New Video features WWBIC and Our Clients

New Video features WWBIC and Our Clients

New Video features WWBIC and Our Clients

WWBIC’s work is not solo – that is why we rely on all of our partners to help advance the important work of economic development.  We are grateful for our recent partnership with The Kroger Co. Foundation and LISC (National and Regional), who teamed up with WWBIC to provide additional technical assistance to food-based business owners of color affected by the pandemic.  Thanks to the generosity of Kroger and LISC, we are able to share a video featuring some stories of hope and opportunity directly from the clients to help “build it together.”

Make sure to pay a visit to the WWBIC clients highlighted in the video: Daddy’s Soul Food & Grille; Fit4You Mke; Johanna’s Cakes & Desserts Cafe; Lopez Bakery & Restaurant; The Pink Bakery; Triciclo Peru Empanada – Pisco Bar; Tropical Pops; and Twisted Plants.

2021 WWBIC Annual Celebration Highlights

2021 WWBIC Annual Celebration Highlights

2021 WWBIC Annual Celebration Highlights

The Next Vintage | Cultivating a Legacy

Please join WWBIC in celebrating highlights from our 2021 annual celebration!

On Thursday, November 4th we gathered virtually and in person as we looked to the future while continuing to create new ways of garnering support and matching resources with the needs of Wisconsin’s entrepreneurial community.

The theme of this year’s event was: The Next Vintage | Cultivating a Legacy. Our program honored the roots of our past work, but also looked toward the future with intention – cultivating our work, spaces, and places into our shared legacy full of hope. To embrace our nod to the future, we welcomed Cristina Torres, Marimar Estates Director of Sales and Marketing, as our keynote speaker.

 

Watch the 2021 Annual Celebration video using the link provided above. Presentations begin at 35:30.

Shop Small!

Make your holiday purchases this year from WWBIC clients with our 2021 Shop Small Digital Catalog, featuring products and listings for over 200 clients!

 

KEYNOTE SPEAKER 

Cristina Torres is a member of Familia Torres, a fifth generation family business with roots that trace back to the 17th century in Barcelona, Spain. Cristina inherited the love of the vineyard from her family and grew up working alongside her mother and their business namesake, Marimar.

The Torres family business has been handed down from father to son for five generations, but this is the first time that the baton will be passed from mother to daughter.

Cristina graduated from Princeton University in 2010 with a bachelor’s degree in Economics. Cristina achieved the WSET Level 3 certification from the renowned Wine & Spirit Education Trust and is in the process of obtaining the WSET Level 4 diploma. She is fluent in Catalan, Spanish, English and French.
Wine from Marimar Estate Vineyard & Winery are now available in Wisconsin! Contact your favorite alcohol retailer for availability, or sign up for the Marimar Estate Wine Club here.

Club ORO — Stories of Impact Sponsors

Club Plata — Small Biz Market Sponsors

Club Cobre — Wisconsin Makers Sponsors

Anonymous

Club Verde – Client Scholarship Sponsors

Andrea & Orendorff, LLP

Baird

Badger Liquor

CIBM Bank

CLA

DirectSupply

Entrepreneurs Coalition

ERC Midwest

Foley & Lardner

Godfrey & Kahn

Housing Authority for the City of Milwaukee (HACM)

Hurtado Zimmerman

Ixonia Bank

Marquette University Institute for Women’s Leadership

Landmark Credit Union

Lincoln Property Company

Machare & Associates

Michael Best & Friedrich

Milwaukee Bucks

North Shore Bank

Palermo Villa

Reinhart Boerner Van Deuren sc

RitzHolman CPAs

TEMPO Milwaukee

Town Bank

UMOS

WaterStone Bank

WBD

Zizzl, LLC

CLUB AZUL – Corporate  Sponsors

BioForward ~ City of Middleton/Mike Davis ~ City of West Allis ~ Clark Gridley/Carl Trimble ~ Diamond Discs International ~ Grandville BID/EDC ~ Greater Milwaukee Committee ~ Heartland Information Research ~ Hmong Chamber of Commerce ~ Irene Strohbeen & Associates ~ Marcus Hotels ~ Milwaukee Business Journal ~ Milwaukee Development Corporation ~ Milwaukee Downtown BID #21 ~ Milwaukee Northshore Rotary ~ Mueller Communications ~ New Covenant Housing Corporation ~ One Community Bank ~ Realty4Good ~ Self-Help Federal Credit Union ~ SCORE ~ Tri-City National Bank ~ U.S. Small Business Administration ~ Wisconsin Department of Financial Institutions ~ Wisconsin Housing Preservation Corporation ~ Wisconsin LGBT Chamber of Commerce

