Small Business Grants in Wisconsin (WI)
Securing a small business grant in Wisconsin involves identifying the right opportunities, understanding the eligibility criteria, and preparing a compelling application. Here are some of the most relevant opportunities for small businesses in Wisconsin:
Wisconsin Economic Development Corporation (WEDC) Grants
The WEDC offers a variety of grant programs to support small businesses in the state. Some popular grant programs include the Small Business Development Grant, the Community Development Investment Grant, and the Entrepreneurship Support Grant
Wisconsin Tomorrow Main Street Bounceback Grant
This program provides grants to approved entities with the capacity to deploy rapid response. The grants are to assist the business with costs associated with leases, mortgages, operational expenses, and other business costs related to the newly opened location.
Wisconsin Fast Forward Grant
Administered by the Wisconsin Department of Workforce Development, this grant program aims to support small businesses in the state.
Milwaukee County Small Business Recovery Initiative Grant
This grant program is specifically for businesses in Milwaukee County. Grants are made in amounts ranging from $7,500 to $20,000.
City of Superior Small Business Grant Program
The City of Superior provides grants based on a sliding scale of 25-50% of the total eligible project costs. Funding is capped at $15,000 per grant.
Wisconsin Tomorrow Small Business Recovery Grant
This program will award $420 million to small businesses in Wisconsin. The program is intended to support businesses who are hardest hit by the pandemic and are key to Wisconsin’s economic recovery.
We’re All In Small Business Grant – Phase 2
Funded by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, this program provides grants to Wisconsin small businesses to help them get back on their feet while also encouraging adoption of best practices to keep employees, customers, and communities safe.
To apply for these grants, you will typically need to provide detailed information about your business, including a business plan, financial statements, and details about how you plan to use the grant funds. You may also need to demonstrate how your business will contribute to the economic development of Wisconsin. It’s important to carefully review the eligibility criteria and application instructions for each grant program, as requirements can vary.