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The Ethnic Minority Emergency Grant: Applications accepted from May 18-24, 2020

On Friday, May 8th, Governor Tony Evers announced that 1,000 ethnically diverse micro-businesses that have suffered losses due to the COVID-19 pandemic will be eligible to receive grants of $2,000 each under a new state initiative.

 

The $2 million initiative is focused on supporting ethnically diverse micro-businesses that have not received SBA Paycheck Protection Program or state disaster relief. View the Governor’s full press release here

 

Eligible applicants are ethnic minority-owned businesses with five or fewer

full-time equivalent employees (including the owner) in the retail, service or

hospitality sectors that have not received assistance through WEDC’s Small

Business 20/20 Program or the U.S. Small Business Administration (SBA)

Paycheck Protection Program (PPP) through the federal CARES Act.

 

Before you start the online application process, please have the following documents ready:

  • 2018 or 2019 federal tax return. (If you started your business in 2020, you are not eligible for this grant.)
  • Completed W-9 form
  • Proof of being in business as of Feb. 29, 2020. You can submit your profit and loss (P&L) statement for the month of February 2020. If a P&L statement is not available, you may provide proof of payroll or a sales tax log for the month of February 2020. All documents must include your business name.

A business may apply if it fits these criteria:

  • The business is for-profit, Wisconsin-based and at least 51% ethnic minority-owned.
  • The business started operating prior to Jan. 1, 2020, and was operating as of Feb. 29, 2020.
  • The business has no more than five (5) full-time equivalent employees, including the owner.
  • The business operates in the retail, service or hospitality industries.
  • The business has not received assistance through the Wisconsin Economic Development Corporation’s Small Business 20/20 Program or the SBA Paycheck Protection Program (PPP)through the federal CARES Act.

 

Please contact one of Wisconsin’s Collective Ethnic and Diverse Organizations listed below for assistance.

African American Chamber of Commerce of Wisconsin

American Indian Chamber of Commerce/ First American Capital Corporation

First Nations Community Financial

Greater Milwaukee Chamber of Commerce

Hmong Wisconsin Chamber of Commerce

Latino Chamber of Commerce of Dane County

Latino Chamber of Commerce of SE Wisconsin

Madison Black Chamber of Commerce

Milwaukee Urban League

National Association of Minority Contractors -WI

NiiJii Capital Partners, Inc

The Business Council

The Wisconsin Black Chamber of Commerce

Wisconsin LGBT Chamber of Commerce

Wisconsin Chinese Chamber of Commerce

Wisconsin Veterans Chamber of Commerce

Wisconsin Indian Business Alliance

Wisconsin Native Loan Fund

Wisconsin United Coalition of Mutual Assistance Association (Hmong)

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