Wisconsin’s minority business owners will no longer need to rely on out-of-state technical support.
The Wisconsin North Central Minority Supplier Development Council (NCMSDC) has been awarded a $1.61 million grant through the U.S. Department of Commerce Minority Business Development Agency (MBDA). The funds will be used to create Wisconsin’s first business center aimed at helping minority-owned businesses. The business center will be operated through NCMSDC.
“This is the epitome of a public/private partnership at scale,” said Heather Olson, president and CEO of NCMSDC. “Operating the Wisconsin Minority Business Center in collaboration with our integrated ecosystem of partners will systemically leverage minority businesses’ access to contracts, capital, and markets. This is a game changer for achieving socioeconomic growth in Wisconsin.”