State launches $2M grant initiative for minority-owned businesses affected by Covid-19

Gov. Tony Evers plans to assist 1,000 ethnically diverse micro-businesses impacted by the Covid-19 pandemic through a $2 million grant initiative. Through the new program, small businesses that are Wisconsin based in the retail, service or hospitality industry, and are at least 51% minority owned, can receive a $2,000 Ethnic Minority Emergency Grant. The funding is being provided by the Wisconsin Economic Development Corp. To be eligible, the business must have no more than five full-time employees,…