WEDC grant program launched to help diverse businesses

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A new Wisconsin Economic Development Corp. (WEDC) grant program aims to help nonprofit organizations working to support diverse businesses across Wisconsin, according to a release from the organization. WEDC expects to award $225,000 in competitive Ally Grants this fiscal year to at least nine nonprofits working in diverse business development. The program is designed to support nonprofit organizations working on business support and development with underrepresented entrepreneurs and business owners, including women, veterans, people of color, people with disabilities, and members of the LGBTQ community. Eligible nonprofit applicants may not have received prior funding from WEDC and must be able to demonstrate how the grant will allow the group to build operational stability to continue and grow their support of diverse businesses. Applications will be accepted through Dec. 15.

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