Applications Available for Wisconsin Tomorrow Small Business Recovery Grant Program

Tuesday, May 25th, 2021 -- 1:00 PM

It was announced by Governor Evers that the state of Wisconsin will immediately begin taking applications for the Wisconsin Tomorrow Small Business Recovery Grant program.

The program will make available a total of $420 million to small businesses impacted by the COVID-19 pandemic. The Wisconsin Tomorrow Small Business Recovery Grants program is a collaboration between the Wisconsin Economic Development Corporation and the Department of Revenue.

The grants are part of Gov. Evers’ plan to use the $2.5 billion the state will receive under the American Rescue Plan Act of 2021, which includes $600 million in funds designated to supporting small businesses.

The grants will provide as many as 84,000 Wisconsin small businesses with annual gross revenue between $10,000 and $7 million with a flat award of $5,000.

According to the announcement, the new grants will target Wisconsin small businesses, including those that started in 2020, in sectors that have been hit hardest by the pandemic.

Grant money can be used for any business operating costs, including but not limited to wages and salaries, rent, mortgages, and inventory, and/or for health and safety improvements. The application period is open now and closes Monday, June 7th at 4:30pm.

Feel free to contact us with questions and/or comments.