In 2020, amidst the economic challenges resulting from the pandemic, the US Economic Development Administration (EDA) was charged with administering the CARES Act Recovery Assistance. The program was designed to provide a wide-range of financial assistance to communities, like Racine County, to help recover from the impacts of the pandemic.
Legacy Redevelopment Corporation in partnership with the City of Racine are offering loans to small for-profit
businesses that are owned and operated in the City of Racine.
Trene McCaskill, owner of H.E.R. Valley – a self-care and revitalization service in Racine – will celebrate the grand opening of her new location at 904 State St. on July 9th at 11:45 a.m.
To help encourage business improvement, retention and attraction, the Village of Sturtevant created a new program with favorable loan terms – little to no equity requirement, low-interest, and principal deferrals.
On Saturday, December 4th, Tom and Sue Haman celebrated the grand opening of their new Culver’s location on Douglas Avenue, across from O&H Danish Bakery and Starbucks.
This year, Jellystone Resort in Caledonia was named the “Resort of the Year” by the Jellystone franchise. This award is given to one location per year and the Jellystone franchise is especially happy about the expansion and projects Jellystone Caledonia has completed the past couple of years to aid in the client’s demands for the park.
The goal of the Main Street Bounceback Grants program is to provide financial support to businesses that move into existing vacant commercial properties, helping to create a foundation for long-term success for themselves and their communities.
Dan Gallagher started Mybread Bakery with a mission to provide gluten-free breads that are safe for those with food allergies, but not compromise taste or quality. Three years later, Gallagher relocated from Chicago to Racine – with help from the Racine County Economic Development Corporation – and expanded operations by renting a larger space, purchasing better machinery, and hiring additional employees.
There are a lot of funding opportunities available to minority business owners. These may meet eligibility requirements for business funding from government agencies and private groups. Here are some of the funding opportunities and grant applications available.
A new Revolving Loan Fund (RLF) program was capitalized by Racine County to support local companies impacted by the Foxconn development in Mount Pleasant, Wisconsin. The new program is referred to as the Greater Racine County RLF.