Entrepreneurs and startups throughout Dane County will gain access to much-needed capital to grow their businesses thanks to a partnership between the Wisconsin Economic Development Corporation (WEDC) and the Urban League of Greater Madison (ULGM).
At the Urban League’s 11th Annual Unity Picnic today, WEDC Secretary and CEO Missy Hughes and ULGM President and CEO Dr. Ruben L. Anthony, Jr. announced that WEDC is providing the Urban League with a $250,000 Small Business Development Grant to support three initiatives to assist innovative new businesses in traditionally underserved communities.
“Entrepreneurs and startups help drive our state’s economy forward, keep our communities thriving, and create jobs and opportunities,” Secretary Hughes said. “Access to capital is what fuels their growth and enables them to scale up and build momentum.”