business respond to and recover from the effects of the COVID-19 health emergency.

Details of the grant’s requirements are still being finalized. The following information was included in the May 18 announcement.

  • Grants in the amount of $2,500 will be available for small businesses with 20 or fewer full-time employees impacted by COVID-19 that have not already received WEDC COVID-19 assistance.
  • Up to 30,000 businesses may receive grants.
  • The application period for these grants will open in June.

The We’re All In initiative includes $2,500 cash grants to assist with the cost of business interruption or for health and safety improvements, wages and salaries, rent, mortgages, and inventory.

Those interested in receiving up-to-date information on the We’re All In initiative, including the timeline for the applications for the We’re All In Grant Program, can subscribe to daily alerts at www.wedc.org/focus-forward.

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