Grants amounts are expected to be $5,000 per eligible applicant.
The program is intended to support businesses who are hardest hit by the pandemic and are key to Wisconsin making a strong recovery.
The program is administered by the Wisconsin Department of Revenue (DOR) in collaboration with the Wisconsin Economic Development Corporation (WEDC) and is funded with money received from the federal government through the American Rescue Plan Act.
Eligibility requirements include:
- The business started operating on or before December 31, 2020, is still operating in 2021, and suffered an economic loss as a result of the COVID-19 pandemic. An economic loss may be from lost revenue or increased expenses as a result of the pandemic.
- The individual or entity filed its 2019 federal and Wisconsin income or franchise tax return (see exception in FAQs).
- The business has more than $10,000 and less than $7 million in annual revenues (gross receipts less returns and allowances) shown on their federal tax return.
View eligibility requirements and detailed information at:
Apply here: https://tap.revenue.wi.gov/WITomorrowGrant/
Applications close on Monday, June 7th at 4:30 pm.