Financial Resource

The Wisconsin Department of Administration and Wisconsin Economic Development Corporation have been creating grant programs for certain businesses that have been impacted negatively by COVID-19 or are just seeking help financially. Learn about these great programs, their eligibility requirements.

The objective of the Wisconsin Fast Forward (WFF) standard grant program is to award funds to businesses from all Wisconsin industry sectors that reimburse the costs of customized occupational training for unemployed, underemployed, and incumbent workers.

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.

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.

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.

With infrastructure improvements completed and development plans in place, the Village of Waterford and a few of its local businesses are utilizing RCEDC resources to spur recent development activity.

RCEDC’s most recent Zero Loan Program recipients, Terri and Michael Bannon, owners of Razor Sharp Fitness, used the funds to purchase new fitness equipment, which they anticipate will increase memberships and alleviate the effects from the pandemic.

This event will highlight available financial programs for City of Racine business owners.

In partnership with AEO, Fiserv is pleased to announce the Fiserv Back2Business Grants for Small Business Program, which will award funding to Black- and minority-owned businesses that have been impacted by COVID-19 and social unrest.

According to a BLP report, the financial team saw an increase of 200% in total projects and a 110% increase in total project investment. The majority of projects that BLP assisted with in 2020 were real estate, restaurants and manufacturing.