5 Wisconsin Small Business Grants

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.

To help small enterprises, Wisconsin Small Business Grants are available from the federal department.

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.

Recently, the governor of Wisconsin announced a $420 million Wisconsin Tomorrow Small Business Recovery Grant to help small enterprises active in Wisconsin.

Wisconsin Tomorrow Small Business Recovery Grant

Wisconsin Tomorrow Small Business Recovery Grant

The participants will receive financial aid of $5,000 through the allotted funds. They aim to provide a $5,000 grant to over 84,000 small enterprises across Wisconsin.

To fund more of the small enterprises in Wisconsin, the governor announced $75 million in grants in the previous month.

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 business.

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 grants program that provides financial assistance to small enterprises that were affected during the pandemic.

Wisconsin Small Business Grant

Paycheck Protection Program

The Paycheck Protection Program helps businesses 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 over $20,000 million in funds with an additional $9,000 from government-backed 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. Covid-19 Economic Injury Disaster Loan

Small Business Administration offers COVID-19 Economic Injury Disaster Loan to affected businesses due to the pandemic. The government backs this program to support small businesses with minimum financial support.

Wisconsin Small Business Grant

The program provides accessible and borrower-friendly loans with easy repayment options. The low-interest loans, loan forgiveness applications, and all the other useful information are available on their official portal.

The deadline for the COVID-19 Economic Injury Disaster is approaching. You are requested to proceed with the application process to qualify for the loan or the grant money that is still available.

Besides the Economic Injury Disaster Loan, the same portal offers Targeted Economic Injury Disaster Loans and Supplemental Targeted Advance programs for small businesses. All of these programs end in December month.

5. 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 write an email regarding your queries and requirements.

The Bottom Line:

Wisconsin’s Small Business industry is growing rapidly as they have numerous 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 Grants in Ohio

Small Business Hardship Grants

Small Business Grants in Texas

Grants for Minority Women

Current Version
December 25, 2021
Written By
Shubham Grover

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