MADISON – The Wisconsin Economic Development Corp. is extending the deadline until 11:59 p.m. June 26 for small businesses to apply online for the $2,500 We’re All In Small Business Grants, WEDC officials announced today.
WEDC had received more than 26,000 applications as of late Tuesday night, when applications were originally scheduled to close. The deadline was extended to give additional businesses more time to get needed documents and submit their information to WEDC.
The program, which will provide $2,500 grants to 30,000 small businesses, is designed to help small businesses recover from the COVID-19 pandemic, while also encouraging them to adopt best practices to keep employees, customers and communities safe.
WEDC Secretary and CEO Missy Hughes said the We’re All In grants “will not be determined on a first-come, first-served basis, so businesses all have the same chance of receiving a grant, regardless of when they apply. But with the limited time that’s left, we’re encouraging businesses to apply now so that if they have questions, they don’t risk missing out on this important resource.”
Funded primarily by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, the grants will help small businesses with the costs of business interruption or health and safety improvements, wages and salaries, rent, mortgages and inventory.
The online application, FAQs, and other information about the grant can be found at https://wedc.org/programs-and-resources/wai-small-business-grant/. WEDC anticipates releasing the first round of payments by early to mid-July.