Entrepreneurship grants from the Wisconsin Economic Development Corporation are bringing $90,000 into the Madison entrepreneurial community.
The grants, announced Tuesday, will support 11 different organizations in Wisconsin through $500,000 in total funding.
Two Madison groups are receiving funding: the Wisconsin Alumni Research Foundation, $15,000, and the UW Law & Entrepreneurship Clinic, $75,000.
According to Aaron Hagar, WEDC’s vice president of entrepreneurship, the timing of these grants coincides with a recent upswell in support for entrepreneurs in Wisconsin.
“We’ve seen big interest in supporting entrepreneurs at the local level,” Hagar said. “It’s about the opportunities, gaps they see in their service area and in their community.”
He says the program helps identify those gaps, and fill them in by supporting “interesting, specific and impactful projects.”
One such project is WARF’s UpStart program, which was started in 2013 to support small business development for women and minorities. Read the full story here.