As small businesses in Wisconsin face ongoing challenges amid the COVID-19 pandemic, Wells Fargo announced a new wave of support for entrepreneurs from its Open for Business Fund. The company awarded a total of $2.35 million in grants to three Wisconsin nonprofits and CDFIs to provide women, Native American, and minority-owned small businesses with greater access to low-cost capital and recovery resources that can help them grow:
- Wisconsin Women’s Business Initiative Corporation (WWBIC)
- First American Capital Corporation, Inc. (FACC)
- Riverworks Development Corporation (RDC)
The grants will be used to support entrepreneurial coaching, technical and operational assistance, and equity building across these organizations.
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