Governor Tony Evers awarded more than $86 million in grants on March 21 to support small businesses in communities disproportionately impacted by the pandemic that have historically had difficulty accessing credit and capital.
Of the more than $86 million, $57.6 million in grants were awarded through the Diverse Business Assistance Grant Program to 24 chambers of commerce and nonprofit organizations providing assistance to small businesses.
“We’re continuing to build a strong and resilient economy that works for everyone, and that means encouraging business development in communities that have been hit hard by the pandemic and often face barriers to getting the tools and resources they need to be successful,” said Governor Evers. “By supporting local businesses and entrepreneurs, these grant programs will ensure job growth, stronger communities, and a brighter, more equitable future for Wisconsin.”...
“We’re continuing to build a strong and resilient economy that works for everyone, and that means encouraging business development in communities that have been hit hard by the pandemic and often face barriers to getting the tools and resources they need to be successful,” said Governor Evers. “By supporting local businesses and entrepreneurs, these grant programs will ensure job growth, stronger communities, and a brighter, more equitable future for Wisconsin.”...
...“We know that there’s a financial wealth gap in America, and we know that a great part of that financial wealth gap is tied to ethnic and diverse communities not having equitable access to business resources and funding,” Maysee Herr, executive director of the Hmong Wisconsin Chamber of Commerce. “Our staff work every day to try to bridge that gap.”...
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- - Volume: 10 - WEEK: 14 Date: 3/29/2022 6:33:14 PM -