Media Club Sponsors

88 Nine Radio Milwaukee

BizTimes Media (Milwaukee Business News)

El Conquistador Latino Newspaper

Milwaukee Business Journal

Shepherd Express

The City of Oshkosh Micro Enterprise Program (Forgivable Loan)

The City of Oshkosh Micro Enterprise Program (Forgivable Loan)

The City of Oshkosh Micro Enterprise Program (Forgivable Loan)

The Oshkosh Micro Enterprise Program is focused on existing micro enterprises located in the corporate limits of the City of Oshkosh that have been impacted by the COVID-19 pandemic.

This is a forgivable loan program and qualified micro enterprises are eligible for a forgivable loan of up to $7,500. Funding can be used for assistance with, basic working capital for leasing space, insurance and/or utilities, and staff salaries.

Please download the appropriate fact sheet for your location to view income requirements for this opportunity. To view a detailed map of eligible locations, please click here.


How will this program work and who is eligible?

WWBIC will be handling the application and distribution of the loans, as well as follow up business coaching and mentorship opportunities. Funds will be targeted to for-profit, existing micro-enterprises located in the City of Oshkosh, where the business has five or fewer full-time equivalent employees, including the owner.


Eligibility:

  • Businesses must be in the City of Oshkosh.
  • Businesses must be a Micro Enterprise. (5 or fewer employees including the owner(s))
  • Business needs to be in good standing with State of WI and City of Oshkosh.
  • Business must have a DUNS Number
  • Business owner’s household income is under 80% of the County of Winnebago Median
  • EXCLUDES new businesses started after February 1st, 2020

 


What type of documentation is required?

Businesses must provide all documents to be considered for the forgivable loan below:

  • Executive Summary for the forgivable loan and detailed use of funds for your business
  • Client Information Form
  • Business Information Form
  • Duplication of Benefits Form
  • EIN
  • Business Debt Schedule
  • Interim Income Statement (2022)
  • Business Tax Returns for 2020 and 2021 – two separate PDFs
  • SBA Form 413 – Personal Financial Statement for all owners of the business, including spouses and guarantors
  • Personal Tax Forms for 2020 and 2021
  • W-2 or 1099 for 2021
  • A copy of your driver’s license/photo id

Ineligible Use of Funds

You may not use your loan for the following below items below:

  • Reimburse expenses incurred prior to Feb 1, 2021
  • Pay off non-business debt
  • Purchase personal expenses
  • Direct financing to political activities or paying off taxes and fines
  • Purchase personal items, or support other businesses in which the borrower may have an interest
  • No new business start up costs

When will the application be available?  

The application will remain open until all Forgivable Loan funds have been exhausted. Applications will be reviewed in the order they are received (time stamped) and will be equitably considered.

For additional information or questions about applying for The Oshkosh Micro Enterprise Program, please contact Colleen Bies, at cbies@wwbic.com.

The application will remain open until all Forgivable Loan funds have been exhausted. Applications will be reviewed in the order they are received (time stamped) and will be equitably considered.

Apply now for the BMO Celebrating Women Grant Program

Apply now for the BMO Celebrating Women Grant Program

Apply now for the BMO Celebrating Women Grant Program

Apply now for the BMO Celebrating Women Grant Program.

Take advantage of this opportunity! Apply for BMO’s Celebrating Women Grant Program. Eight women-owned businesses will each receive a $10,000 grant to help grow their businesses while focusing on sustainability. BMO is committed to investing in sustainable programs and practices within communities. The BMO Celebrating Women Grant Program will assess applicants based on their contributions to social, environmental, or economic sustainability. Application close Friday, August 13th, 2021 at 10:59 PM CT.


You’ll also need to meet specific eligibility criteria as an applicant and as a business.
Criteria for applicants:

• You have authority to participate in the Grant Program on behalf of the business
• You’re a resident of the U.S.
• You’ve reached the legal age in the state where your business resides

Criteria for businesses:
• Must be at least 51% owned or controlled by women or by individuals who self-identify as women
• Currently active and operating in the U.S.
• Has a physical location (or a mailing address for their headquarters) in Arizona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri or Wisconsin
• Must be a for-profit business with annual revenues of $5 million USD or less
• In good standing with the Secretary of State in which the business is registered
• Has been in operation selling a product or service for at least 2 years as of January 1, 2021

For full eligibility details for the 2021 Grant Program, see the Official Terms and Conditions.

