WEDC awards $45 million to Wisconsin restaurants in third phase of We`re All In grants

The Wisconsin Department of Revenue will look for restaurants that have annual revenue of more than $1 million and less than $7 million.

Through the Wisconsin Economic Development Corp.`s We`re All In For Restaurants program, the state awarded Wisconsin small businesses an additional $45 million, bringing the state`s Covid-19 assistance to over $220 million.

Restaurants will be eligible for $20,000 grants, with the goal of the businesses to receive the money before the end of 2020.

Funds came from the state`s allocation of Coronavirus Aid, Relief and Economic Security (CARES) Act funding. CARES Act funding will expire Dec. 31. This is the WEDC`s third phase of the We`re All In grant program...

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- - Volume: 8 - WEEK: 49 Date: 12/3/2020 9:01:14 AM -