Gov. Tony Evers has announced that an additional $25 million will be invested into the Main Street Bounceback Grant Program.
The program has already helped more than 5,200 small businesses and nonprofits in all 72 counties in Wisconsin. This additional investment will enable 2,500 more small businesses and nonprofits to move or expand into vacant commercial spaces across the state. The deadline to apply for a Main Street Bounceback Grant has been extended to December 31, 2022. Grants will be awarded on a first-come, first-served basis until all the funds are disbursed.
Grant funds are available as part of the American Recovery Plan Act (ARPA) and distributed by the Wisconsin Economic Development Corporation (WEDC) regional partners. Businesses must apply through the partner organization for the region in which they are located. The program is open to new or existing businesses opening a new location or expanding operations in a vacant commercial property where the lease commences, or sales contract closes, on or after January 1, 2021 and on or before December 31, 2022.
Additional information about the Main Street Bounce Back Grants is available here: https://wedc.org/programs-and-resources/mainstreet-bounceback-grants/.