Governor Evers just announced Phase 2 of the We're All In grant program. The program will provide $5,000 grants to at least 10,000 Wisconsin small businesses. Wisconsin’s small businesses are being affected by the COVID-19 pandemic. Funded by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, the grants will help small businesses with the costs of health and safety improvements, wages and salaries, rent, mortgages and more.
The We’re All In Small Business Grant application portal on the Department of Revenues website opens 8:00am on Monday, October 19th and ends at 11:59pm on November 2. The application will be live on the Department of Revenue’s website on Monday, October 19th at revenue.wi.gov
Here is a summary of the program:
A business may apply for the We’re All In Small Business Grant if it:
• The business started operating prior to January 1, 2020 and operated in 2020;
• Is Wisconsin-based and for-profit;
• Employs 50 or fewer full-time equivalent (FTE) employees, including the owner; and
• Has more than $0 but less than $1 million in annual revenues.
Businesses will not be eligible for the grants if they are:
• Part of a national chain, unless the business is a third-party franchise;
• The business must not be a governmental unit or primarily engaged in any of the following North American Industry Classification System (NAICS) codes beginning with:
o 111XXX - Crop Production
o 112XXX - Animal Production or Aquaculture
o 5311XX - Lessors of Real Estate
o 813XXX - Nonprofit Organizations
To prepare for the application process, businesses should be ready to input information from their 2019 taxes into the Department of Revenue application:
• Has filed their 2019 federal and Wisconsin taxes.
• Identify the North American Industry Classification System (NAICS) code: This information may be included in a business’s tax return, or through the NAICS website: https://www.naics.com/naics-code-description/.
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