Jan 24, 2018

WEDC awards 11 grants to support entrepreneurship programs across Wisconsin

Excerpted from wedc.org

The Wisconsin Economic Development Corporation (WEDC) today announced that 11 organizations have been awarded a total of $500,000 in grants to help develop or expand innovative programs aimed at advancing the climate for entrepreneurship throughout the state.

The grants are being awarded as part of WEDC’s Entrepreneurship Support Program, which is now in its second year. The grants will help fund activities that promote entrepreneurship or deliver education, training and other resources to assist new and aspiring business owners. More than 400 entrepreneurs are expected to receive services through a wide variety of initiatives.

The Madison Region recipients are:

  • Green County Development Corporation, Monroe, ($40,000) will implement an entrepreneurship support strategy to engage, assess, and provide mentorship and coaching resources to current and aspiring entrepreneurs.
  • WiSolve Consulting Group, Madison, ($50,000) will provide new technology-based ventures with entrepreneurial consulting services delivered by scholars and mentors from science and technology fields at UW-Madison.

WEDC received 36 applications for the program, which provides matching grants to nonprofit organizations and communities. The Entrepreneurship Support Program is the latest addition to WEDC’s suite of entrepreneurship resources, which also include support for startup accelerators, seed capital funds, investment tax credits and technology development loans. In addition, WEDC supports and engages an existing statewide network of partners that offers business training, mentorship and financing to aspiring entrepreneurs.

Read the full press release.