Gov. Evers Announces Application Dates for $420 Million in Wisconsin Tomorrow Small Business Recovery Grants
Participating businesses to receive $5,000; grant program to help up to 84,000 Wisconsin small businesses By Gov. Tony Evers - May 24th, 2021 07:02 am
MADISON Applications for up to $420 million in new Wisconsin Tomorrow Small Business Recovery Grants for small businesses affected by the COVID-19 pandemic will open at 8 a.m. Monday, May 24 through 4:30 p.m. Monday, June 7, Governor
The Wisconsin Tomorrow Small Business Recovery Grants program is 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).
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.
Gov. Evers announces up to $420M for small businesses affected by COVID pandemic cbs58.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbs58.com Daily Mail and Mail on Sunday newspapers.
A new agreement between Foxconn Technology Group and the state announced Tuesday dramatically scales back the number of jobs the company promises to create to only 1,454 and reduces the capital investment to a fraction of what was originally promised.
In return, Foxconn stands to receive far less state cash.
The agreement allows for Foxconn to get a maximum of $80 million in tax credits compared to the previous agreement which would have granted the company $2.85 billion in state money if the company met certain hiring and capital investments.
Foxconn four years ago promised to bring 13,000 high-tech jobs to Wisconsin and create a massive Racine County facility that former Gov. Scott Walker and President Donald Trump, both Republicans, heralded as transformational for the state s economy.