The Wisconsin Economic Development Corp. will soon begin accepting applications for new startup support programs under the Entrepreneurship Partner Grant program, which provides up to $50,000 for these efforts.
Applications are being accepted through Oct. 29 for new programs ranging from technical support for entrepreneurs to educational efforts, a release from WEDC shows. The grant program has two tracks, including competitive partner grants for pilot projects and new programs, and non-competitive open grants for established programs that have previously received funding.
The maximum amount for the open grants going to established programs is $200,000, the release shows.
Groups starting new programs can begin applying Monday. Grants will be awarded based on how the project supports startup growth in Wisconsin as well as its impact on underserved communities. WEDC says about 10 groups will likely receive the grants, which will range in size from $10,000 to $50,000.
“We know that starting a business is a challenge,” said Missy Hughes, WEDC secretary and CEO, in the release. “We also know that investing in a culture of innovation and support for entrepreneurs — particularly people of color, women, LGBT individuals and those in rural areas who have not been served by other programs — pays off in new opportunities for all.”
See more on the grant program here: https://wedc.org/programs-and-resources/entrepreneurship-partner-grant/