Milwaukee County Restart Grants Program

Milwaukee County Restart Grants Program

Milwaukee County Restart Grants Program

Located in Milwaukee County? WWBIC is here for you! The Milwaukee County Restart Grants Program is focused on existing businesses located in Milwaukee County looking for business financing during COVID-19.


Additional Details:
• Maximum of $10,000
• Grants can be used for assistance with but not limited to; payroll; rent; utilities; inventory for reopen-ing; PPE for employees, clients or customers to safely reopen; or physical modifications of the space to align with COVID Guidance
• Business must be located in Milwaukee County. Businesses located in the City of Milwaukee, River Hills, West Allis or Wauwatosa are NOT ELIGIBLE

Eligibility: 
• Businesses cannot be a START-UP (less than 12 months) – must have been operating in 2020
• Businesses cannot be a non-profit business structure
• Business needs to be in good standing with State of WI
• Current on all local, state and federal taxes
• Business has not applied or received assistance through the Small Business Administration, Federal Emergency Management Program, or other federal government program.
• The business owner must meet the following criteria:
1. The business is a small business, with 20 full time equivalent or fewer jobs
2. The business owner’s or employees single household income is under 80% of the Milwaukee County Area Median; less than $47,250

Required Documents: 
• Tax returns no older than 2019
• DUNS Number
• Payroll expenses
• Application of benefits (listing all federal funds received)
• WWBIC Client Information Form and Employee Form

Please apply at bit.ly/mkecountyrestart. The application will be available on Friday, July 30th at noon. All applications will be reviewed in the order they are received (time stamped) and will be equitably considered. The application will remain open until 11:59 PM on Friday, August 6th.

WWBIC to Launch The Resiliency Grant for NE WI Rural Microenterprises

WWBIC to Launch The Resiliency Grant for NE WI Rural Microenterprises

WWBIC to Launch The Resiliency Grant for NE WI Rural Microenterprises

The Wisconsin Women’s Business Initiative Corporation (WWBIC) has received funding from Calumet County CDBG allocations to launch the Resiliency Grant for NE WI Rural Microenterprises to assist small and micro business owners whose business has been negatively impacted by the COVID-19 pandemic/economic crisis.

Calumet County has approved $780,000 for small business assistance grants. These grants will range from $6,000 to $12,000 to each business. Grants can be used for assistance with, but not limited to, past due payroll, rent, lease or utility payments, business supplies, inventory, business operating expenses.

Ineligible uses include construction of interior or exterior property as well as other non-COVID related business debt.


How will this program work and who is eligible?

WWBIC will be handling the application and distribution of the grants, as well as follow up technical assistance such as business coaching and mentorship opportunities. Additional information on this funding opportunity can be found here: bit.ly/neresiliencygrants.

Funds will be targeted to for-profit, existing small businesses (not start-up) located in Calumet and Outagamie County, City of Menasha, City of New London, and Village of Fox Crossing.  EXCLUDES City of Appleton

Business has 5 or fewer employees, including the owner.

Business must meet low-to-moderate income qualifications for their respective county.

Business must be able to document how the business has been adversely impacted by the COVID-19 pandemic. Interested small business owners, please review all requirements for eligibility and all documents needed for the application at: bit.ly/neresiliencygrants.


When will the application be available?

The application will be available on Wednesday, July 14 2021 at noon. All applications will be reviewed in the order they are received (time stamped) and will be equitably considered. The application will remain open until noon on Friday July 30, 2021.

Priority period: July 14 – July 16.

WWBIC will accept applications from all eligible applicants, but only process and fund priority group applications during the priority period. Women owned, Veteran Owned, Socially disadvantaged individual and economically disadvantaged individuals.


For additional information or questions about applying for the Resiliency Grant for NE WI Rural Microenterprises, please contact Colleen Bies, Regional Project Director, at cbies@wwbic.com or 920-944-2710.

According to Mary Kohrell, Calumet County’s Economic Development Director, “we know there are many businesses in our service region that are still feeling the affects of COVID-19, especially the smallest of the small businesses.  I’m so excited to get these grants out to our qualifying businesses, and WWBIC has the perfect team to make it happen!”

“We know that we can accomplish much more collectively through partnerships, and thus WWBIC is grateful to have such a relationship with Outagamie and Calumet Counties to advance dollars to our rural communities.  Small businesses are the heart of our economy and these dollars will help leverage the recovery efforts that are needed now more than ever to assist with resiliency and sustainability to our small businesses,” said Kamaljit Jackson, Vice President for Programs and Operations.