Interested in adding a resource here?
Contact Jim ZehnerDirector of Economic Development Programs, Milwaukee 7 at 414/287-4134.


GRANTSWHO?BENEFITWHERE TO APPLYLINKS
WEDC’s Small Business 20/20 program
  • Current community development financial institutions (CDFIs)
  • Grants of up to $20,000 to exiting loan clientsThrough current CDFIsMORE INFORMATION >>
    Facebook Small Business Grants Program
  • Be a for-profit company

  • Have between 2 and 50 employees

  • Have been in business for over a year

  • Have experienced challenges from COVID-19

  • Be in or near a location where Facebook operates
  • $100M in cash grants and ad creditsYou can apply when applications become available in your area. CHECK WEBSITE >>APPLICATION GUIDE >>
    Zilber Family Foundation
  • Current grantee organizations meet emerging needs & sustain operation

  • Current grantees addressing basic human needs

  • Pooled community-based emergency response funds addressing effects of COVID-19 on high-need populations
  • Grants of up to $25,000


  • One-time emergency grants of up to $100,000
  • Zilber Family Foundation websiteAPPLY HERE >>
    Milwaukee Restart Grant Program
  • For-profit businesses located in the City of Milwaukee
  • Have 20 or fewer full-time or full-time equivalent employees
  • Revenue of greater than $0 but less than $2 million in 2019

  • Grants of up to $15,000
  • City of Milwaukee WebsiteAPPLY HERE >>

    The PPP Is Out of Money. Here’s Plan B
    By Inc. Magazine
    For some businesses, the Federal Reserve’s new Main Street Lending Program could be another chance to land needed cash now.

    Coronavirus Emergency Loans – Small Business Guide & Checklist
    by the US Chamber of Commerce
    Includes updated information on the Paycheck Protection Program


    ASSISTANCEWHO?BENEFITWHERE TO APPLYLINKS
    Main Street Lending Program operating through Main Street New Loan Facility (MSNLF) & Main Street Expanded Loan Facility (MSELF)Businesses with:
  • 10,000 employees or fewer

  • 2019 revenues of $2.5 billion or less.
  • Loans would have a four year maturity, and principal and interest payments on the loans will be deferred for one year.Once the Program is operational, small and medium-sized businesses interested in the Program should seek to apply for MSNLF or MSELF loans from an eligible lender.MORE INFORMATION >>
    Paycheck Protection Program (Part of the CARES Act)Small businesses with less than 500 employees
  • $350 billion in loans to small business with under 500 employees, with loans capped at $10 million

  • Funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities.

  • Loan payments will be deferred for six months
  • SBA 79(a) lender

  • Federally Insured Depository Institution

  • A federally insured credit union

  • Farm Credit System Institutions (if participating)
  • >>MORE INFORMATION


    >>VIEW SAMPLE FORM
    Economic Injury Disaster Loans and Loan Advance (EIDL)
  • Small businesses with less than 500 employees

  • Sole proprietors

  • Independent contractors

  • Most private nonprofits
  • Up to $10,000 emergency advance grant on an Economic Injury

  • Disaster Loan (EIDL)

  • Maximum $2 million working capital loan

  • Rate of 3.75%

  • Payments deferred for 1 year
  • Online>>MORE INFORMATION


    >>APPLY HERE
    SBA Express Bridge LoansSmall businesses who have a current relationship with an SBA Express Lender
  • Up to $25,000

  • Fast turnaround

  • Will be repaid in full or in part by proceeds from the EIDL loan
  • Find an Express Bridge Loan Lender by connecting with your local SBA District Office>>MORE INFORMATION
    The Brew City Match COVID-19 Small Business GrantAny retail, restaurant, or service business within the Brew City Match program areaAwards up to $1,200Online and send via email>>MORE INFORMATION


    >>APPLY HERE
    Brew City Match COVID-19
    Small Business Emergency Loan Fund Application
    Any retail, restaurant, or service business within the Brew City Match program area
  • Loans from $5,000 and up to $10,000

  • 0% interest loan

  • Online and send via email>>MORE INFORMATION


    >>APPLY HERE
    Save Small Business Fund
  • Must run a small business or chamber of commerce

  • Between 3-20 employees (including yourself and not including independent contractors)

  • Business must be located in an economically vulnerable community, as ranked by the Distressed Communities Index
  • $5,000 supplemental cash grantsOnline>>MORE INFORMATION

    The federal government’s Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. The administration soon will release more details including the list of lenders offering loans under the program. In the meantime, the U.S. Chamber has issued this guide to help small businesses and self-employed individuals prepare to file for a loan.

    • Wisconsin Department of Workforce Development (WDWD) - View  more information regarding Public Information for Unemployment for COVID-19.
    • Small Business Administration Updates - WEDC and Wisconsin Emergency Management (WEM) officials are working with the Wisconsin office of the Small Business Administration to unlock federal Economic Impact Disaster Loans for businesses impacted by the COVID-19 outbreak. We will provide additional details on the availability of SBA funding as they become available.
    • Coronavirus Information for Partners -Answers to frequently asked questions by the Wisconsin Department of Workforce Development.
    • COVID-19: How we can help businesses - The Small Business Development Center-Institute for Business & Entrepreneurship has created a page with important information for its clients amid quickly changing conditions and unprecedented measures put into place during the COVID-19 pandemic.
    • Department of Workforce Development - Unemployment COVID-19 Public Information

    WWBIC focuses on individuals who face barriers in accessing traditional financing or resources in pursuit of their dreams and economic well-being … in particular women, people of color, veterans and low-income individuals.

    is working with federal, state and local partners to support our many WWBIC borrowers and entrepreneurs and businesses in need of loan capital now. See below for a list of available resources. Check back often for updates as this situation continues.

    The Ethnic & Diverse Business Coalition (EDBC) is a coalition of 14 ethnic and diverse chambers of commerce and partner organizations that serve the State of Wisconsin.

    This grant application is to assist small ethnic and diverse businesses of any industry that are a business member in of one of our coalition members during the COVID-19 pandemic. Before filling out this application, please note that you MUST be a member in good standing with one of our member Chambers of Commerce. If you are NOT a member of a chamber, please reach out to a chamber (you can view a list at www.edbcwisconsin.org) to view chamber memberships and to inquire about your eligibility. Grants will be available up to $500.

    If you have any questions, please call (414) 287-4172 for more information.

    PLEASE CLICK HERE TO FILL OUT THE APPLICATION FOR THE SMALL BUSINESS IMPACT GRANT.