Recent communication from the WEDC announces an additional $50 million of federal CARES Act funding fro Wisconsin Small Business.
The Wisconsin Economic Development Corporation (WEDC) is opening up a second phase of We’re All In Small Business Grants, making available an additional $50 million of federal CARES Act funding to Wisconsin businesses hard hit by the COVID-19 pandemic.
We’re All In Small Business Grant – Phase 2 makes federal funding available to Wisconsin small businesses that were unable to apply for Phase 1 of the program. And, it makes additional funds available to companies that were awarded Phase 1 grants.
We’re All In Small Business Grants of $5,000 are available through this Phase 2 program to Wisconsin businesses with more than $0 but less than $1 million annual revenues (gross receipts less returns and allowances) and one to 50 full-time equivalent employees (FTEs) in 2019. Additional eligibility requirements apply.
Applications for We’re All In Small Business – Phase 2 Grants will be accepted from 8 a.m., Monday, Oct. 19, to 11:59 p.m., Monday, November 2, 2020.
For more information about the eligibility requirements and limitations of the We’re All In Small Business – Phase 2 Grants, visit revenue.wi.gov.
Please be prepared to apply for this funding opportunity when the application window opens October 19, 2020.
Thank you and stay safe.
Wisconsin Department of Revenue