Governor Announces More Than $46 Million in Support to Small Businesses

Yesterday, Governor Tony Evers announced more than $46 million to support an estimated 9,300 small businesses across Wisconsin which will receive a $5,000 grant through the successful ‘We’re All In’ grant program.

More than $240 million in ‘We’re All In’ grants were awarded to Wisconsin small businesses in three phases throughout the first year of the pandemic. Both Phase 1 and Phase 2 grants were aimed at businesses with less than $1 million in annual revenue, regardless of industry. Phase 1 distributed $65 million to more than 26,000 businesses around the state with each business receiving a $2,500 grant. Phase 2 grants were targeted toward industries hit hardest by the pandemic, as well as diverse businesses and businesses that had not received Phase 1 grants, providing $130 million to more than 26,000 businesses each receiving $5,000 awards. Phase 3 ‘We’re All In’ was targeted specifically for restaurants and food, beverage, and amusement businesses with annual revenues between $1 million and $7 million, with each qualified business receiving $20,000. More than 2,000 received these grants for a combined total of more than $40 million.

Demand for the ‘We’re All In’ program has exceeded available funding in some phases. The $46 million in new grants announced will be distributed to adversely impacted small businesses that applied for pandemic relief through the ‘We’re All In’ Phase 2 program last year but for which additional funds were not available.