Wisconsin Small Business Grants – Overview
Small Businesses were affected worst during the pandemic period. Hundreds of small enterprises are still seeking financial aid to recover from this state.
Wisconsin Small Business Grants are available from state and local agencies to help small enterprises.
Government agencies offer Small Business Grants for small businesses needing financial assistance to redevelop a business or for other purposes.
Many don’t know what funding opportunities are available and how they can receive financial aid.
To help such people, we have prepared a list of all the available resources for Small Enterprises in Wisconsin. Let’s get on to the list now!
Wisconsin Small Business Grants
1. Wisconsin Tomorrow Small Business Recovery Grant
The Wisconsin Tomorrow Small Business Recovery Grant is designed exclusively for small businesses that need financial support.
n September 2024, Wisconsin introduced a new initiative called the Small Business Development Grant (SBDG) program. With a $2 million budget, the program supports the growth of small businesses. Grants range from $50,000 to $250,000 and are provided to local economic development bodies, municipalities, tribal authorities, and counties. The funds are distributed entirely to small businesses within these regions.
The new grants are recently announced under the same grant, i.e., the Wisconsin Tomorrow Small Business Recovery Grant.
This program receives regular funds to allocate to needy businessmen who want to support their collapsing businesses.
2. Paycheck Protection Program
The Paycheck Protection Program is designed for small businesses to keep their business going with the available employees.
It is a government-backed loan program that provides financial assistance to small enterprises.
The Paycheck Protection Program offers eligible businesses the opportunity to apply for loan forgiveness. Once the authority accepts their application, their loan amount will be forgiven.
This means the lender doesn’t need to repay the borrowed loan. The official information about the PPP Forgiveness program and its application procedure is listed at https://www.sba.gov/funding-programs.
3. Wisconsin Small Business Grants
The Wisconsin Small Business Grants portal provides information about all the grants and financial solutions available for small businesses in Wisconsin.
The Wisconsin Small Business Grants offer millions in funds from various state and federal agencies. All these grants are available for small enterprises affected by the coronavirus.
The portal updates the list regularly as new grants come in. Small enterprises should bookmark this page for regular updates about new grants.
Explore the available grants on the portal, avail yourself of the information, and choose the one that suits your requirements.
4. Wisconsin Small Business Development Center
The Wisconsin Small Business Development Center collaborates with government agencies and private organizations to support all enterprises. The organization focuses more on small enterprises to strengthen the state’s economy.
Since the condition of businesses across the globe is changing, the Wisconsin Small Business Development Center has launched a dedicated webpage for all the enterprises operational in Wisconsin.
This webpage gives all the information about the active grants, loans, and guidelines that you may want to know.
The official webpage shows how to avail of the grants and the detailed application process. From this single webpage, find out more about the SBA grants, PPP programs, etc. It contains all the resources that you can explore to receive financial aid.
The best thing about this organization is they have a team of executives who are always ready to help you resolve your queries.
You can contact them over a phone call or by email regarding your queries and requirements.
The Bottom Line:
Wisconsin’s Small Business industry is recovering with various funding opportunities.
This article explains what types of grants and loans are available for small enterprises in Wisconsin.
Explore all the resources available, know about their application process and basic requirements, and apply for a suitable grant or loan for your small enterprise now!
Interactive US Map for Small Business Grants
See Also
Minority Small Business Grants
Small Business Grants in California
Small Business Hardship Grants
Small Business Grants in Texas
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