The funds will be made available through the State Small Business Credit Initiative, which under the federal American Rescue Plan Act is distributing $10 billion nationally.
Wisconsin will soon receive nearly $80 million in federal funding to support small businesses as they open and grow across the state.
Gov. Tony Evers` plan for issuing the SSBCI money includes $50 million that will help the Wisconsin Economic Development Corp. create a revolving venture capital fund to aid in the launch and expansion of startups.
See Also:
State getting $80 million for venture fund, expansion of other programs for entrepreneurs
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- - Volume: 11 - WEEK: 9 Date: 3/2/2023 7:58:01 AM -