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Gov. Evers Announces $420 Million in Wisconsin Tomorrow Small Business Recovery Grants
Participating businesses to receive $5,000; grant program to potentially help approximately 84,000 Wisconsin small businesses By Gov. Tony Evers - Apr 22nd, 2021 01:17 pm
WAUWATOSA Gov.
Tony Evers today announced the state will award up to $420 million to small businesses affected by the COVID-19 pandemic through the new Wisconsin Tomorrow Small Business Recovery Grant program, a collaboration between the Wisconsin Economic Development Corporation (WEDC) and the Department of Revenue (DOR). The effort, funded by the American Rescue Plan Act of 2021 (ARPA), has the potential to help approximately 84,000 Wisconsin small businesses that have an annual gross revenue between $10,000 and $7 million. Under the program, small businesses would be eligible for grant awards of $5,000.