Ethnic Minority Emergency Grant Overview
To help ethnic minority-owned micro-businesses cope with the economic impact of COVID-19, the Ethnic Minority Emergency Grant Initiative is being launched with a total of $2 million to be made available to 1,000 Wisconsin micro-businesses by WEDC.
A business may apply for a one-time grant of $2,000 for short-term operations assistance through Wisconsin’s Collective Ethnic and Diverse Organizations. Applicants will be subject to underwriting, and grant recipients will be required to submit a report indicating how the funds were used. Online applications will be accepted from May 18-26, 2020. A link to the portal will be provided below.
The grant is to be used towards business operating expenses which may include payroll/owner draws, rent, inventory, and utilities.
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.
HOW TO APPLY
Applications will be accepted from May 18-26, 2020.
Applications that meet the eligibility requirements will be entered into a pool of qualified business applicants. Grant recipients will be randomly selected from the pool based on the available funding.
You will receive a call to review your application with you. It is important you provide the best phone number where you can be reached. If you cannot be reached, your application will not move forward in the process.
To apply visit WEDC's online application portal below. The portal will be opened on May 18th until the 26th.
Grant Walkthrough in Hmong
Watch this webinar video presented in Hmong by HWCC and WUCMAA for Wisconsin business owners interested in applying for the WEDC Ethnic Minority Emergency Grant.