Governor announces $75M in grants to help businesses in underserved Wisconsin communities

Programs to be paid for using federal pandemic relief funds

Communities of color throughout Wisconsin could receive support for business investment under new grants totaling $75 million. Gov. Tony Evers said Tuesday the grants are meant to help those communities rebound from the economic effects of the COVID-19 pandemic.

Grants of $37.5 million will go to chambers of commerce for underserved communities as part of the state Diverse Business Assistance Grant program. The other half of the money, which will be used for the state Diverse Business Investment Grant program, will go to small businesses by way of community development funds.

All of the money comes from Wisconsin`s share of federal pandemic relief funding from the American Rescue Plan Act....
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- - Volume: 9 - WEEK: 41 Date: 10/7/2021 8:11:42 AM -