Top Small Business Grants in Wisconsin
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Grants for Small Businesses in Wisconsin
Collaborative Market Access Grant
Program description: This program provides grants to eligible nonprofit organizations, industry associations, or economic development agencies that support export-ready businesses in Wisconsin. Export-ready companies can then receive a portion of the grant as pass-through financial assistance for increasing their exports. Incentive: Economic development organizations can receive up to $150K for helping export-ready companies sell their goods abroad. Your business can then receive a portion of that grant — up to $15,000 — for increasing your total export volume. General requirements: Here are some of the general requirements for this grant: Operate a Wisconsin-based company Collaborate with an outside organization on a collaborative business project Your collaborative project must be a viable solution for increasing your company’s export volume The outside organization must demonstrate an administrative capacity to manage the project in collaboration with your company How to apply: Contact the Wisconsin Economic Development Corporation (WEDC) for application information.
International Market Access Grant
Program description: This program reimburses eligible Wisconsin businesses for expenses related to international business development, such as the costs of attending trade shows or growing your presence in foreign markets. Incentive: Receive up to $10,000 in reimbursement for implementing an export project or up to $25K if your company completes the national ExporTech™ program. General requirements: Here are some of the general requirements for this grant: Be a Wisconsin-based company in operation for at least a year Manufacture, process, assemble or distribute a product or service with the potential to be exported Be new to export or expand your export volume Wisconsin cost inputs must make up at least 35% of the value of the product or service being exported Agree to a 30% match of the grant funds received Complete the ExporTech program to be eligible for the maximum grant award How to apply: Contact the WEDC organization for application information.
Wisconsin Center for Technology Commercialization (CTC) Micro-Grants
Program description: The Wisconsin CTC provides micro-grants to eligible technology and research-based Wisconsin businesses that intend to apply for Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) federal funds. Incentive: Be reimbursed up to $4,500 for expenses related to developing a Phase I SBIR/STTR research and development proposal or Phase II SBIR/STTR commercialization plan. General requirements: Here are some of the general requirements for these grants: Be a research or technology business based in Wisconsin Intend to develop a Phase I SBIR/STTR research and development proposal or Phase II SBIR/STTR commercialization plan Your SBIR/STTR technical proposal is vetted by a federal program officer who gives the go-ahead How to apply: You can access the grant application portal through the Wisconsin CTC website.
Wisconsin Entrepreneurial Training Program (ETP) Grant
Program description: The ETP grant covers most of the tuition costs of qualified applicants who participate in the ETP course offered at select University of Wisconsin campuses. Incentive: Receive a grant covering 75% of the ETP course fee that typically costs $1,000, and receive training that can help you develop or improve your entrepreneurial business plan. General requirements: Here are some of the general requirements for this grant: Register for an Entrepreneurial Training Program course Meet attendance requirements Complete a satisfactory business plan within the given timeframe by the hosting UW campus How to apply: Contact the Wisconsin Small Business Development Center if you wish to apply.
Wisconsin Fast Forward (WFF) Grants
Program description: This program can reimburse eligible employers who implement a workforce training program that provides trainees with transferable skills or industry-recognized credentials. Incentive: Receive up to $400K in reimbursement for your training program expenses, such as the costs of curriculum development, instructor salaries, training materials, or supplies. General requirements: Here are some of the general requirements for this grant if you’re a small business owner: Be a Wisconsin-based employer or partnered with a Wisconsin-based employer Propose a workforce training program Provide trainees with workforce training in Wisconsin Train economically disadvantaged individuals or people who are seeking higher wages and new opportunities Be financially viable Be current on all federal and state tax obligations Match 50% of the amount of the grant with cash or in-kind contributions How to apply: Access the online grant application system through the Wisconsin Fast Forward site.
Who Provides Small Business Grants in Wisconsin?
Arizona small business grants California small business grants Colorado small business grants Florida small business grants Georgia small business grants Illinois small business grants Indiana small business grants Maryland small business grants Michigan small business grants NC small business grants New York small business grants NJ small business grants Ohio small business grants Pennsylvania small business grants Texas small business grants
Do You Have to Pay Back a Small Business Grant?
Who Is Eligible for Small Business Grants in Wisconsin?
What Industries Does Wisconsin Support With Grants?
Agriculture Construction Customer service Financial services Health care Information technology Manufacturing Research and development in biotechnology Scientific research and development services Transportation, logistics, and distribution
Wisconsin Resources for SMB Owners Looking for Funding
Wisconsin Small Business Development Center (SBDC)
Business training courses Confidential business consulting at no cost Specialized initiatives and webinars
SBA District Office in Wisconsin
Alternative Funding Sources for Small Businesses in Wisconsin
Wisconsin State Small Business Credit Initiative (SSBCI)
Wisconsin Forward Venture Fund — $25 million. This program will help eligible startups access venture capital. Wisconsin Forward Co-Investment Fund — $25 million. These funds will also help eligible businesses access venture capital. WEDC Technology Development Fund — $8.1 million. This funding will expand WEDC’s Technology Development Loan program for eligible new businesses that need financing. Wisconsin Housing and Economic Development Authority (WHEDA) Collateral Support Program — $6 million. This program will provide cash collateral to help eligible small business owners access credit. WHEDA Subordinate Loan Participation Program — $6 million. This program uses SSBCI funds to expand Wisconsin’s loan participation. A loan participation program typically allows a state to partner with private lenders to support small business lending. WEDC Capital Catalyst Fund — $6 million. This program will help Wisconsin provide matching funds to nonprofits that operate small business loan programs. WHEDA Capital Access Program — $3 million. This program will promote small business lending activity in Wisconsin. WHEDA can use SSBCI matching funds to support portfolio insurance on small business loans.
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