The Wisconsin Department of Revenue (DOR) and the Wisconsin Economic Development Corporation (WEDC) have collaborated to develop a program to aid small businesses impacted by COVID-19. A total of $420 million, in grants of $5,000, will be awarded to each approved small business.
Businesses that already received a ‘We're All In Small Business Grant’ from WEDC or DOR are eligible to apply if the required criteria is met. Awarded grants can be used for any business operating costs, including wages and salaries, rent, mortgages, and inventory, and/or for health and safety improvements.
To be eligible, ALL of the following must be met:
The application should take approximately 15 minutes and must be completed in one session. It will only be open from Monday, May 24, 2021 8:00am – Monday, June 7, 2021 4:30pm. Grants will be issued by June 30, 2021. Only one grant will be awarded to each individual/entity regardless of the number of business divisions owned (exceptions include spouses with separate businesses and corporations within a federal consolidated group/Wisconsin combined group).
For more information on this program, please visit: https://www.revenue.wi.gov/Pages/TaxPro/2021/WisconsinTomorrowSmallBusinessRecoveryGrant.aspx#10
If you have any questions or need assistance, contact SVA today.