Application deadline for $420 million in small business grants announced

Gov. Tony Evers announced that applications for up to $420 million in new Wisconsin Tomorrow Small Business Recovery Grants for small businesses affected by the COVID-19 pandemic are now open and will be close at 4:30 p.m. on Monday, June 7. The grant program is a collaboration between the Wisconsin Economic Development Corp. and the Department of Revenue and is funded by the American Rescue Plan Act of 2021. Grants will provide as many as 84,000 Wisconsin small businesses with annual gross revenue between $10,000 and $7 million with a flat award of $5,000.