A new grant program is targeting 30,000 small businesses in Wisconsin.
WEDC extends deadline for small business grants
Sam Rikker from the WEDC explains how small businesses can apply for a grant to recover from COVID-19.
A new grant program is targeting 30,000 small businesses in Wisconsin.
BUSINESSES SOMEFINANCIAL SUPPORT.THE STATE'S 'WE'REALL IN SMALLBUSINESS GRANT'WILL PROVIDE 25-HUNDRED DOLLARSTO 30-THOUSANDBUSINESSES.NBC26'S MATTJARCHOW HAS THEDETAILS IN TONIGHT'SREBOUND REPORT.AT THE THUNDERBIRDBAKERY..ELIZABETH REDMAN,THUNDERBIRD BAKERYCO-OWNER"We are a brand newbusiness."DOUGH..IS WHAT THEYDO.SOURDOUGHS..ELIZABETH REDMAN,THUNDERBIRD BAKERYCO-OWNER"Crunchy crust and softinside with a little bit ofsour flavor."AND PASTRIES..ELIZABETH REDMAN,THUNDERBIRD BAKERYCO-OWNER"Croissants, chocolatecroissants, cinnamonrolls."..THE BREAD ANDBUTTER OF THISBUSINESS.ELIZABETH REDMAN,THUNDERBIRD BAKERYCO-OWNER"We bake products andsell them to other cafesand restaurants.
So wheneverything got shut downthat part of our businessslowed down significantly,so we experienced a lot ofloss of revenue from that."BAKERY CO-OWNERELIZABETH REDMANDOESN'T HAVE A LOTOF EMPLOYEES..SO SHE DIDN'T APPLYFOR THE SMALLBUSINESSADMINISTRATION'SPAYCHECKPROTECTIONPROGRAM.BUT SHE'S STILLLOOKING FOR SOMEHELP..ELIZABETH REDMAN,THUNDERBIRD BAKERYCO-OWNER"This latest batch offunding from the statereally caught our eye andwe're excited to apply forthat next week."IT'S THE 'WE'RE ALL INSMALL BUSINESSGRANT'..A WISCONSINPROGRAM FUNDED BYTHE CARES ACT..THATWILL PROVIDE 25-HUNDRED DOLLARSTO 30-THOUSANDBUSINESSES..TRICIA RATHERMEL,GREATER OSHKOSHECONOMICDEVELOPMENT"Start getting yourdocumentation readynow."ECONOMICDEVELOPMENTLEADERS SAYBUSINESSES WILLNEED A 20-19 OR '18TAX FORM..A W-9 TAXFORM..AND ANACKNOWLEDGEMENTLETTER FROM ACOMMUNITYORGANIZATION LIKEGREATER OSHKOSHECONOMICDEVELOPMENT CORP.TRICIA RATHERMEL,GREATER OSHKOSHECONOMICDEVELOPMENT"For a lot of businesses itmight be that little bit ofmoney that just helps getthem through the nextcouple months or that littlebit that they're fallingbehind right now."ELIZABETH REDMAN,THUNDERBIRD BAKERYCO-OWNER"Having that little extramoney in the bank to helpwith rent and ouremployees really would becomforting to us."COMFORTING TO THISBAKERY..AND A CHANCE FORSIMILAR RELIEF FORTHOUSANDS OFOTHER BUSINESSES.MATT JARCHOW,NBC26.BUSINESSES CANAPPLY STARTING NEXTWEEK..APPLICATIONS FORTHE GRANT PROGRAMWILL BE ACCEPTEDSTARTING JUNE 15AND WILL GOTHROUGH JUNE 21..TO BE ELIGIBLE ABUSINESS MUST HAVE20 OR FEWER FULL-TIME EMPLOYEES.FOR MOREINFORMATION ABOUTHOW TO APPLY..FINDTHIS STORY ON OURWEBSITE..NBC-26 DOTCOM.STILL AHEADAIRLINES
Sam Rikker from the WEDC explains how small businesses can apply for a grant to recover from COVID-19.