The Wisconsin Economic Development is seeking applications for the Main Street Bounceback Grant to provide one-time assistance to new and existing businesses opening a new location or expanding operations in a vacant commercial space.
Donor Name: Wisconsin Economic Development Corporation
State: Wisconsin
County: All Counties
Type of Grant: Grant
Deadline: 12/31/2022
Size of the Grant: $10,000
Details:
The program will provide grants to approved entities with the capacity to deploy rapid response grants to businesses opening locations in vacant commercial spaces. The grants are to assist the business with costs associated with leases, mortgages, operational expenses and other business costs related to the newly opened location. Grants to businesses provide immediate recovery funding from the American Recovery Plan Act (ARPA) and lead to improved odds of a business opening or expanding and remaining open long-term. WEDC will contract with approved entities to distribute and administer these grants in their respective geographic areas of the state.
Goals
The goal of the Wisconsin Tomorrow Main Street Bounceback Grant (DBA Brick and Mortar Bounceback) Program is to provide one-time assistance to new and existing businesses opening a new location or expanding operations in a vacant commercial space.
Funding Information
- The incentives in this program will be deployed in two or more rounds of grants to approved entities.
- Grants to eligible businesses will be in the amount of $10,000 each.
Eligibility Criteria
Main Street Bounceback Grants are available to for-profit businesses and non-profit organizations meeting the following criteria:
- Must be located in a region where approved entity has received an allocation.
- Must certify that the business has not vacated and will not vacate a commercial space in Wisconsin to become eligible to claim this grant.
For more information, visit Wisconsin Economic Development.