WEDC Announces the Ethnic Minority Emergency Grant
Milwaukee, Wis., May 15, 2020 – 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 18-24, 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.
A link to WEDC's portal will be accessible on May 18-24 on HWCC's website.
FAQ and Contact:
To find out more about this grant. Visit WEDC's FAQ Page here.
For further questions on this grant, please contact HWCC at (414)-645-8828 or
About the Hmong Wisconsin Chamber of Commerce: The Hmong Wisconsin Chamber of Commerce (HWCC) is a Community Development Financial Institution that provides economic development assistance in business planning and operations. HWCC acts as an advocate for Wisconsin’s Asian American communities and entrepreneurs as well as low-income and disadvantaged communities regarding business and economic issues. For more information visit www.HmongChamber.org.