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New grant program offered by the Wisconsin Economic Development Corporation – Main Street Bounceback.

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The Main Street Bounceback grant program provides $10,000 to new or existing businesses and non-profit organizations moving into vacant properties in Wisconsin’s downtowns and commercial corridors. The funds can be used to pay leases or mortgages, operational expenses, and other business costs related to the newly opened location. The program is available to new or existing businesses opening a new location or expanding operations in a vacant commercial space as of January 1, 2021. To qualify, companies or organizations must have moved between January 1, 2021, and June 2022.

Grant funds are available as part of the American Recovery Plan Act and will be distributed by WEDC’s regional partners. The Madison Regional Economic Partnership (MadRep) is administering funds for the Madison region and is one of nine regional economic development organizations. MadRep is currently accepting and reviewing applications for the program. To request your application, fill out an interest form.

Businesses must apply through the partner organization for the region in which they are located. Here is a map of the other regional partners.

For additional information:  https://wedc.org/programs-and-resources/mainstreet-bounceback-grants/

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