The Wisconsin Economic Development Corporation (WEDC) today announced that 11 organizations have been awarded a total of $500,000 in grants to help develop or expand innovative programs aimed at advancing the climate for entrepreneurship throughout the state.
The grants are being awarded as part of WEDC’s Entrepreneurship Support Program, which is now in its second year. The grants will help fund activities that promote entrepreneurship or deliver education, training and other resources to assist new and aspiring business owners. More than 400 entrepreneurs are expected to receive services through a wide variety of initiatives.
“Entrepreneurs launching successful new ventures are an important ingredient for the prosperity of their communities and the entire state,” said Lt. Governor Rebecca Kleefisch, who joined WEDC Secretary and CEO Mark R. Hogan in announcing the grants in appearances throughout the state Tuesday. “The projects funded by these grants will provide key resources, address unmet needs in communities with unique challenges, and help to build a statewide culture that celebrates and encourages entrepreneurs to pursue their dreams.”
“Most of these organizations already support the overall mission of identifying, educating, servicing and funding entrepreneurs, and several of them received WEDC grants last year,” Hogan added. “This additional funding will further increase the availability of resources for entrepreneurs and innovators throughout the state and will increase the likelihood of their success as they start and grow their businesses.” Find the list of grant recipients here.