Organizations can apply for grants of up to $100,000
The Wisconsin Economic Development Corporation (WEDC) is now accepting applications from nonprofit and community-based organizations for a grant program designed to advance the statewide climate for entrepreneurship.
The Entrepreneurship Support Program provides financial assistance of between $10,000 and $100,000 for projects that promote entrepreneurship and provide Wisconsin entrepreneurs with key resources including training, mentorship, business development and financial services.
The competitive program will provide grants that must be matched by the applicant. Funding can be used for personnel, professional services or materials directly related to the project, but may not be used for land, facility costs or equipment. Projects supported by the program must take place during calendar year 2021.
“The program has proven to be a catalyst in filling resource gaps, launching new initiatives and building strong community networks,” said Aaron Hagar, WEDC’s vice president of entrepreneurship and innovation. “We look forward to seeing what type of innovative grant proposals are developed to provide entrepreneurs throughout the state with the support and resources they need to launch successful businesses.”
Applications are due Oct. 23, and will be evaluated on criteria including applicant capability, project alignment and feasibility, project and financial need, collaboration and potential impact. Application details and additional program information can be found at wedc.org/entrepreneurship-support.