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  • March 20, 2020

    WEDC Announces Targeted Grants to Small Businesses Suffering Losses Due to Coronavirus Emergency

    The Wisconsin Economic Development Corporation (WEDC) is creating a program to provide grants to targeted Wisconsin businesses. This $5 million grant program will assist “smallest of the small” businesses around state.

    In another step toward assisting small businesses that suffer losses related to the COVID-19 health emergency, the Wisconsin Economic Development Corporation (WEDC) is creating a program to provide grants to targeted businesses throughout the state, WEDC Secretary and CEO Missy Hughes announced today.

    The WEDC Board of Directors on Tuesday approved $5 million in funding for the program, which will be known as Small Business 20/20 (SB20/20). SB20/20 will provide grants of up to $20,000 to targeted businesses with no more than 20 employees to cover rent and to meet payroll expenses, including paid leave (including sick, family and other leave related to COVID-19).

    Find out more in their article, WEDC Announces Targeted Grants to Small Businesses Suffering Losses Due to Coronavirus Emergency, on wedc.org.

    See more articles and notices in the Coronavirus & the Law Blog from the State Bar of Wisconsin. To be notified of updates to this blog, subscribe to the Coronavirus & the Law Blog's RSS feed via this link at feeds.feedburner.com.

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    Coronavirus & the Law, published by the State Bar of Wisconsin, includes legal, law practice, and other information about the impact of coronavirus. To contribute to this blog, contact Shannon Green.

    Disclaimer: Views presented in blog posts are those of the blog post authors, not necessarily those of the Section or the State Bar of Wisconsin. Due to the rapidly changing nature of law and our reliance on information provided by outside sources, the State Bar of Wisconsin makes no warranty or guarantee concerning the accuracy or completeness of this content.

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