WEDC offers entrepreneurship support program

Posted on Oct 1, 2018 :: Insight on Business, Web Exclusive.
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Posted by of Insight Publications

The Wisconsin Economic Development Corp. is offering grant assistance to nonprofit and community-
based organizations through its Entrepreneurship Support Program.
The program offers financial assistance between $10,000 and $100,000 for projects that promote
entrepreneurship and provide Wisconsin entrepreneurs with key resources such as training, mentorship,
business development and financial services.
Launched in 2016, the program has provided nearly $1 million in grants to 17 organizations statewide.
Those funds help support prototyping assistance, legal services and outreach to underserved
entrepreneurs. It is part of the WEDC’s suite of entrepreneurship resources, which includes support for
startup accelerators, seed capital funds, investment tax credits and technology development loans.
The competitive program will provide grants that must be matched by the applicant. Applications are
due Oct. 26 and will be evaluated on criteria such as applicant capability; project alignment and
feasibility; project and financial need; collaboration; and financial impact.
Funding cannot be used for land, facility costs or equipment, and projects must take place in 2019. The
funding can be used for personnel, professional services and materials directly related to the project.
Application details and additional program information can be found at wedc.org/entrepreneurship-
support.