City of Racine Micro Business Grant Program

Sep 19, 2022

Located in the City of Racine? WWBIC is here for you! The City of Racine Micro Business Grant Program is focused on start-up or existing businesses located in the city looking for business grants. Click here for more details

¿Hablas español? Haga clic aquí para más detalles

Please apply at bit.ly/racinegrant22. The application will be available on Thursday, September 29th 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, October 7th.

Additional Details:

• Grants from $5,000 – $15,000 are available

• Grants can be used for assistance with but not limited to: payroll, rent, utilities, inventory, and marketing

• Business must be located in the City of Racine

• Grants available to small businesses with five or fewer employees, including the owner

• Grants will be awarded on a first come, first serve basis to eligible businesses; applications will be time-stamped

• $160,000 in total will be distributed to micro business owners with individual grants being available from $5,000 – $15,000

Eligibility:

The initial application will be short; however, additional documentation will be requested to verify eligibility

• Businesses can be a start-up or existing business

• Businesses cannot be a non-profit business structure

• Business needs to be in good standing with the State of Wisconsin and current on all local, state and federal taxes

• To comply with the needs of the grant, the business owner must meet the following requirements and agree to the following criteria:

1. The business must be a micro-business with five or fewer employees (including the owner)

2. The owner’s household income must be under 80% of the area median income

OR: The owner must agree to create a full-time or equivalent job for a person whose household income is under 80% of the area median income. This job creation requirement must be met within 12 months.

Questions? Contact us:

CHRISTINE PADILLA
Regional Office Coordinator
cpadilla@wwbic.com
262-898-5002

Share This