Interested in adding a resource here?
Contact Jim Zehner – Director of Economic Development Programs, Milwaukee 7 at 414/287-4134.
|GRANTS||WHO?||BENEFIT||WHERE TO APPLY||LINKS|
|WEDC’s Small Business 20/20 program||Grants of up to $20,000 to exiting loan clients||Through current CDFIs||MORE INFORMATION >>|
|Facebook Small Business Grants Program||$100M in cash grants and ad credits||You can apply when applications become available in your area. CHECK WEBSITE >>||APPLICATION GUIDE >>|
|Zilber Family Foundation||Zilber Family Foundation website||APPLY HERE >>|
|Milwaukee Restart Grant Program||City of Milwaukee Website||APPLY 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
|ASSISTANCE||WHO?||BENEFIT||WHERE TO APPLY||LINKS|
|Main Street Lending Program operating through Main Street New Loan Facility (MSNLF) & Main Street Expanded Loan Facility (MSELF)||Businesses with:||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||>>MORE INFORMATION
>>VIEW SAMPLE FORM
|Economic Injury Disaster Loans and Loan Advance (EIDL)||Online||>>MORE INFORMATION
|SBA Express Bridge Loans||Small businesses who have a current relationship with an SBA Express Lender||Find an Express Bridge Loan Lender by connecting with your local SBA District Office||>>MORE INFORMATION|
|The Brew City Match COVID-19 Small Business Grant||Any retail, restaurant, or service business within the Brew City Match program area||Awards up to $1,200||Online and send via email||>>MORE INFORMATION
|Brew City Match COVID-19|
Small Business Emergency Loan Fund Application
|Any retail, restaurant, or service business within the Brew City Match program area||Online and send via email||>>MORE INFORMATION
|Save Small Business Fund||$5,000 supplemental cash grants||Online||>>MORE INFORMATION|
- Guide to SBA's Economic Injury Disaster Loans created by the US chamber of Commerce
- Coronavirus Emergency Loans Small Business Guide and Checklist created by the US Chamber of Commerce
- Updated guidance on loan resources created by SBA that includes information on several program, including PayCheck Protection and Disaster loans.
- Overview of how SBA and Treasury will begin to distribute funds to small businesses
- Wisconsin SBA - Information specific to Wisconsin small businesses
- Watch the perspective from a small business owner, Steve Wallace of the Omanhene Cocoa Bean Company, on his experience applying >>View video
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.
- WEDC program and other assistance available to Wisconsin business owners.
- 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.
- Milwaukee Economic Development Corporation (MEDC) - MEDC is a private non-profit corporation that serves Milwaukee businesses by providing low interest loans and other resources. Visit MEDC's website or call (414) 269-1440. (Added 3/20/2020)
- Business Improvement Districts - BIDs serve many of the City's commercial corridors, commercial districts and industrial areas. Below are a list of resources they've compiled for businesses and individuals.
- Milwaukee Downtown Business Improvement District (BID 21) - BID 21 has compiled a comprehensive list for businesses and community members. Visit BID 21's COVID-19 page for more.
- East Side Business Improvement District COVID-19 Resource Page
- Menomonee Valley Business Improvement District COVID-19 Resource Page
- Historic Highway 41 aka South 27th Street Business Association COVID-19 Resource Page
- Historic Third Ward Business Improvement District COVID-19 Resource Page
- Villard Avenue Business Improvement District COVID-19 Resource Page