WEDC Opening Second Phase of Grants

Joanna Estrada
October 19, 2020

As an update to constituents and locally-owned businesses, Senator Robert Singer provided the following information regarding the new New Jersey Economic Development Authority (NJEDA) Small Business Authority's grant program.

That's why WEDC is opening up a second phase of We're All In grants, making more than $50 million of CARES Act funding available to Wisconsin businesses. Priority will be given to applicants who did not receive funding during the program's first phase. "If your organization has been hurt by the pandemic and you need help with operational costs or expenses to keep your customers safe, I urge you to apply".

"This funding will serve as a much needed lifeline for small businesses that are the backbone of our economy". Grant awards will be up to $10,000 based on eligibility. The application period will be open October 16 to November 2. More than 19,000 businesses statewide have utilized this program since its inception in April.

Grants will be provided to businesses and non-profits that experienced interruption, closure or significant revenue loss as a result of the public health emergency.

The grants are meant to cover expenses including payroll, rent or mortgage, operations, inventory and the purchase of business-related personal protective equipment. This list includes, but is not limited to, disadvantaged businesses, non-profits, bars, pubs, taverns, breweries, distilleries, and vineyards.

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